Rocky Mountain Dealerships Inc. provided an update on its search for a new Chief Executive Officer. On August 5, 2014, it was announced that Mr. Matt Campbell had declared his intention to retire as CEO of Rocky effective December 31, 2014. It was also announced that Derek Stimson had announced his intention to retire as President of Rocky as at that date.

This final selection process will require significant deliberation by Rocky's entire Board of Directors. As stated earlier, continue to make good progress in this regard, and the company expects that a decision will be made in the first quarter of 2015. In the meantime, both Mr. Campbell and Mr. Stimson have agreed to remain on in their current roles until a new CEO has been named.