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LKQ Corporation Announces Results for Fourth Quarter and Full Year 2021
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By Counterman
Valvoline announced that its Restore & Protect motor oil has been named 2025
link hidden, please login to view winner in the car care category. The company said the product was selected for this honor through a national study of 40,000 American shoppers, as surveyed by Kantar, a consumer research firm. As the largest consumer-voted awards program recognizing product innovation, the Product of the Year award is recognition of the benefits Restore & Protect offers to consumers, link hidden, please login to view said. Launched in January 2024, Valvoline said
link hidden, please login to view is the first motor oil designed to effectively restore a car’s engine to perform like new. The company said its product continues to challenge traditional views of the role motor oil plays in engine care and is setting a new benchmark for performance in the industry. “As we constantly strive to deliver exceptional products to our customers, we are honored to be chosen by consumers as a 2025 Product of the Year award winner,” said Greg Barntsen, Valvoline Global operations general manager – Americas. “Restore & Protect is not only on the forefront of value-added innovation in our industry, it’s a reflection of Valvoline Global’s commitment to inventing the way forward with innovative solutions to global automotive challenges.”
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By Counterman
Parts Authority announced a leadership transition that will see its current CEO and co-founder, Randy Buller, moving into the role of Chairman of the Board, and the welcoming of Clark Hale as the company’s new CEO, effective March 3, 2025.
Buller, along with his co-founders, Yaron Rosenthal, David Wotman and Steve Yanofsky, helped transform a once New York-based family business with less than 10 locations into a leading nationally-recognized automotive warehouse distributor with nearly 300 locations in 23 states and Washington, D.C., the company said.
Using his financial background, entrepreneurial mindset and automotive industry expertise, Buller helped build the business by offering an unparalleled depth and breadth of brand name inventory to customers, focusing on customer service, investing heavily in technology, and valuing team member satisfaction and professional growth,
link hidden, please login to view explained. “Over the span of 40 years, Randy drafted and executed the Parts Authority roadmap for rapid growth through both organic growth and M&A. As he transitions to the role of Chairman, Randy will continue to be fully available in providing support to Parts Authority, just as he has since 1980,” the company added.
“I know this feels like a big change, but I am very positive and confident in the future of Parts Authority. I look forward to continuing to do what I love, with people I love, while taking a small step back in the day-to-day. I’m thrilled to be handing the reins to Clark and I am looking forward to working with him to drive Parts Authority’s future success,” said Buller. [A letter from Randy Buller is provided
link hidden, please login to view.] Parts Authority said Hale brings a wealth of experience and a proven track record to the company. He has been affiliated with Kohlberg & Company since 2019, and has also been serving as a member of the Parts Authority board of directors.
“I want to thank Randy and his co-founders for entrusting me with leading the future of Parts Authority. It is an honor to be following in their footsteps in continuing on the legacy and culture of such a great organization,” said Hale. “I am very excited to take on this important next step in Parts Authority’s growth and evolution. I am confident that with our team, we can continue to demonstrate and execute on our commitments to our customers and vendor partners as the leader in the industry.”
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By OReilly Auto Parts
SPRINGFIELD, Mo., Feb. 05, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue for its fourth quarter and full-year ended December 31, 2024. The results represent 32 consecutive years of comparable store sales growth and record revenue and operating income for O’Reilly since becoming a public company in April of 1993.
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