15 Jul 21

CarNext appoints Sophie Krishnan as CEO

Online used-car marketplace CarNext has appointed Sophie Krishnan (pictured) as its new Chief Executive Officer. Ms. Krishnan started in her new role at the beginning of this month. She will focus on accelerating CarNext’s growth as a newly independent business. CarNext was recently ‘emancipated’ from LeasePlan (see our Feature from 6 July).

Ms. Krishnan, a French national and Stanford School of Business graduate, has extensive experience in rapidly scaling and accelerating growth in digital businesses – in both the B2B and B2C segments. She has held executive roles at Expedia, Trainline and most recently as COO at WorldRemit, a digital payments specialist. 

Launched in 2018, CarNext has grown to become one of Europe’s leading used-car retailers. It aims to capture a significant part of the €400-billion used-car market in Europe by broadening the selection of the vehicles it offers, and by expanding across Europe. 

“I’m excited to be joining CarNext at such an important inflection in its journey,” said Ms. Krishnan. “CarNext is becoming a leading scale-up in Europe. My immediate focus is on accelerating growth.”

Image: CarNext

Authored by: Frank Jacobs