FleetPride(TM) Inc. Announces Managerial Change
FleetPride(TM) Inc. Announces Managerial Change
FLEETPRIDE LOGO
FleetPride logo. (PRNewsFoto)[JL]
DEERFIELD, IL USA 04/28/2001
DEERFIELD, Ill., Aug. 13 FleetPride Inc., the nation's largest aftermarket distributor of heavy-duty truck parts, today announced that John J. Greisch has resigned from the positions of President, Chief Executive Officer and Director. Mr. Greisch's resignation will become effective at such time as the Company appoints his successor. An active search for his successor is currently underway, and Mr. Greisch will work with the Chairman of the Board and the Company's operating executives during this transition period. (Photo: http://www.newscom.com/cgi-bin/prnh/20010427/FLEETPRIDELOGO ) Mr. Greisch stated, "I am proud to have helped build FleetPride into the leading independent distributor in the heavy-duty aftermarket over the past three years. The Company is now positioned to take advantage of growth opportunities as the industry and overall economy recover." Fred Warren, Chairman of the Board of Directors, remarked, "Mr. Greisch has been instrumental in building FleetPride rapidly over three years, and we thank him for his efforts at the Company. We wish him well in his future endeavors." Mr. Warren added, "Aurora and Brentwood, the Company's principal shareholders, are now looking forward to the next stage of the Company's development and success under new leadership." FleetPride operates more than 160 locations in 33 states and carries a full line of nationally recognized brand name parts as well as an assortment of private brand parts. In addition, FleetPride offers in-house re-manufactured products such as brake shoes, transmissions, rear axles and driveline components. Truck and trailer repair services are also offered at a number of locations. Comments in this release contain forward-looking statements, which are based on management's good faith expectations and beliefs concerning future developments. Actual results may materially differ from these expectations as a result of many factors.
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