Autobytel Appoints New CEO

Irvine-based Autobytel has named a new CEO and President. The firm has appointed James Riesenbach to the positions, saying that he will assume leadership of the company at the end of the month. Riesenbach will also join the company's board of directors. In conjunction with the appointment, the firm said that it is no longer pursuing a sale of the company. Riesenbach was most recently at AOL's Search and Directional Media Group, where he managed AOL's search properties and businesses. Rick Post, Autobytel's current President and CEO, will continue to serve on its board of directors. Autobytel is an Internet-based automotive marketer, connecting car buyers with manufacturers and automotive dealers.