Carwow Group has appointed Jeremiah Crider as chief financial officer.
Crider joins Carwow Group from Securitas, where he was European CFO, leading 200 finance personnel across Europe.
Prior to that he spent three years at Deliveroo, most recently as VP, finance for the marketplace & technology functions, where he played a pivotal role in helping it grow before and after its listing on the London Stock Exchange.
He spent the first 14 years of his career at US Retail behemoth, Walmart. The latest figures from Companies House for 2013 saw the group continue to expand with turnover up 37% to £54.8m.
The group delivered losses of -£16.6m for the year, a reduction on the £29.6m it saw in 2022.
The appointment follows a $52m investment in Carwow in H2 2024, led by Bessemer Venture Partners, which joined existing institutional investors Accel, Balderton, Episode 1 and Vitruvian Partners. Carwow Group revenues grew by 55% in H2 2024.
Crider said: “I’m very excited to be joining as CFO at such a pivotal time for the Carwow Group. Throughout my career, I’ve been fortunate to work with talented teams across Europe and I look forward to helping drive the next phase of growth across the UK, Germany and Spain, working with the rest of the Carwow Executive Team.“
Carwow Group’s Chief Executive Officer, John Veichmanis, added: “With a strong track record in dynamic, globally scaled businesses, Jeremiah brings outstanding financial leadership capabilities to the Group. His expertise will be invaluable as we strengthen our position as the online destination for car changing. I look forward to working with him to drive our vision forward.”
