With an eye toward mergers and acquisitions, StoneEagle F&I hired a new industry professional to lead the company’s business development enterprises, including sales, marketing and affiliate partnerships.

On Wednesday, the provider of F&I technology solutions welcomed Joe St. John as senior vice president of business development, bringing more than 20 years of experience across dealership development, management and operations, sales force development and digital transformation.

According to a news release, St. John will report directly to StoneEagle chief executive officer Cindy Allen.

“Joe brings an incredibly valuable and unique set of skills and experience to our StoneEagle team,” Allen said in the news release. “Joe’s singular blend of talents from a career that spans automotive retail to F&I administration to Silicon Valley startup will help fuel the acceleration of our growth and be an invaluable add to our executive team as we shift into strategic M&A activities.” 

St. John was most recently head of digital retail at AutoFi, a financial technology company and leader in digital transformation within retail automotive.

StoneEagle highlighted that he was a key part of AutoFi's growth during the past five years and will remain closely connected to the company as a digital retail advisor and investor.

“StoneEagle’s customer-centric leadership, entrepreneurial vision, and deep understanding of data has revolutionized the F&I industry,” St. John said. “As a former customer and user of StoneEagle’s products, it’s exhilarating to join their seasoned and innovative team at this pivotal moment in the industry and to help lead the next era of delivering enhanced value to our trusted partners.”