Online automotive shopping website CarGurus announced on Thursday it has appointed a new senior vice president of product.

Chosen for the position is Tom Caputo, who was most recently chief product officer at Fiksu.

"The addition of Tom's leadership allows us to grow our product operation with a continued commitment to technical excellence, creativity and speed to market," CarGurus founder and chief executive officer Langley Steinert said in a news release.

"Tom has deep experience in bringing innovation to market, as well as remarkable business acumen and technical knowledge. He's also a great collaborator and will be a huge asset to the CarGurus team as we scale the business globally."

In his new role, Caputo will lead the company's product team and oversee worldwide product strategy and delivery for both consumer and B2B areas of the business.

"CarGurus' commitment to product excellence has been at the root of its growth over the years, and I am thrilled to be a part of that tradition as I join this talented team," said Caputo.

The company now serves more than 21 million unique monthly consumer users and 20,000 dealerships in the US. Additionally, it operates international sites in Canada and the UK.

"There is tremendous opportunity on the product front, and I am excited to get to work," added Caputo.

As chief product officer at Fiksu, Caputo led the company's product strategy and development for five years.

Prior, Caputo also served at as  group product manager at Microsoft and the vice president of product management for x+1, acquired by Rocket Fuel in 2014.