Cars.com CEO Alex Vetter to step down Jan 15, 2026; Tobi Hartmann appointed as successor

Cars.com Inc.

Alex Vetter, CEO and director, to depart Jan 15, 2026; will stay as Special Advisor through Mar 31, 2026, then receive severance.
Tobias Hartmann, former CEO of Scout24 SE, appointed CEO-Designate effective Dec 22, 2025, to become CEO by Jan 15, 2026.
Hartmann's compensation: $750,000 base salary, 110% target bonus, $3M RSUs (3-year vest), $2M PRSUs (stock price goals).
Board adopted 2025 Inducement Equity Plan reserving 1,000,000 shares for new-hire awards.
Hartmann to be appointed to the Board and nominated as director at 2026 annual meeting.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.