-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RiLc8XFZt/7jE7jhsceB2rtdM5akie5L/FSEEDQ/UIbcFQaJ64i8xnyc+QlFKRaS 1QJa3S4Uaxt/cVZKx2Qvvw== 0001193125-06-252592.txt : 20061214 0001193125-06-252592.hdr.sgml : 20061214 20061213183414 ACCESSION NUMBER: 0001193125-06-252592 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061211 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061214 DATE AS OF CHANGE: 20061213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUTOBYTEL INC CENTRAL INDEX KEY: 0001023364 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 330711569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22239 FILM NUMBER: 061275289 BUSINESS ADDRESS: STREET 1: 18872 MACARTHUR BLVD STREET 2: SUITE 200 CITY: IRVINE STATE: CA ZIP: 92612-1400 BUSINESS PHONE: 9492254500 MAIL ADDRESS: STREET 1: AUTO BY TEL CORP STREET 2: 18872 MACARTHUR BLVD 2ND FL CITY: IRVINE STATE: CA ZIP: 92612-1400 FORMER COMPANY: FORMER CONFORMED NAME: AUTOBYTEL COM INC DATE OF NAME CHANGE: 19981230 FORMER COMPANY: FORMER CONFORMED NAME: AUTO BY TEL CORP DATE OF NAME CHANGE: 19960920 8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 11, 2006

Autobytel Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   0-22239   33-0711569
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

18872 MacArthur Boulevard, Irvine, California   92612-1400
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (949) 225-4500

 


(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 11, 2006, Jeffrey M. Stibel was appointed as director of the Company. Mr. Stibel was appointed as a Class I director. The Board of Directors has not determined on which Committees of the Board of Directors Mr. Stibel may serve at this time.

Mr. Stibel, 33, was appointed President and Chief Executive Officer of Web.com, Inc. (NASDAQ: WWWW) and a member of the Board of Directors in August 2005. Web.com, formerly Interland, Inc. (NASDAQ: INLD), is a leading provider of websites and web services for small businesses and consumers. Web.com is a pioneer in the industry having built more than 4 million websites through its software and patented technologies. From August 2000 to August 2005, Stibel held executive positions at United Online, Inc. (NASDAQ: UNTD), a technology company that owns and operates branded ISPs (NetZero, Juno and BlueLight Internet) and Web services (Classmates.com, MySite and PhotoSite). Stibel was most recently Senior Vice President and General Manager overseeing the Web Services division, including Web hosting, e-mail, digital photos, search and domain registration. Prior to working for United Online, from September 1999 to August 2000, Stibel was Chairman and CEO of Simpli.com Inc., a search and marketing technology company he co-founded that is currently owned by ValueClick, Inc. (NASDAQ: VCLK). Prior to Simpli.com, Stibel worked at GTE (Verizon) on SuperPages, an online yellow pages and ecommerce business directory. In addition, he worked in mergers and acquisitions at the law firm of Skadden, Arps, Slate, Meagher & Flom LLP and in marketing for The Greenfield Consulting Group. He currently serves on the board of directors for several private companies. He also serves on the Board of Brown University’s Entrepreneurship Program and Tufts University’s Gordon Center for Leadership. Stibel received a master’s degree from Brown University and studied business and brain science at MIT’s Sloan School of Management and at Brown University, where he was a Brain and Behavior Fellow.

Mr. Stibel was granted stock options to purchase 30,000 shares of the Company’s common stock, which vest on the one year anniversary of the date of grant, provided that the vesting of such options accelerates upon a change of control. Mr. Stibel has entered into an indemnification agreement with the Company.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

EXHIBIT NO.   

DESCRIPTION OF DOCUMENT

99.1    Press release, dated December 12, 2006 announcing the appointment of Mr. Stibel as director

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Autobytel Inc.
By:   /s/ Ariel Amir
 

Ariel Amir, Executive Vice President

and Chief Legal and Administrative Officer

Date: December 13, 2006


INDEX OF EXHIBITS

 

EXHIBIT NO.   

DESCRIPTION OF DOCUMENT

99.1    Press release, dated December 12, 2006 announcing the appointment of Mr. Stibel as director
EX-99.1 2 dex991.htm PRESS RELEASE Press release

Exhibit 99.1

Jeffrey M. Stibel, President and Chief Executive Officer of Web.com, Inc.,

Joins Autobytel Inc. Board of Directors

Irvine, CA –December 12, 2006 — Autobytel Inc. (Nasdaq: ABTL) today announced the appointment of Jeffrey M. Stibel, President and CEO of Web.com, to its board of directors. Mr. Stibel’s term on the board begins immediately.

“Jeff has a tremendous background with real world expertise in the complexities of operating and innovating in the world of digital media,” said Autobytel President and CEO Jim Riesenbach. “His insights, gleaned from his impressive accomplishments as an industry leader in the online world, should provide invaluable contributions to our future success as we continue on our path to lead the innovation of the automotive Internet. Equally important, his recent experience and progress in turning around and revitalizing Web.com will be of great value to the Board as we continue on our mission to restore growth and profitability.”

Mr. Stibel currently serves as President and CEO of Web.com, a leading provider of websites and web services that has built more than 4 million websites for small businesses and consumers. Prior to Web.com, Stibel served as Senior Vice President and General Manager overseeing the Web Services division of United Online. Before United Online, he was a founder and served as Chairman and CEO of search and marketing technology company Simpli.com, which was sold to ValueClick.

Stibel received a master’s degree from Brown University and studied business and brain science at MIT’s Sloan School of Management and at Brown University, where he was a Brain and Behavior Fellow. He currently serves on the Board of Brown University’s Entrepreneurship Program and Tufts University’s Gordon Center for Leadership, as well as a number of private companies.

About Autobytel Inc.

Autobytel Inc. (Nasdaq: ABTL) is one of the largest online automotive marketplaces, empowering consumers to make smart vehicle choices using objective automotive data and insightful interactive editorial content. The result is a convenient car-buying process backed by a nationwide network of dealers who are committed to providing a positive consumer experience. Every day consumers choose Autobytel-owned and operated websites—Autobytel.com, Autoweb.com, CarSmart.com, Car.com, AutoSite.com, Autoahorros.com, and CarTV.com – to facilitate their car-shopping decisions. Autobytel’s ability to attract millions of highly qualified, in-market car buyers and connect them with retailers has made it a leader in facilitating the entire customer car-buying lifecycle.

The Company’s innovative marketing, advertising, data and CRM products, including its Web Control® customer management system, Retention Performance Marketing (RPM®) service reminder program, Special Finance LeadsSM, and AIC® data center, are designed to enable dealers to offer a premium consumer experience. Since pioneering pro-consumer online automotive content and purchasing in 1995, Autobytel has helped more than twenty-seven million car buyers, generating billions of dollars in car sales for dealers.

Contact:

Autobytel Inc. Media Relations

Melanie Webber, Vice President, Corporate Communications, 949.862.3023, melaniew@autobytel.com

Rose Maciejewski, Ruder Finn, 310-882-4002, maciejewskir@ruderfinn.com

Autobytel Inc. Investor Relations

Jennifer Klein, Vice President, Investor Relations, 949.862.1362, jenniferkl@autobytel.com

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