America's Car-Mart Announces Chief Financial Officer
BENTONVILLE, Ark., Sept. 20 -- America's Car-Mart, Inc. today announces the appointment of Jeffrey A. Williams as its Chief Financial Officer effective October 1, 2005. Mr. Williams is succeeding Mark D. Slusser, the Company's Chief Financial Officer, who is retiring effective September 30, 2005.
Mr. Williams earned a Bachelor's degree with a major in accounting from the University of Arkansas. He began his career in public accounting with Arthur Andersen LLP's Tulsa, Oklahoma office in 1985, and later was a manager with Coopers & Lybrand LLP (now PricewaterhouseCoopers LLP) in Dallas, Texas. Mr. Williams' most recent position was Chief Financial Officer of Budgetext Corporation located in Fayetteville, Arkansas. He is a certified public accountant and a member of the American Institute of Certified Public Accountants.
"Jeff is a very accomplished financial professional," stated T. J. ("Skip") Falgout, III, Chairman and Chief Executive Officer of America's Car Mart, Inc. "He has great public accounting experience and expertise, and he has proven in his previous position to be a strong financial leader, as well as a valued member of senior management. We are excited to have him, and we look forward to his contribution to Car Mart's continued growth and prosperity."
About America's Car-Mart
America's Car-Mart operates 80 automotive dealerships in eight states and is the largest publicly held automotive retailer in the United States focused exclusively on the "Buy Here/Pay Here" segment of the used car market. The Company operates its dealerships primarily in small cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers. For more information on America's Car-Mart, please visit our website at http://www.car-mart.com/ .