Andrew Beecher has confirmed he will step down as CEO of leading online automotive property CarAdvice after more than five years in the role.

Beecher (featured image) has led CarAdvice to become Australia’s largest independent automotive content publisher and overseen the sale and transition from independent ownership to a subsidiary of Nine.

Nine CFO and chairman of CarAdvice, Greg Barnes: “I congratulate Andrew for a very successful five years and half years at CarAdvice and wish him all the very best for the future.

“Andrew has led the team through a period of significant and profitable growth and firmly established CarAdvice as the leading publisher in the new car space.

“He has also worked to strengthen the CarAdvice brand while bringing it into the Nine family.”

Barnes continued: “Plus in recent months Andrew has overseen the merger with the Drive Network, which will further strengthen our combined offering to auto manufacturers through increased audience scale and greater cross-platform capabilities and service offerings.”

Andrew Beecher said: “It has been a privilege to lead CarAdvice for over five years and serve the millions of Australian consumers who read, watch, listen and engage with CarAdvice content.

“I am immensely proud of what we have accomplished as a team on behalf of our automotive customers.

“It has been my great honour to work with an exceptionally dedicated and passionate team of executives who lead the most talented group of employees I have ever experienced.

“I am exceedingly grateful for all of the long hours and hard work the CarAdvice team have put in to elevate the company to a strong and proud publisher that supports independent automotive journalism.

“I am convinced that CarAdvice and Drive will continue to be an increasingly strong force in the automotive landscape, bringing innovative ideas to our customers and creating worldclass content for our consumers.”

A search for a new CEO has commenced and the appointee will be named in due course.