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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 Counterman
MEMA Aftermarket Suppliers announced it will host a virtual Advocacy Town Hall on January 30 @ 11 a.m. ET, where its Advocacy team will share the latest on policy and legislative efforts that impact the aftermarket, including Right to Repair, tariff developments and supply chain challenges.
link hidden, please login to view for the chance to stay informed and engage with MEMA’s advocacy work on the issues that matter most to our industry, the organization encouraged. The post
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By Counterman
NexaMotion Group (NMG) announced the opening of a new C&M Auto Parts location in the Chicago area. The new store, located at 780 W Belden Avenue, Unit G, in Addison, Illinois, offers customers a full line of general repair and transmission parts. NMG said the new location combines the trusted quality of C&M and Transtar products with unmatched customer support, delivering a comprehensive resource that empowers repair shops to serve the local market.
“This is just the start for NMG in 2025,” said Neil Sethi, CEO of
link hidden, please login to view. “Customers can expect to see additional new locations throughout the year, as well as expanded product lines and additional partnerships to serve them better. We’re continuing with our strategic vision to grow our markets and deliver unmatched value to our customers. The new location gives us a great opportunity to serve our customers in a key market.” C&M Auto Parts provides a complete range of automotive aftermarket parts, expertly catering to the diverse needs of repair shops in the local market. In collaboration with its affiliate
link hidden, please login to viewCompany, Transtar Aftermarket Solutions, this facility offers customers a customized product selection that simplifies complex vehicle repairs to keep the world moving, the company said.
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By OReilly Auto Parts
SPRINGFIELD, Mo., Jan. 02, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its fourth quarter and full-year 2024 results as Wednesday, February 5, 2025, with a conference call to follow on Thursday, February 6, 2025.
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