Auto exchange Covisint picks its CEO and chairman

Predicting that the Covisint LLC business-to-business exchange could be the largest in the world, Kevin English announced last week that he is taking the reins as chairman, CEO, and president of the e-marketplace for the auto industry.

English's previous post was as CEO and managing director for the e-commerce efforts of Credit Suisse First Boston Corp. Prior to that post, he led TheStreet.com Inc. as its CEO and oversaw its IPO.

His appointment follows an extensive search by Covisint's board of directors and the exchange's founders for a leader.

The private, online auto-industry exchange was created last year by General Motors Corp., Ford Motor Co., and DaimlerChrysler AG. Among the issues English will have to oversee are the rollout of supply-chain management software, the establishment of a U.S. headquarters, whether or not suppliers should be permitted to invest in the exchange, when to take the exchange public, and how best to acquire customers for the exchange.

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