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JESSE TOPRAK
PROFESSIONAL EXPERIENCE
December 2014-present CarHub.com Beverly Hills, CA Founder & CEO
§ Founder & CEO of the automotive research, shopping, and ownership management company. Acquired by Mullen Technologies in November 2018.
§ Handled all aspects of the company’s creation, including: raising capital, product design, hardware production, signing up major industry partners, multimedia production (virtual reality driving simulator) and establishing a highly functioning international team from scratch –now operating in three countries. October 2012-present Toprak Consulting Group Encino, CA President
§ Founder and President of the management consulting firm, concentrating on solving the complex problems of OEMs, large dealership groups, third party automotive sites and investment banks with “Actionable Intelligence”
§ Clients include: Hyundai Motor America, Cars.com, TrueCar, Morgan Stanley, UBS and multiple national dealership groups. August 2009 – October 2012 TrueCar Inc Santa Monica, CA Vice President, Market Intelligence
§ Joined when the company was a start up with forty employees with virtually no revenue and played an instrumental role in bringing the company to over four hundred employees and over $1 billion in market valuation in less than four years.
§ Responsible from most of the consumer and industry facing automotive data & analysis products for TrueCar.com
§ Acted as the automotive industry expert/spokesperson for the company
§ In charge of validating marketplace data for accuracy
§ Liaison between the manufacturers and the company at the highest levels
§ Analyzing automotive market data and telling the story behind the numbers
§ The most accurate sales forecaster in the industry
§ Patent holder “Vehicle Pricing Flexibility”
November 2000 – August 2009 Edmunds.com Santa Monica, CA Executive Director, Industry Analysis
§ Created the industry leading automotive market pricing tools such as True Market Value (TMV) and True Cost to Own (TCO)
§ Company revenues grew from $6 million to over $150 million
§ Acted as the automotive industry expert/spokesperson for the company. Also spoke at several industry conferences
§ Responsible for Residual Value determination for use in industry analysis as well as the TCO tool
§ Created the True Cost of Incentives (TCI) product which is now one of the most frequently utilized incentives spending measurement tool for the OEMs in the industry
§ Created a Sales Forecasting tool which is able forecast industry sales down to the model level with extreme accuracy
June 1995 – July 2000 Automotive Dealerships IL & WI GM - Director, Finance & Insurance
Chrysler/Dodge/Jeep/Chevrolet/Cadillac/Nissan/Toyota brands
§ Various franchise dealership roles starting from managing the F&I departments to running the entire operations of multiple dealerships EDUCATION
2017- 2018 M.I.T Cambridge, MA
Certificate in Artificial Intelligence: Business Impact & Strategy 2013-2016 Stanford University Stanford, CA
Professional Certificate in Strategic Decision Making & Risk Management
§ Advanced Decision Analysis, Converting Strategy into Action, Scenario Planning and Effective Forecasting, Modeling for Strategic Insight May 2000 Northern Illinois University De Kalb, IL
Master of Business Administration
§ Marketing/Sales & International Business concentrations. Study abroad program concentrating on the potential of the automotive markets in Thailand, Vietnam, Laos and Cambodia
May 1995 University of Marmara Istanbul, Turkey
Bachelor of Arts
§ Double major in International Relations & International Business Strategy
§ Graduated with the highest GPA of the Business School. Received a full scholarship to study at Beloit College for senior year. Co-founded the International Business Club
Also attended:
London School of Economics: International Business Strategies Program Beloit College: International Business, Broadcast Production (produced TV shows for Beloit Public Access channel, produced and hosted a radio show at WBCR) Illinois Institute of Technology (Started the MBA program, transferred to NIU) N.A.T.O. (Brussels): Special project and diplomatic internship MEMBERSHIPS
§ Society of Automotive Analysts
§ International Society for Philosophical Enquiry (The Thousand)
§ American Mensa & Mensa International
§ Motor Press Guild
Highlights:
• One of the LinkedIn’s Top Influencers in the World
• Proven value creator, having transformed two new-media companies from virtually unknown entities to the leaders in their field in the last decade
• Performed over 5,000 media interviews covering all major national and international media outlets
• Well-known and sought-after automotive industry executive/consultant Key strengths include:
• Strategic Management: Expert in the art and science of formulating, implementing and evaluation of cross-functional decisions to achieve organizational objectives
• Pricing: Strategic vehicle pricing for optimal profitability and volume
• Incentive Optimization: Determination of what type and levels of incentives to offer to consumers as well as dealers
• Branding: Experience with several automakers in brand perception improvement projects
• PR: Seasoned spokesperson. Known by all major automotive reporters and OEM executives
• Automotive Finance: Expert in auto finance trends, including captive finance programs and leasing
• Consumer Buyer Behavior in Automotive Market: Experienced in market research
• Residual Value determination: Expert in residual value setting and risk analysis
• Marketing Effectiveness Measurement: Experienced in consideration marketing
• New Product Development: Routinely involved in new product launch projects with major automakers
• Sales Management: Dealership to National level