The Pep Boys – Manny, Moe & Jack, announced the appointment of Scott P. Sider as its new Chief Executive Officer. Sider was also appointed to the Board of Directors.
Sider, 54, most recently served as Hertz Corporation’s Group President, Rent A Car Americas, their largest division, a multi-billion dollar business with over 3,200 locations and 16,000 employees. Sider joined Hertz in 1983 and over the course of his tenure assumed many leadership positions of increasing responsibility including Area Manager Manhattan, Divisional Vice President Western Region and President, Off Airport Operations. He distinguished himself by focusing on customer and employee satisfaction, asset management and digital integration.
In connection with Sider’s appointment, John Sweetwood, who is currently serving as Interim Chief Executive Officer, will resume his position as an independent Board member.
Chairman of the Board Bob Hotz said, “We are extremely pleased that our comprehensive search has led us to Scott, a proven leader with automotive service and retail experience. The Board of Directors was unanimous in its selection of Scott and sincerely thanks John for his service as interim CEO.”
Sider said, “My experiences at Hertz, which have provided me with an appreciation of customer satisfaction through differentiation, a deep understanding of vehicle maintenance and the need for continual process improvement, combined with Pep Boys’ iconic brand makes this a very exciting opportunity for me. I look forward to leading all the Pep Boys associates as we accelerate our sales and profit improvement.”
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