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O’Reilly Automotive, Inc. Announces Dates for Its First Quarter 2024 Earnings Release and Conference Call
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By Counterman
link hidden, please login to view announced that Jeff Koviak will assume the role of CEO effective January 1, 2025, replacing retiring CEO Larry Pavey.
link hidden, please login to view is a joint partnership between the Federated Alliance and The Pronto Network, and is made up of 300 member companies with over 5,000 locations and 80,000 employees primarily in North America. In his new role, Koviak will be dedicated to driving strategic initiatives for The Group membership that “will maximize future revenue growth while simultaneously streamlining internal systems and resources to reduce redundancy throughout the organizations,” according to a news release announcing his appointment.
“We feel Jeff is the ideal candidate to move The Group toward the original goal of strategically unifying the traditional aftermarket partners while still respecting the unique strengths that each of the individual groups offer in their marketplace,” said Sue Godschalk, president of Federated Auto Parts.
“Jeff comes to us with an exceptional background,” added Robert Roos, president and CEO of The Pronto Network. “During his 30-year career at Tenneco/DRiV, he built strong, long-term, trusting relationships with all of our members, and we are excited to have him join forces with our teams.”
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By AutoZone
MEMPHIS, Tenn. , Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024 , an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included
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By Counterman
link hidden, please login to view announced its upcoming Automotive Summit, which will bring together automotive industry leaders and experts for a one-day event featuring insightful discussions and networking opportunities on Oct. 3 in Midland, Michigan. Organized by the Center for Automotive & Mobility Studies (CAMS) at Northwood University, the
link hidden, please login to view will cover a range of key topics facing the automotive industry today, including retail trends, dealer relations, F&I, compliance and regulations, and the state of the automotive aftermarket sector. “The CAMS industry Summit is a unique opportunity for industry professionals and future leaders to come together and explore the dynamics shaping the automotive landscape,” said Dr. Matthew Bennett, vice president of strategic alliances and CAMS. “Northwood University is committed to fostering meaningful dialogue that drives innovation and growth in this critical sector.”
The CAMS Industry Summit will kick off at 8 a.m. Oct. 3 with networking and coffee, followed by a series of sessions featuring prominent industry figures, Northwood University said, including:
-Shannon Robertson, executive vice president, Association of Finance & Insurance Professionals (AFIP)
-Jeff Beals, senior vice president, professional services, CDK Global
-Brian Benstock, general manager and vice president, Paragon Honda & Acura
-Mike Cavanaugh, regional vice president, Lithia and Driveway
-Rebecca Chernek, vice president, strategic client relations, Agora Data
-Eric Flow, president of management services, Flow Automotive Companies
-Adam Genei, owner, Mobsteel/Detroit Steel Wheel Co.
-Don Hall, owner, Don Hall Automotive Group, and president/CEO of the Virginia Automobile Dealers Association (VADA)
–Grace Huang, president, inventory solutions, Cox Automotive
-Ted Hughes,
link hidden, please login to view (AWDA) executive director, and senior director of community engagement for the link hidden, please login to view
-Ted Ings, founder, Ted Ings’ Fixed Ops Roundtable
-David Jett, senior vice president, Stephens Inc.
-Tom Kline, founder, Better Vantage Point
-Bob Kron, president and chief operating officer for The Rydell Company, and
-Shawn Leibold, director of industry relations, Reynolds and Reynolds Summit attendees will gain insights from panel discussions on various subjects, including “Current Trends in Automotive Retail,” “F&I, Compliance & Regulations,” “Current Trends in Automotive Aftermarket,” and “Dealer Relationships & The Customer Experience.”
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