05.10.2005 20:50:00

Pep Boys Announces Management Appointments

The Pep Boys - Manny, Moe & Jack (NYSE:"PBY"), thenation's leading full-service automotive aftermarket chain, announcedthe following reallocation of responsibilities within its managementteam.

Larry Stevenson, Chairman and CEO, said, "In response to the weaksales performance of our Service Center operations (labor plusinstalled merchandise and tires), which has continued into thisquarter, we have chosen to dedicate two of our most experiencedexecutives to these important areas of our business."

Mark Page, previously Senior Vice President - Service Operations,was named Senior Vice President - Parts & Tires, and will report toHal Smith, Executive Vice President - Merchandising and Marketing.Mark assumes responsibility for inventory selection, purchasing andvendor relationships for these product categories. Tires and relatedsales represent approximately 40% of our Service Center sales. Partsrepresent approximately half of our Retail and Commercial sales.

Joe Cirelli was promoted to Senior Vice President - Service, andwill report to Mark Bacon, Senior Vice President - Operations. Joe'sprevious experience includes oversight of several different areas ofoperations including as Vice President - Operations Administration,Vice President - Customer Satisfaction and, most recently, as VicePresident - Development.

Mr. Stevenson continued, "Service Center operations represents ourgreatest priority to improve Pep Boys' overall performance. I amconfident that these skilled executives will bring a sharper focus tothese areas of the business."

About Pep Boys

Pep Boys has 593 stores and over 6,000 service bays in 36 statesand Puerto Rico. Along with its vehicle repair and maintenancecapabilities, the company also serves the commercial auto partsdelivery market and is one of the leading sellers of replacement tiresin the United States. Customers can find the nearest location bycalling 1-800-PEP-BOYS or by visiting pepboys.com.

JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.
Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Indizes in diesem Artikel

NASDAQ Comp. 19 161,63 -1,63%
S&P 600 SmallCap 935,46 -0,94%