COSTA MESA, Calif., Oct. 2, 2017 /PRNewswire/ -- Thomas King, a well-recognized industry leader in data and analytics, has been promoted to the new position of Senior Vice President of Data & Analytics at J.D. Power, the global leader in consumer data & analytics and advisory services. The appointment follows a comprehensive national search that included top external and internal candidates.
King, who has served in increasingly senior roles since joining J.D. Power in 2005, will lead the overall strategic direction of the company's growing D&A segment, including oversight of revenue and profitability; business development initiatives; marketing; budget management; new product development and execution; and other general operational plans. King will join the executive committee and report directly to Finbarr O'Neill, Chief Executive Officer and President.
"Over the course of many years, Thomas has proven himself as an innovative, creative and analytical business leader at J.D. Power," O'Neill said. "Thomas is extremely qualified for this new role and we're very confident that his vision and execution will be crucial components to help drive our Data & Analytics segment to new levels beyond our existing industry-leading position. The growth of our Data & Analytics and advisory services further underscores the expansion initiatives underway at J.D. Power."
Most recently, King served as Vice President, PIN OEM Operations, Digital Marketing Analytics, and Auto Finance. In this role, he led the company's newly combined PIN, Digital Marketing Analytics and Auto Finance practices. Additionally, he played a key role in acquisition and integration of NADA Used Car Guide as well as the launch of J.D. Power Residual Values.
"It is a privilege to be selected for this important new role within J.D. Power," King said. "I look forward to continuing to identify strategic opportunities to grow this business alongside a group of talented and dynamic professionals."
Previously, he was the Senior Director of PIN Consulting & Analytics and was responsible for the ideation, creation and delivery of all PIN client-facing services including analytical reports and consulting services. He began his career as a market analyst at General Motors. King holds a Master of Materials Science, Economics and Management degree from Oxford University.
"Thomas has a proven ability to lead and transform high-performing business units to deliver sustained revenue and profit growth," Joseph Pacini, Chief Executive Officer of XIO Group, said. "I am certain he will be a great leader for the Data & Analytics business as we build to fulfill the future needs of J.D. Power's clients. Thomas' prior experience with the team is paramount to continue to drive strong results for J.D. Power's fastest-growing segment and largest contributor to EBITDA at the firm."
King's appointment follows the appointment of Bernardo Rodriguez to the newly created position of Chief Digital Officer at J.D. Power, and is part of the company's growth momentum in automotive advancement, innovation and further digitalization of its businesses.
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. Those capabilities enable J.D. Power to help its clients drive customer satisfaction, growth and profitability. Established in 1968, J.D. Power is headquartered in Costa Mesa, Calif., and has offices serving North/South America, Asia Pacific and Europe. J.D. Power is a portfolio company of XIO Group.
XIO Group is a global alternative investments firm headquartered in London with more than $3.2 billion of committed capital that employs an international team of more than 70 professionals. Representing more than 15 nationalities among its employees and its network of advisors, the firm has operations in the United Kingdom, Germany, Switzerland, Hong Kong and mainland China. With a seasoned international investment team that includes professionals with experience working at many of the world's leading private equity firms, XIO Group seeks to deploy its capital for global transactions. XIO Group's strategy is to identify and invest in market-leading businesses located across North America and Europe and help these companies to capitalize on untapped opportunities in fast growing markets, particularly in Asia. XIO Group is led by its four founders: Athene Li, Joseph Pacini, Murphy Qiao and Carsten Geyer. For more information, visit: www.xiogroup.com.