Motorcar Parts of America, Inc. Announces Board Changes
February 21, 2017 at 08:00 am EST
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Motorcar Parts of America, Inc. announced it has enhanced its board of directors and corporate governance. Effective immediately, the board amended the company’s bylaws to provide for a maximum board size of ten directors and appointed Barbara L. Whittaker and Timothy D. Vargo to the board. Ms. Whittaker was previously the executive director of Global Purchasing at General Motors Corporation. Mr. Vargo was previously the president, chief operating officer and director of AutoZone. The board also appointed Scott Adelson as its lead independent director.
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts. Its automotive aftermarket parts include alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment. Its segments include the Hard Parts segment, which includes light duty rotating electric products, wheel hub products, and brake-related products; the Test Solutions and Diagnostic Equipment segment, which includes applications for combustion engine vehicles, test solutions and diagnostic equipment for the pre- and post-production of electric vehicles, and software emulation of power systems applications for the electrification of all forms of transportation; and the Heavy Duty segment, which includes non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications.
MOTORCAR PARTS OF AMERICA, INC. 
