Caliber Collision Centers Promotes John Walcher to Vice President of Corporate Development and Governmental Affairs

    IRVINE, Calif.--June 17, 2003--Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California and Texas, announced the promotion of John Walcher to Vice President of Corporate Development and Governmental Affairs.
    Since Walcher joined Caliber in March of 2000, the company has grown from 31 to 68 centers, with annual revenues currently exceeding $220 million. According to Matthew Ohrnstein, chief executive officer, Walcher has been a key contributor to the strategic direction of the company.
    "John has managed numerous acquisitions and has been instrumental in the company's expansion into several new markets," said Ohrnstein. "These efforts have been essential to the continued growth and success of our business. John's experience in corporate development, his knowledge of the collision repair industry, and the relationships he has developed within the California legislative community, uniquely position him for this new leadership role."
    In March 2000, Walcher joined Caliber Collision Centers as Director of Corporate Development and was responsible for managing the valuations, due diligence investigations and negotiations related to the acquisition of collision repair centers in California and Texas. As a result of his versatility, strong analytical skills and effectiveness as an M&A professional, Walcher was promoted in 2001 to Senior Director, and in 2002, Walcher's responsibilities were expanded to include governmental relations.
    Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 68 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support.
    Note to Editors: Photo Available: e-mail request to shannon.lynard@calibercollision.com.