U.S. Auto Parts Taps Financial Industry Veteran Barry Emerson as CFO
Will Help Guide Revenue Growth and Overall Efficiency
CARSON, Calif., July 5 -- Sol Khazani, founder of U.S. Auto Parts, the nation's leading Internet direct marketer of automotive aftermarket collision replacement parts and accessories, announced today that the Company has hired Barry Emerson as the company's new Vice President, Treasurer and Chief Financial Officer. With more than 20 years of experience in finance management, Mr. Emerson will help U.S. Auto Parts manage its financial affairs along with supporting the our strategic planning, future business development and growth.
"I am very excited to be working with the US Auto Parts team and look forward to helping lay the ground work necessary for the Company to meet its future growth plans," Emerson said. "I will work with the executive team to further develop the Company's long-term strategic plan, focusing on profitable growth, enhancement of the internal control environment, and establishing a sound financial infrastructure."
"The management at U.S. Auto Parts is very confident in Barry's financial direction," stated Khazani. "He will be a great asset to the team and we are happy to have him on board."
From 1999 to his current role at U.S. Auto Parts, Mr. Emerson was the CFO of Elite Information Group, a fast growing $100 million software developer. Elite's annual revenue growth averaged nearly 20% during his tenure. Prior to Elite he was Vice President and Corporate Controller at Wyle Electronics for 15 years. Wyle was a $1.7 billion public electronics distribution company with international operations.
Mr. Emerson has substantial experience in managing the financial and administrative activities of a business including areas of investor relations, Board of Director interface and governance, financial reporting, acquisitions, relationships with lending institutions, the financial markets and shareholders. Much of his focus has been on measuring the effectiveness of key aspects of business operations and interfacing with department heads to improve overall operational results.
Emerson is a Certified Public Accountant with an MBA in Finance from UCLA. He earned his Bachelors degree in Accounting from California State University, Long Beach. His public accounting experience was gained while working for Arthur Andersen LLP.
U.S. Auto Parts supplies a comprehensive product offering of body parts and accessories at competitive prices. They market to consumers through the Internet, by phone and through automotive aftermarket retail outlets. Recognized as one of the most established auto parts wholesalers online, U.S. Auto Parts offers major product categories including bumpers, doors, fenders, hoods, lights, radiators and A/C condensers, wheels and suspensions. They provide superior quality wholesale parts to do-it-yourself consumers who repair and customize their automobiles and light trucks, as well as to collision repair shops and installation outlets.