#USA #Authenticom #Stephen Foster #Global Revenue #La Crosse

Strategic Growth Ahead at Authenticom Group

As the automotive industry gears up for transformative change, the Authenticom Group of Companies has announced a bullish expansion strategy for 2025. Central to this initiative is the new appointment of Stephen Foster as Chief Revenue Officer (CRO), who will step into his role on January 1, 2025. With a deep-rooted expertise in the automotive SaaS sector, Foster brings a wealth of experience that promises to accelerate the company's growth momentum.

Proven Track Record in Revenue Generation

Stephen Foster’s credentials are impressive. His career showcases a consistent record of revenue enhancement across various companies. For instance,

• - At ibex, he played a pivotal role in securing partnerships with automotive giants such as Honda, Toyota, Nissan, and Mercedes, crafting a formidable sales engine in both North America and Europe.
• - While with Alida, Foster managed to increase global revenues by a striking 6x within three years, significantly boosting the average deal size.
• - Most recently at Forsta, he achieved a 1.5x year-over-year revenue increase while tripling the sales team's size and doubling overall revenues.

Foster’s expertise lies in his acute acumen for aligning sales strategies closely with corporate objectives. He is also adept at cultivating long-lasting relationships and building high-performance teams – qualities that will be indispensable for Authenticom's future initiatives.

Enhancing Core Solutions for Dealerships

In his role as CRO, Foster will spearhead sales for Authenticom's key products, which include:

• - NADA Vault and Dealer Vault: Comprehensive tools that enable dealerships to securely share data with third-party vendors, thus streamlining operations.
• - Record Recharge: A highly effective data cleansing tool designed to eliminate outdated customer data, enabling dealerships to optimize marketing budgets by avoiding money spent on ineffective leads.
• - Motive Retail: Custom-built API solutions that empower OEMs with the robust capabilities necessary to launch seamless and scalable programs.

Under Foster's guidance, these offerings will furnish dealerships and OEMs with essential tools to cut costs, enhance efficiency, and secure their businesses against future challenges.

Leadership with Vision

Jason Tryfon, President of Canada International Growth Operations, emphasized the value Foster brings, stating, "Stephen knows this industry inside out. His experience in scaling businesses and forging connections with leading automotive brands positions him perfectly for steering us towards a groundbreaking year ahead."

Beyond his professional credentials, Stephen Foster is celebrated for his collaborative approach and friendly demeanor. A proud native of Nova Scotia, he currently resides in Burlington, Ontario, where he balances his professional responsibilities with personal hobbies, including golf, guitar, and summer retreats.

Stephen is set to join the Authenticom team in La Crosse from January 7 to 10, ready to delve into the plans shaping the company’s strategy for 2025 and beyond.

About Authenticom Group of Companies

The Authenticom Group is a trusted player within the automotive sector, known for providing innovative data solutions that streamline dealership and OEM operations. Their product suite, which includes NADA Vault, Dealer Vault, Record Recharge, and Motive Retail, is engineered to deliver efficiency, security, and tangible results for their clients.

For further inquiries, reach out to Drew Williams, Creative Director, at [email protected] or call +1 866-289-3283.