Holiday RV Superstores Adds Management Depth, Names New COO and CFO
9 September 1999
Holiday RV Superstores Adds Management Depth, Names New COO and CFOORLANDO, Fla., Sept. 9 -- Holiday RV Superstores, Inc. today announced the appointments of Victor L. Hess as chief operating officer and Patrick R. McNair as chief financial officer. The Orlando, Florida-based chain of RV and marine dealerships said the appointments strengthen its leadership team resources as it moves to lead overall growth and consolidation in the $35 billion RV and marine retail business. "Holiday RV is poised to lead consolidation in the RV and marine industry, and we recognize the importance of management in executing this strategy," said Hardee McAlhaney, Holiday RV president and chief executive officer. "The addition of the auto and RV retail experience of Victor Hess, coupled with the financial and investment expertise of Patrick McNair, ensures Holiday RV has the bench strength for significant and sustainable growth in the leisure industry." Victor Hess joins Holiday RV Superstores from Guaranty Chevrolet Pontiac Oldsmobile and RV, where he was president of this $275 million multi-state dealer and one of the nation's largest RV retailers. Hess, 51, also served as chief financial officer for a multi-franchise auto dealership chain and as treasurer for the McCoy Group, a holding company of truck dealerships and trucking companies. Prior to that, Hess was vice president and controller for the national distribution company SYSCO Corp. Patrick McNair, CPA, joins Holiday RV from CNL Fund Advisors, where he served as vice president of finance and administration working on acquisitions, public offerings and investment structuring for this $1 billion real estate investment trust (REIT). McNair, 36, also held financial leadership roles at Sawtek, Inc., a publicly traded electronics manufacturer, and WLR Foods Inc., a publicly held national food manufacturer and distributor. The chief financial officer position at Holiday RV was vacated with the naming of Hardee McAlhaney to president and chief executive officer in June 1999. The move followed the acquisition of a majority stake in Holiday RV by investment firm Atlas Recreational Holdings, Inc. from the Company's founders. The chief operating officer role is a newly created position. Holiday RV Superstores ( http://www.holidayrv.com ) is the nation's only publicly traded chain of dealerships specializing in sales of recreational vehicles and boats. The Company sells, services and finances more than 50 RV and boat brands -- including Winnebago, Fleetwood, Airstream, Beaver, National RV, Bayliner, Sea Ray and Mariah -- from its chain of seven dealerships in California, Florida, New Mexico and South Carolina. The statements in this news release include certain predictions and projections that may be considered forward-looking statements under securities laws. These statements involve a number of risks and uncertainties that could cause results to differ materially including, but not limited to, the performance of the recreational vehicle or boat industries, certain customers or affiliated companies, as well as other economic, governmental and technological factors affecting the Company's operations, markets, products, services and prices.