DriveLogic, Inc. Names Peter Largen President and COO
12 January 2001
DriveLogic, Inc. Names Peter Largen President and COO
CHICAGO--Jan. 12, 2001--DriveLogic, Inc., a subsidiary of CCC Information Services Group Inc. , named Peter Largen as President and COO. Largen succeeds Pradip Patiath, who came from McKinsey & Company to start up DriveLogic. The company is currently operational and developing Internet-based solutions for the marketplace.Largen, 39, brings to DriveLogic over 16 years of product development and strategic planning experience serving the automotive claims marketplace. Most recently, Largen served as Vice President of Product Management at DriveLogic and was responsible for overall product line strategy, planning, and delivery. Prior to coming on board at DriveLogic, Largen was interim co-CEO of ChoiceParts, the auto parts network founded by CCC, the Dealer Services and Claims Solutions Groups of ADP, and The Reynolds and Reynolds Company, where he helped establish a management team and guide the establishment of the new company.
"Peter is one of the most experienced and successful leaders in our industry," said Githesh Ramamurthy, Chairman and CEO of CCC Information Services Inc. "His unique insight into the business, combined with his proven ability to create and manage new enterprises, strengthens DriveLogic's ability to deliver visionary solutions to the auto claims and collision repair markets," Ramamurthy added.
Previously, Largen served as Senior Vice President of Product Development at CCC Information Services Inc., and during his eight-year tenure, directed the successful development and delivery of networked-based applications and related information products to users in the insurance and collision repair markets. Prior to CCC, Largen served as Vice President of Operations at Hollander Inc., delivering technology solutions to the automotive recycling and insurance claims industries.
"I thoroughly enjoyed developing and executing the initial phases of DriveLogic's business plan," said Pradip Patiath. "Now that the company is running at full speed with a great management team, I am looking forward to repeating the same success at my next engagement. I am confident that Peter Largen is the right person to continue the DriveLogic momentum and make it a leader in this space."
DriveLogic is a subsidiary of CCC Information Services Group Inc. focused on providing Internet and wireless-enabled technology solutions to the auto claims and collision repair industries. DriveLogic has the unique market advantage of being able to leverage CCC's connectivity platforms, which already processes approximately 900,000 auto claims-related transactions per day. By developing market-driven technology solutions and capitalizing on the industry expertise, customer relationships and market leadership of CCC, DriveLogic aims to optimize efficiencies, bringing value to parties throughout the entire supply chain.
For more information about DriveLogic, contact Michael Roberts at DriveLogic, 312-228-8278, or contact Rich Ringer at HLB Communications, 312-649-0371, or visit the DriveLogic Web site at http://www.drivelogic.com
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. Investors are cautioned that any such forward-looking statement, including any statement regarding the intent, belief, plans, or current expectations of the companies or their management, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those forward-looking statements, and startup businesses are inherently uncertain. 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.