Editor's note: The length of Larry Dominique's tenure at Nissan and Infiniti was misstated in an earlier version. It was 22 years.
LOS ANGELES -- Larry Dominique, executive vice president of industry solutions at TrueCar, is leaving at the end of the year in the latest executive departure at the online shopping site.
Dominique, 53, is leaving to “pursue new opportunities and we wish him well,” Alan Ohnsman, TrueCar spokesman, told Automotive News. TrueCar has identified a successor and will make that announcement this week.
Dominique joined TrueCar from Nissan North America in 2011 and is president of the company’s Automotive Lease Guide division, overseeing the gathering and analyzing of industry data and providing residual value forecasting for OEMs and other clients.
Prior to TrueCar, Dominique had worked for automakers. He spent 22 years at Nissan and Infiniti, where he rose through the ranks to become vice president for product planing and strategy for Nissan Americas. He came to Nissan from Chrysler, and got his start in the business at General Motors in 1984.
TrueCar is also nearing the end of its search for a new CEO to replace Scott Painter, the founder and CEO who stepped down in August. Mike Guthrie, TrueCar’s CFO, has been guiding TrueCar in the interim. John Krafcik, former TrueCar president and Hyundai Motor America CEO, left TrueCar in September to become the CEO of Google’s self-driving car project.
TrueCar closed the third quarter with an $11.1 million net loss, but reported record vehicle sales through its digital channels.