CCC International Names Peter Stott Chief Operating Officer
15 November 2000
CCC International Names Peter Stott Chief Operating Officer
CHICAGO--Nov. 15, 2000--CCC International, headquartered in Peterborough, United Kingdom; a subsidiary of CCC Information Services Inc., a wholly-owned subsidiary of CCC Information Services Group Inc. , announced today that Peter Stott has joined the company as Chief Operating Officer. This appointment reflects CCC International's focus on developing its senior leadership group."We are delighted to welcome Peter on board, " said Phil Carter, President, CCC International. "Peter's breadth of experience brings valuable expertise to our senior management team," Carter added.
Stott, 52, brings to CCC over 25 years of experience in the European automotive repair industry, having managed operations throughout Europe. He will be responsible for driving and establishing operations in multiple European countries. Scott joins CCC International from Akzo Nobel Coatings Ltd, where he was managing director. Stott, has worked closely with major insurers, motor manufacturers, and accident repairers.
"I am joining CCC at an incredible time," Stott said. "We are excited about focusing on the opportunities in the European market, which totals more than $125 billion in annual claims - much larger than the U.S. market," Stott added.
CCC Information Services Inc., headquartered in Chicago, IL, is the leading supplier of advanced software and communications systems to the automotive claims industry, including information and network services for a wide variety of claims management solutions. Its value-added, technology-based products and services increase efficiency and facilitate communication among more than 14,000 collision repair facilities, 350 insurance companies, and a range of business partners. For more information about CCC Information Services, visit our Web site at www.cccis.com, contact Jeanene O'Brien at CCC Information Services Inc., 312-229-3083, or contact Rich Ringer at HLB Communications, 312-649-0371.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor provisions of those sections and the Private Securities Litigation Reform Act of 1995. Any announcement of proposed business plans contains inherent risk and uncertainty, and there is no assurance of viability for reasons that could include, among others, adverse changes in general economic conditions, lack of acceptance of new products, pricing pressures, and lack of success of technological advances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in the company's filings with the SEC, and that actual results or developments may differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief, or expectation only as of the date hereof. The company has based these forward-looking statements on information currently available and disclaims any intention or obligation to update or revise any forward-looking statement.