Michael W. Bor
Chairman of the Board and CEO
Michael has primary oversight over the general strategy and vision of CarLotz, in addition to managing growth and new store openings, Michael works primary with the Company's Executive Committee, comprised of the leaders of Operations, Talent Management, Technology, Finance & Accounting, Marketing, and CarLotz for Business as well as managing growth and new store openings and our leasing business, Orange Grove Fleet Solutions." Starting effectively as a Coach with the other Co-Founders in 2011 with the opening of CarLotz’ first store in Midlothian, VA, Michael has always enjoyed close interactions with CarLotz’ many and diverse guests and teammates and continues to enjoy viewing pictures of happy car buyers driving off in their new rides! Michael has an extensive background in the automotive sector through CarLotz and his previous work as a Mergers & Acquisition investment banker at Harris Williams & Co., where he initially met and worked with Will Boland and ultimately ran the Transportation and Logistics group. Prior to Harris Williams & Co., Michael held positions at Lehman Brothers and PricewaterhouseCoopers. Michael received a BS in Finance from Lehigh University and an MBA from the Harvard Business School. Michael has lived on three continents, but currently resides in Richmond with his wife of almost two decades and three young sons. He enjoys playing ping-pong with his boys, tennis with his wife, and squash with his friends. His first car was a 1986 Nissan Stanza Wagon.
Linda B. Abraham
Chair of Compensation Committee
Linda Abraham is Managing Director of Crimson Capital, which invests in and advises early stage technology companies spanning data/analytics, cybersecurity, machine learning, e-commerce, educational technology, virtual reality, clean energy and healthcare. From 1999 to 2013, Ms. Abraham co-founded comScore, a global leader in digital measurement and analytics. There she served in a variety of leadership roles including sales, marketing, product and global expansion efforts, helping to grow the company to 32 offices in 23 countries before it went public in 2007. Prior to co-founding comScore, Ms. Abraham co-founded Paragren Technologies, which provided software for customer relationship management systems (today owned by Oracle), and also served in various roles at Procter & Gamble and Information Resources, Inc., where she developed and commercialized a series of data-driven analytical products.
Ms. Abraham serves on the board of multiple companies spanning public, private and non-profit sectors. These include Site Centers (NYSE:SITC), a shopping center REIT, Tiger 21, a membership-based learning organization focused on wealth management, and Upskill, a virtual reality company for large scale manufacturing enterprises where she serves as Vice Chair. Additionally, she serves on the board of the School of Data Science at the University of Virginia, and on the board of advisors for several private companies, including Zum (transportation) and Humanest (healthcare.) Ms. Abraham is a 2020-2021 Fellow in the Stanford Distinguished Careers Institute (DCI), and holds a degree in Quantitative Business Analysis from Penn State University. She has four grown children and lives with her husband in Boca Raton, FL.
Steven G. Carrel
Steve joined TRP I in 1998, left in 2002 to pursue his MBA, and rejoined in 2004. Steve is currently a Managing Director for TRP primarily responsible for deal sourcing, deal execution, and portfolio management. Prior to his work at TRP I, Steve worked as an Analyst in the Investment Banking Division at Merrill Lynch. Steve currently serves on the Board of Directors of Endurance Vehicle Services, GenOx, CarLotz, and Flex Fleet Rental.
Steve earned his BS in Finance from the Pennsylvania State University in 1996 and his MBA from the Harvard Graduate School of Business in 2004.
Sarah M. Kauss
Member of Audit and Compensation Committees
David R. Mitchell
Dave joined TRP in 2002 and is currently a Managing Director primarily responsible for deal sourcing, deal execution and structuring, portfolio monitoring, and overall fund management. Dave assisted with the formation of TRP II and co-founded TRP III and TRP IV.
Prior to joining TRP, Dave spent 11 years in management consulting. In addition to being a founding partner in Kaufman Peters, a small growth consulting firm where he worked from 2000 to 2002, Dave was previously a Vice President with RJ Peters & Company from 1999 to 2000. Prior to that, Dave was Senior Manager, Manager, and Senior Consultant with Deloitte Consulting in the Automotive and Manufacturing practice from 1994 to 1999 and a Senior Consultant with Accenture (formerly Andersen Consulting) from 1989 to 1992. Dave has expertise in several industries, including automotive, transportation, consumer products, retail, and building products. He has advised numerous clients in the areas of strategy, organization design, cost reduction, supply chain management, manufacturing, and information technology. Dave currently serves on the Board of Directors of Tire Group International, Endurance Vehicle Services, Nacarato Truck Centers, Quality Liaison Services of North America, GenOx, CarLotz, and Flex Fleet Rental.
