New J.D. Power CEO Sees Growth Before IPO Jay Leno Won't Touch

Habiger tapped to replace O’Neill at XIO Group-owned company
IPO is likely, depends on market in a year’s time, he says

Jay Leno looks at a 1904 Rambler Model H Rear Entrance Tonneau vehicle on display during the 2017 Pebble Beach Concours d'Elegance.
Photographer: David Paul Morris/Bloomberg

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By Jamie Butters

March 21, 2018 at 2:30 PM UTC

This article is for subscribers only.

Dave Habiger is a serial CEO who’s led companies through rapid growth and IPOs, two skills he’ll put to use as the new boss at J.D. Power -- not that his experience will persuade his friend Jay Leno to buy the stock, but more on that later.

Habiger, an adviser to Pritzker Group Venture Capital LLC and Silver Lake Management LLC, was named the new chief executive officer of J.D. Power on Wednesday. He’s taking an undisclosed stake in the closely held market research and data analytics firm and intends to take the minimum compensation, a fact that supports the idea he will take the XIO Group-owned company public rather quickly.