Jeffrey D. Palmer Joins Pep Boys

PHILADELPHIA--Nov. 6, 2001--The Pep Boys - Manny, Moe & Jack the nation's leading full service automotive aftermarket chain, announced the hiring of Jeffrey D. Palmer as Senior Vice President - Marketing & Advertising.

Mr. Palmer, 54, who earned a Bachelor's degree from Yale and an MBA in Marketing from the University of Chicago, has 29 years of advertising and marketing experience. More recently, he served as Vice President - Marketing & Advertising at Circuit City before assuming a similar position at Home Depot in 1998.

Pep Boys' Chief Executive Officer, Mitchell G. Leibovitz, made the following comment:

``We are thrilled to have Jeff join our management team. Like Home Depot, Pep Boys has the unique ability to satisfy the needs of do-it-yourself, do-it-for-me and commercial customers, so we're counting on Jeff to enhance our marketing efforts, maximize our competitive advantages and help to grow our business.