CarParts Technologies Names Joseph Kalinoski Chief Financial Officer CARPARTS TECH JOSEPH KALINOSKI Joseph Kalinoski, CFO, CarParts Technologies, Inc. (PRNewsFoto)[AG] EL SEGUNDO, CA USA 12/05/2000
5 December 2000
CarParts Technologies Names Joseph Kalinoski Chief Financial Officer CARPARTS TECH JOSEPH KALINOSKI Joseph Kalinoski, CFO, CarParts Technologies, Inc. (PRNewsFoto)[AG] EL SEGUNDO, CA USA 12/05/2000EL SEGUNDO, Calif., Dec. 5 CarParts Technologies, a leader in providing end-to-end supply chain management solutions to the automotive aftermarket, today announced the appointment of Joseph Kalinoski as Chief Financial Officer. (Photo: http://www.newscom.com/cgi-bin/prnh/20001205/LATU047 ) Kalinoski joins CarParts Technologies after leading the Finance, Purchasing and Risk Management efforts at Budget Group, Inc. as Vice President/ General Manager, Shared Services and Chief Financial Officer of the Budget Car Sales Division based in Orlando, Fla. "Joe's vision, experience and management skills will be invaluable in helping drive CarParts Technologies' success as we continue to grow our business," said Alan Bennett, Chief Executive Officer. In his new position, Kalinoski will be responsible for overseeing all aspects of the CarParts Technologies' financial reporting, internal controls, financial planning and analysis, treasury management and investor relations. Kalinoski also held numerous senior management finance positions including Vice President of Finance/Strategy and Controller during his 11 years at Kraft(TM) General Foods Inc./Alliant Food Service Inc. While there, he was responsible for the integration of acquisitions, strategic planning, budgeting, financial analysis and managed a staff of five distribution center controllers. Kalinoski holds a Bachelor of Science in Business Administration/Management from Bloomsberg State College and a Masters in Business Administration from the University of Pittsburgh. About CarParts Technologies, Inc. Founded in 1997, CarParts Technologies is a leader in providing end-to-end supply chain management solutions to the automotive aftermarket. Some 200 wholesale distributors and hundreds of distribution centers in North America use CarParts Technologies solutions to move auto parts from suppliers to customers efficiently. The company today employs 225 and has offices in California, Texas and Arkansas. The company's flagship product, PartsXchange, is the preferred online parts sales and support system for warehouse distributors and installers. PartsXchange is the most widely endorsed supply chain solution on the market today. For more information on PartsXchange visit http://www.partsxchange.com. In April 1999, the company launched its online automotive superstore for consumers, http://www.CarParts.com, offering more than 1.5 million automotive products including replacement parts, performance products and accessories. CarParts.com is now ranked number one by consumers and all major net ratings services for sales, service and unique visitors. The company's remarkable growth has placed it among the top ten of ALL auto-related web sites worldwide and earned it "Best of the Web" awards for both consumer and commercial e-businesses by Forbes magazine. CarParts Technologies, headquartered in El Segundo, California, offers the aftermarket and driving public the convenience of online shopping to millions of automotive products from 600 major suppliers. CarParts Technologies has received venture capital funding from @Ventures, the affiliated venture capital arm of CMGI, Rho Management, Barnard & Co., Investor AB Group, Brand Equity Ventures, St. Paul Venture Capital and Ravenswood Capital Corp.