Centric Parts and AP Exhaust Technologies announced a joint board agreement between the two companies. Under the agreement, AP’s Executive Chairman Vange Proimos will join the Centric Parts Board of Directors, and Centric President and CEO Dan Lelchuk will join the board of AP.
Proimos and Lelchuk have vast experience in the aftermarket hard parts industry and believe the joint board appointments will bolster the position of both companies in the marketplace and promote opportunities to collaborate to better serve customers.
“Vange brings a wealth of knowledge to the Centric Board,” said Lelchuk. “His vast experience in the automotive aftermarket will benefit our board and company in many ways while promoting joint go-to-market opportunities between our two companies. This will strengthen both of our businesses and provide benefits to all of our customers.”
“Adding Dan to the AP Board is another step toward improving the organizational capability of the AP Exhaust team given his relationships and knowledge of the industry,” said Proimos. “As we share best practices and experiences from both companies, it will help elevate our capabilities to better service the aftermarket industry as we strive to be the best companies with which to do business.”
Since its founding in 2000, Centric Parts has become a leading manufacturer and supplier of brake and chassis components and systems for passenger vehicles, light- and medium-duty trucks, and high performance and racing vehicles under the Centric®, StopTech®, PosiQuiet® and C-Tek® labels among others.
Founded in 1927, AP Exhaust Technologies has become one of the leading manufacturers and suppliers of automotive, light truck and heavy-duty exhaust and emissions products under the AP®, ANSA®, Cherry Bomb®, TruckEx®, Xlerator® and Silverline® brands among others.
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