Dave earned his BS degree in Chemical Engineering from the University of Notre Dame in 1989 and his MBA from the Stanford University Graduate School of Business in 1994.
Kimberly H. Sheehy
Chair of Audit Committee and Member of Nominating and Corporate Governance Committee
Ms. Sheehy has served as a member of the Board of Directors and Chair of the Audit Committee for Switch Inc., a public high growth technology infrastructure company, since December of 2017. Until May of 2020, Ms. Sheehy served as Chief Financial Officer of ResMan LLC, a privately owned software company providing software solutions to multi-family residential property managers. Prior to ResMan LLC, Ms. Sheehy served as Chief Financial Officer of Lori’s Gifts Inc., a privately owned retail company serving hospitals through-out the United States, from March 2018 through April 2019. Ms. Sheehy served as Chief Financial Officer of Stackpath LLC, a privately held entity offering a secure edge platform from December 2015 through October 2017. Prior to joining StackPath, Ms. Sheehy served as Chief Financial & Administrative Officer of CyrusOne Inc., a public high-growth real estate investment trust specializing in engineering, building and managing data center properties from November 2012 through September 2015. Prior to CyrusOne Inc., she held various roles between 1996 and 2012 at Cincinnati Bell Inc., including Treasurer and Vice President of Investor Relations, Vice President of Finance and Treasurer, Vice President of Financial Planning and Analysis, and Managing Director of Corporate Tax. Prior to joining Cincinnati Bell Inc., Ms. Sheehy held accounting and tax positions at Ernst & Young. Ms. Sheehy received her Bachelor’s Degree in Accounting from the University of Cincinnati and holds her Certified Public Accounting license in the State of Ohio.
James E. Skinner
Chair of Nominating and Corporate Governance Committee and Member of Audit Committee
Jim Skinner is the retired Vice Chairman of Neiman Marcus Group (NMG), a $4 billion luxury fashion retailer. Jim had also served as Chief Operating Officer and Chief Financial Officer for NMG. During his 15 years with NMG, Jim has had responsibilities for numerous areas including: finance, accounting, strategy, business development, distribution and logistics, real estate and construction, investor relations, legal, and information technology.
Prior to NMG, Jim was with CompUSA, a $6 billion pioneer in computer retailing. Jim held various positions at CompUSA, including executive vice president and chief financial officer. Jim joined CompUSA shortly before the initial public offering and left after the sale of the company in 2000. Jim began his career with EY, an international professional services firm, where he served for sixteen years, including the last four years as a partner.
Jim is a Certified Public Accountant, licensed in Texas.
Jim also serves on the Board of Directors of Hudson Ltd. (NYSE: HUD), Acamar Partners (NASDAQ: ACAM), and Ares Commercial Real Estate (NYSE: ACRE). Jim has experience serving as Chairman of Audit, Compensation, and Finance Committees. Jim is also on the Advisory Board of RevTech, an incubator/accelerator focused on the retail technology.
Luis Ignacio Solorzano
Lead Independent Director, Member of Compensation and Nominating and Corporate Governance Committees
Mr. Solorzano is a Partner and Chief Executive Officer of Acamar Partners, an investment management firm that in 2019 raised a $305 million NASDAQ-listed SPAC through Acamar Partners Acquisition Corp. Mr. Solorzano has 20 years of investment experience across various sectors and geographies. Mr. Solorzano has served on the boards of various public and private companies, including Dufry, Grupo Aeroportuario del Centro Norte, Aerodom, InverCap Holdings and Viakem.
Mr. Solorzano began his career with BankBoston Capital, where he spent 4 years making private equity investments and corporate loans across Latin America. In 2001, Mr.Solorzano joined Advent International becoming a Partner and Managing Director in 2008. He served as Chairman of the Latin America’s Investment Committee and during his tenure at Advent, Mr. Solorzano participated in various investments and management activities encompassing various of Advent’s private equity funds. He was a key executive involved in the raising of three funds for a cumulative c. $5 billion, and he played a leading role in 15 investment transactions in various sectors, including retail and consumer, financial services, industrials, information technology and infrastructure. Mr Solorzano also played a significant role in supporting portfolio companies in the design and implementation of various strategic, operating and financial value creation initiatives.
Mr.Solorzano’s investment experience covers both the Americas and Europe. One of these investments was Advent’s acquisition of a majority stake in Dufry. Mr. Solorzano co-led this transaction and played a significant role in the execution of Dufry’s operating plan, Dufry’s IPO process, and the negotiation, execution and integration of several add-on acquisitions made by Dufry in various geographies. Mr. Solorzano graduated with a degree in Economics (cum laude) from the Instituto Tecnologico Autonomo de Mexico (ITAM) and an MBA from Harvard Business School.