CARS Executive Management Team
The Capital Automotive team has been assembled to provide a unique balance of automotive, real estate and capital markets expertise. As a whole, the management team has over 90 years of experience in the automotive, retailing, finance and real estate fields.
Jay M. Ferriero
President & Chief Executive Officer
Jay M. Ferriero has been with Capital Automotive for over 17 years. His role has grown from Director of Acquisitions, to Chief Operating Officer, to President and CEO. As President, Mr. Ferriero oversees the management and growth of the $4.5 billion of assets under CARS management. He is also an acting Board Member on a new joint venture, Capital Automotive Financial. Mr. Ferriero has thirty-six years of experience in retail automotive, real estate, mergers & acquisitions and corporate finance. Prior to joining Capital Automotive, he served as National Accounts Manager at Comerica Incorporated, where he directed the auto dealer lending offices in Florida and Illinois, with nationwide responsibilities for multi-bank credit facilities for some of the largest auto retail consolidators. Mr. Ferriero also served as SVP and Chief Loan Officer of Comerica Bank Florida, with the oversight of all the retail and corporate lending. Mr. Ferriero serves at his alma mater as a member of the Business Advisory Council for the Mendoza College of Business at the University of Notre Dame, where he is a graduate with degrees in Finance and Sociology.
Jay Ferriero may be contacted via e-mail at: firstname.lastname@example.org
William J. Beck
Senior Vice President & Director of Acquisitions
Willie Beck is the company’s Director of Acquisitions, managing the new business development activities throughout the U.S. and Canada. He has twenty-eight years of experience in commercial and automotive dealer lending, including thirteen years with Capital Automotive. Previously, Mr. Beck worked for Ford Motor Credit Company for fifteen years. Just prior to joining the company, Mr. Beck was Director of Field Operations for Ford Credit’s Primus Financial Services division in Nashville, responsible for overseeing eight branch offices within the mid & southwest U.S. Previously, he was a National Account Manager with Ford Credit in Atlanta, where he was responsible for managing the overall relationship between Ford Credit and the following groups: Sonic Automotive, the Hendrick Automotive Group and Capital Automotive REIT. He was also responsible for generating wholesale and loan relationships with other “Top 100” dealer groups, and advising branch and regional offices on complex commercial loan structures. Mr. Beck is a graduate of Boston College with a concentration in Finance.
Willie Beck may be contacted via e-mail at: email@example.com
Direct: (703) 394-1323
Senior Vice President, Secretary & General Counsel
Catherine Potter joined Capital Automotive in September 2000, and currently serves as the Company’s Corporate Secretary, Senior Vice President and General Counsel. Ms. Potter has more than 20 years of experience as a corporate and real estate attorney, and currently serves on the Company’s Investment Committee. Prior to joining Capital Automotive, she worked as Corporate Secretary and Assistant General Counsel for ORBCOMM Global, a satellite communications firm. Previous work experience also included her time as an associate at the law firms of Sheppard Mullin in San Diego and Fennemore Craig in Phoenix, Arizona. She also currently serves as a member of the Board of Directors for Innovative Decisions, Inc., a data analysis and IT consulting firm located in McLean, Virginia.
Ms. Potter received her undergraduate degree from Miami University, and her JD and MBA from the University of Virginia. She is a member of the District of Columbia, Arizona, California, Florida, and New Jersey Bars, and is an in-house counsel member of the Virginia Bar.
Catherine Potter may be contacted via e-mail at: firstname.lastname@example.org
Erica B. Powers
Senior Vice President, Treasurer & Chief Accounting Officer
Erica Powers joined Capital Automotive in 2000. She manages all of the accounting and financial reporting for the company and assists in the Finance function. She initially served as Assistant Controller and then Controller of the Company. Prior to joining Capital Automotive, Ms. Powers served for three years as Controller of Fortress Mortgage, a start-up mortgage company owned by The Fortress Group, a roll-up of home builders. Prior to Fortress Mortgage, she was a Senior Accountant and Consultant within the Mortgage and Structured Finance Group of KPMG.
Ms. Powers graduated with a B.A. from Tufts University and an M.S. in Accounting from The American University.
Erica Powers may be contacted via e-mail at: email@example.com
Christopher J. Sokira
Senior Vice President & Director of Portfolio Management
Christopher J. Sokira joined Capital Automotive in June 1998 as a Staff Accountant. As our Senior Vice President and Director of Portfolio Management, he is responsible for overseeing day-to-day management of our real estate assets as well as the underwriting of new real estate investments. Prior to joining Capital Automotive, Mr. Sokira worked as a Staff Accountant at U.S. Home Corporation.
Mr. Sokira graduated from the State University of New York at Fredonia with a B.S. in Industrial Management and received his M.S. in Accounting from Binghamton University’s School of Management.
Christopher Sokira may be contacted via e-mail at: firstname.lastname@example.org
Vice President of Finance
Roger Stattel is the company’s Vice President of Finance who handles the financing effort for Capital Automotive. Prior to joining the company in 2016, he was the Director of Finance at DRA Advisors LLC, an investment advisor specializing in real estate investment and management. During his 11 years at DRA, Mr. Stattel handled property level financing for the company’s real estate investments as well as corporate level debt and preferred equity facilities associated with two public to private LBO’s. Before DRA, he was with the real estate practice at Ernst & Young.
Mr. Stattel graduated from New York University’s Stern School of Business with a MBA in Finance and Economics. He received his undergraduate degree from the University of Maryland in Accounting and Finance and is a CPA.
Roger Stattel may be contacted via e-mail at: email@example.com