Mitch Golub Joins Carlease Board of Directors as Chairman of the Board

CHICAGO, March 7, 2018 -- Carlease, the premier car leasing experience site delivering concierge-level consumer service, today announced the appointment of Mitch Golub, former President and Founder of Cars.com, as its Chairman of the Board, effective immediately. He is also an investor in the company.

"Carlease provides a convenient, one-stop shop to consumers looking to lease a new car by helping them find the right car, with the right offer, and delivering it to their home or office. In the process, they are increasing transaction opportunities for dealers – making this business a win-win for the industry," said Mitch Golub. "The company is capitalizing on increasing numbers of lease transactions, particularly in the luxury and millennial markets, and offering consumers an expert, efficient and stress-free experience. The interest in and support of Carlease is tremendous, and I couldn't be more excited to join the board of directors as the chairman."

Today, Golub is the President of MFG Digital Inc., an investment and consulting firm with an emphasis on digital start-ups. Prior to Cars.com, he spent 20+ successful years with the Tribune Co., where he leveraged his extensive background in product management to help the company's new business initiatives, including the creation and management of start-ups in print, broadcast and online. Golub also held a leadership role in Tribune's emerging New Media Group, where he created and launched Digital City, in partnership with America Online. He received the Tribune Co.'s first Values Award, presented for business achievements demonstrating creativity and entrepreneurialism.

"Mitch is a visionary and powerhouse leader in the automotive and digital industries and we are thrilled to have him as the chairman of Carlease's board of directors," said Andy O'Dower, Carlease's CEO. "His deep industry experience and knowledge of the consumer buying process will be invaluable as we scale the Carlease business quickly, enhancing our consumer product platform and digital experience, adding dealer partners and launching markets nationwide. I'm confident his counsel will make an important impact on our company and its growth."

Carlease recently announced an initial funding round of $3.5M, led by Lightbank. The company is investing in their technology platform and digital experience, expanding markets nationwide and increasing business leasing partnerships.

About Carlease
Carlease is the premier car leasing experience site, delivering expert, efficient and concierge-level service to help you find the right car, with the right offer, delivered to your door. With rapid technology advances and changing needs of buyers, leasing is quickly becoming the new path to vehicle ownership. Let our team of skilled, unbiased experts take the stress out of finding your next new car.

At Carlease, we believe in car leasing made simple. To learn more, visit us at https://www.carlease.com. Connect with us on Twitter: @carleasecom or Facebook: facebook.com/carleasecom.

Media Contact:
Alex Glenn
press@carlease.com

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SOURCE Carlease, Inc.