Bitauto Holdings Limited appointed Mr. Dallas S. Clement, the executive vice president and chief financial officer of AutoTrader Group, to its board of directors, effective November 17, 2012. Meanwhile, Ms. Rong Lu has resigned from the company's board of directors, effective November 17, 2012.
Mr. Clement has served as the chief financial officer of AutoTrader Group since February 2011. Previously, he served in several leadership positions spanning 20 years at Cox Communications. Most recently, he led Cox's strategy and product management organizations.