CarLotz announced the appointment of Lev Peker to the role of Chief Executive Officer, effective April 18, 2022. Mr. Peker joins CarLotz after serving as Chief Executive Officer at CarParts.com. Prior to that, he was Chief Marketing Officer at Adorama.

Previously, Mr. Peker held senior positions at Sears Holdings Corporation and CarParts.com. The company thanked Michael for his vision, leadership and support.