US Auto Parts Taps Icahn Automotive SVP David Morris as Chief Merchandising Officer
08 Januar 2020 - 8:00PM
Business Wire
Morris to Grow Supply Chain and Inform Strategy
for the Company’s Flagship CarParts.com and JCWhitney.com Sites
US Auto Parts Network, Inc. (NASDAQ: PRTS) (US Auto Parts), one
of the largest online providers of aftermarket automotive parts and
accessories, has named David Morris, formerly the SVP of
Merchandising and Inventory Control at Icahn Automotive LLC, as its
new Chief Merchandising Officer.
In this role, Morris will serve as a member of the company’s
executive team, leading global sourcing, merchandising and product
development for CarParts.com and JC Whitney. He will also help lead
its growth strategy and inform its approach to trade and supply
chain issues.
“David has spent his entire career creating opportunities and
ensuring quality in the automotive industry,” said US Auto Parts
CEO Lev Peker. “He has a tremendous track record with Icahn
Automotive, and we are excited for him to bring that same strong
approach to CarParts.com and JC Whitney.”
As SVP of Merchandising and Inventory Control for Icahn
Automotive, Morris managed and maintained over $1.3 billion in
global inventory and $3 billion in purchased assets across 47
distribution centers and more than 900 locations.
“US Auto Parts has a longstanding history and exceptional
leadership team, and I am honored to join it,” said Morris. “The
company is poised to seize opportunities across the industry and
become a true ‘first mover,’ and I am looking forward to helping
the company reach its ambitious goals.”
Morris has over 25 years of automotive supply chain experience.
Before joining Icahn Automotive, he served as the VP of Supply
Chain and Business Development for The Parts Authority. His
contributions and support were instrumental in the company’s $500
million revenue growth over the span of 5 years. From 2001-2009, he
led collision parts and supplies company Auto Body Panels as
President and CEO.
Morris is a former board member of the Collision Industry
Conference and the Certified Automotive Parts Association, and a
current Yang Mentor for the Auto Aftermarket Industry
Association.
About U.S. Auto Parts Network, Inc.
Established in 1995, U.S. Auto Parts is a leading online
provider of automotive aftermarket parts, including collision,
engine, and performance parts and accessories. Through the
Company's network of websites, U.S. Auto Parts provides consumers
with a broad selection of competitively priced products, all mapped
by a proprietary database with applications based on vehicle makes,
models and years. U.S. Auto Parts' flagship websites include
www.carparts.com, and www.jcwhitney.com, as well as the company's
corporate website at www.usautoparts.com. U.S. Auto Parts is
headquartered in Carson, California.
Legal Disclaimer
The information provided herein may include forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements include statements regarding our plans,
strategies, business prospects, growth opportunities, changes and
trends in our business and expansion into new markets. These
forward-looking statements are based on management's current
expectations, estimates, forecasts and projections about the
Company and are subject to risks and uncertainties that could cause
actual results and events to differ materially from those stated in
the forward-looking statements, including without limitation, the
following, our future operating and financial results, financial
expectations, expected growth and strategies, key operating metrics
and current business indicators, capital needs and deployment,
liquidity, product offerings, customers and suppliers and
competition, and other risks and uncertainties discussed under Item
1A - Risk Factors in our Annual Report on Form 10-K for the fiscal
year ended December 28, 2019, as updated by our subsequent periodic
reports. Forward-looking statements contained in this press release
are made only as of the date hereof, and we undertake no obligation
to update or revise the forward-looking statements, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20200108005773/en/
Sasha Trosman (424) 702-1455 ext. 258 press@usautoparts.com
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