EDMONTON, AB, Sept. 22, 2023 /CNW/ – AutoCanada Inc. (“AutoCanada” or the “Firm”) (TSX: ACQ), a multi-location North American car dealership group, introduced key promotions and additions to its management crew.
Jeff Thorpe, who joined the Firm as President, Canadian Operations in April 2022, can have duty for all operations in North America as President, North American Operations. Brian Feldman, who joined as Senior Vice President, Canadian Operations and Disruptive Applied sciences in April 2022, has been appointed as Chief Working Officer of the Firm.
“Jeff and Brian have confirmed themselves over the past 12 months and have been instrumental in driving our sturdy efficiency via their give attention to operational initiatives in Canada. We’re more than happy to supply Jeff with the elevated duty of oversight over our U.S. operations, along with Canadian operations, and to nominate Brian because the Chief Working Officer of the Firm,” stated Paul Antony, Govt Chairman of the Firm.
As well as, Drew Forret might be appointed as Chief Administrative and Transformation Officer and Michael Fera will be a part of as Vice President, Monetary Planning and Evaluation, every efficient within the fourth quarter of 2023. These new roles will help the Firm’s renewed give attention to fiscal self-discipline.
“We’re very excited to welcome Drew and Michael to the AutoCanada crew. Drew and Michael’s vital and confirmed expertise in driving high-performance enterprise cultures with scalable finest practices and monetary self-discipline might be invaluable for AutoCanada as we proceed on the following leg of our journey,” stated Mr. Antony.
Drew has over 20 years of expertise specializing in the management and scaling of growth-based organizations. He most not too long ago held the place of Chief Working Officer and Chief Monetary Officer of Voices, a platform that connects companies with skilled voice expertise. Previous to Voices, Drew was the Chief Working Officer and Chief Monetary Officer of CarProof, a supplier of auto historical past studies, and President of Activplant, an originator of producing intelligence software program. Michael has over a decade of expertise in monetary planning and evaluation. He joins us from Tim Hortons, Canada’s main quick-service restaurant chain, the place he served as Head of Finance for the Canadian enterprise. As well as, Michael held a number of operational roles spanning growth, franchising, non-traditional enterprise and actual property throughout his tenure with Tim Hortons.
About AutoCanada
AutoCanada is a number one North American multi-location car dealership group at the moment working 83 franchised dealerships, comprised of 28 manufacturers, in eight provinces in Canada in addition to a bunch in Illinois, USA. AutoCanada at the moment sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, Honda and Porsche branded automobiles. As well as, AutoCanada’s Canadian Operations phase at the moment operates 3 used automobile dealerships and 1 used automobile public sale enterprise supporting the Used Digital Retail Division, 12 RightRide division areas, and 11 stand-alone collision centres inside our group of 27 collision centres. In 2022, our dealerships bought roughly 100,000 automobiles and processed over 900,000 service and collision restore orders in our 1,367 service bays producing income in extra of $6 billion.
Extra details about AutoCanada is obtainable at www.sedarplus.ca and the Firm’s web site at www.autocan.ca.
Sure statements contained on this press launch are forward-looking statements and data (collectively “forward-looking statements”), inside the which means of the relevant Canadian securities laws. We hereby present cautionary statements figuring out vital components that would trigger our precise outcomes to vary materially from these projected in these forward-looking statements. Any statements that specific, or contain discussions as to, expectations, beliefs, plans, aims, assumptions or future occasions or efficiency (typically, however not at all times, via using phrases or phrases resembling “will seemingly consequence”, “are anticipated to”, “will proceed”, “is anticipated”, “projection”, “imaginative and prescient”, “objectives”, “goal”, “goal”, “schedules”, “outlook”, “anticipate”, “count on”, “estimate”, “may”, “ought to”, “plan”, “search”, “might”, “intend”, “seemingly”, “will”, “imagine”, “shall” and comparable expressions) usually are not historic details and are forward-looking and will contain estimates and assumptions and are topic to dangers, uncertainties and different components a few of that are past our management and tough to foretell.
Accordingly, these components may trigger precise outcomes or outcomes to vary materially from these expressed within the forward-looking statements. Subsequently, any such forward-looking statements are certified of their entirety by reference to the components mentioned all through this press launch.
The Firm’s Annual Info Type and different paperwork filed with securities regulatory authorities (accessible via the SEDAR web site at www.sedarplus.ca) describe the dangers, materials assumptions and different components that would affect precise outcomes and that are integrated herein by reference.
Additional, any forward-looking assertion speaks solely as of the date on which such assertion is made, and, besides as required by relevant regulation, we undertake no obligation to replace any forward-looking assertion to replicate occasions or circumstances after the date on which such assertion is made or to replicate the prevalence of unanticipated occasions. New components emerge on occasion, and it’s not doable for Administration to foretell all of such components and to evaluate upfront the impression of every such issue on our enterprise or the extent to which any issue, or mixture of things, might trigger precise outcomes to vary materially from these contained in any forward-looking assertion.
SOURCE AutoCanada Inc.
For additional info: about AutoCanada contact: Azim Lalani, Chief Monetary Officer, Telephone: 780-732-3157, E mail: