Cragar Industries, Inc. Names Michael Burroughs As Executive Vice President, Marketing
9 July 1997
Cragar Industries, Inc. Names Michael Burroughs As Executive Vice President, MarketingPHOENIX, July 9 -- Cragar Industries, Inc., today named Michael G. Burroughs as Executive Vice President, Marketing, delivering on its promise to add strong marketing talent to the Cragar management team. Burroughs, a 20 year veteran of the automotive aftermarket is widely respected in the industry as an expert in the marketing of specialty aftermarket products for cars, light trucks, motorcycles and all forms of motorsports. "We believe that Mike Burroughs is one of the best in the business," said Cragar President and CEO Michael L. Hartzmark. "He has a unique blend of practical experience, technical savvy, and genuine enthusiasm for the industry. He will add marketing horsepower to the Cragar nameplate." Mr. Burroughs is the former president and CEO of Burroughs & Associates Inc., a marketing and advertising firm specializing in the automotive aftermarket. He has most recently served Relco Corporation, of Overland Park, KS as its Vice President. Mr. Burroughs is widely published in the automotive aftermarket on the subjects of marketing, market research, advertising and public relations. He is a frequent participant in industry seminars and roundtables and has served as a SEMA Board Director. A graduate of UCLA with an MBA from USC, Mr. Burroughs is married with three children and is currently relocating with his family to the Phoenix area. Cragar Industries, Inc. is a manufacturer of specialty wheels and wheel accessories for cars, light trucks and racing vehicles. The company is traded on the NASDAQ under the symbol CRGR. For additional information, contact Lynn A. Howe, Investor Relations, 602-247-1300. Internet address: http://www.prnewswire.com/cnoc (Search using CRGR). To obtain additional hardcopies, call PRNewswire Fax-On-Demand at 800-758-5804, ext. 122432. Forward-looking statements disclaimer In the content of this release, we may make forward-looking statements regarding future events or the future financial performance of the Company. Please refer to the Risk Factors in the Company's Registration Statement on Form SB-2 which identifies some important factors that could cause the actual results to differ materially from those contained in our forward looking statements. These factors include product availability, market conditions, and competitive factors as well as general economic conditions. SOURCE Cragar Industries, Inc.