#United States #Fremont #Way.com #Auto Services #Shiva Kumar

Way.com Appoints Shiva Kumar as President

FREMONT, Calif. — In a significant move for its future, Way.com, the premier auto services platform, has announced the appointment of Shiva Kumar as its new President, effective immediately. His appointment comes at a crucial time as the company seeks to expand its operations and innovate its offerings in the highly competitive $2.2 trillion auto ownership market.

Shiva Kumar, a seasoned leader with over 20 years of experience in technology and finance, will take charge of strategic growth initiatives and operational excellence within the organization. His role will also encompass overseeing company finances and strengthening existing partnerships, which is essential for keeping pace with the demands of modern car ownership.

Prior to this role, Kumar served as Managing Director and Head of Mobility Technology at Piper Sandler, where he provided guidance to top-tier companies across a range of sectors including software and hardware. His expertise in mobility technology and finance will be pivotal as Way.com aims to further improve its value proposition for car owners across the nation.

Binu Girija, CEO of Way.com, expressed confidence in Kumar’s capabilities, stating, “Shiva's vast experience in mobility technology and his proven leadership in strategy and finance make him the perfect fit to steer Way.com toward its next phase of profitable expansion.” He emphasized that Kumar's role will be crucial in enhancing the company’s business model and streamlining its offerings to maximize user benefits.

Shiva Kumar’s career began at Merrill Lynch in New York, where he gained foundational knowledge in investment banking. He later played a pivotal role at Jefferies, LLC, co-leading their mobility technology investment banking practice. Kumar also held the role of Chief Financial Officer at a logistics software company, where he had significant oversight over finance, business development, and operational strategy.

Academically, Kumar is well-equipped for this new challenge, holding a bachelor's degree in electrical engineering from the Indian Institute of Technology Bombay and a master’s degree from UCLA. He also earned an MBA from Northwestern University's Kellogg School of Management. His innovative mindset is reflected in his seven US patents and numerous conference papers, showcasing his commitment to pushing the boundaries of technology in the automotive sector.

Way.com stands out as the leading tech-enabled services platform in the auto industry, trusted by over nine million users in the U.S. The company prides itself on delivering a seamless, technology-driven experience for car owners, offering services that allow users to protect their vehicles while maximizing savings. Their vast network encompasses various partners, including credit unions, banks, and service providers, allowing Way.com to create new revenue avenues and expand its market reach.

As Kumar steps into this vital role, both employees and stakeholders at Way.com look forward to his leadership in navigating through the evolving landscape of auto services, driving growth and enhancing the overall experience for consumers and businesses alike. With his wealth of experience and strategic perspective, Kumar is set to play an integral role in shaping the future of Way.com and the auto services industry as a whole.