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EDMONTON, AB, March 26, 2024 /PRNewswire/ — AutoCanada Inc. (“AutoCanada” or the “Company”) (TSX: ACQ), a multi-location group of North American auto dealerships, announced that Steve Carlisle and Christopher Harris have been nominated for election to its Board of Directors at the Company’s 2024 Annual Meeting of Stockholders to be held on May 2, 2024.
Steve Carlisle recently retired from his position as executive vice president and president of General Motors North America after more than four decades at General Motors. Prior to leading General Motors North America, Steve served as senior vice president and president of Cadillac and president and general manager. During his career at General Motors, Steve held senior leadership positions, including Vice President of Global Product Planning, Vice President of U. S. Sales Operations, and Vice President of Global Product Planning. Steve earned his MBA from the MIT Sloan School of Management and his Bachelor of Applied Science from the University of Waterloo.
Christopher Harris is currently a partner at Imperial Capital, a private equity firm founded in Toronto, Ontario, focused on investments in healthcare automobiles, corporate, and client services. Chris has significant experience in investments involving consolidations of fragmented sectors, such as targeted car washes and environmental consulting. Chris joined Imperial Capital in 2007 from KPMG in the M department.
“We are excited to welcome Steve and Chris to our board of directors. Steve brings vast and unparalleled OEM experience and strategic acumen, providing invaluable guidance at a time of industry transformation, while also bringing the attitude of our most important business partners to the boardroom. Chris’ experience in multi-site consolidation investments and his monetary prowess provide critical guidance in managing our expansion trajectory,” said Paul Antony, Executive Chairman.
Current trustees Paul Antony, Rhonda English, Stephen Green, Barry James and Elias Olmeta were nominated for re-election as trustees, while Dennis DesRosiers and Lee Matheson will retire. “We would like to thank Dennis and Lee for their years of committed service to AutoCanada. His guidance has been invaluable to the evolution and growth of the company,” said Paul Antony, Executive Chairman.
About AutoCanada
AutoCanada is a leading multi-site automotive dealer organization in North America that currently operates 84 franchised dealerships, comprised of 28 brands, in 8 provinces of Canada, as well as an organization in Illinois, USA. U. S. Currently, AutoCanada sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo brands. In addition, AutoCanada’s Canadian Operations segment most recently operates 3 used car dealerships and a used car auction business that supports the used vehicle virtual retail division, thirteen RightRide locations, and 11 autonomous collision centers within our 27-collision organization. centres. In 2023, the company generated more than $6 billion in profits, and our dealerships sold more than 100,000 cars at retail.
Additional information
Additional information about AutoCanada can be found on the company’s website at www. autocan. ca and www. sedarplus. ca.
SOURCE AutoCanada Inc.
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