Aesop Auto Parts Welcomes Rob Wagman to its Board of Directors
2024年8月13日 - 1:02AM
ビジネスワイヤ(英語)
Aesop Auto Parts is excited to announce the appointment of Rob
Wagman to its Board of Directors. Mr. Wagman brings over 30 years
of extensive experience in the automotive industry, having held key
leadership roles and driving substantial growth at LKQ Corporation
and other automotive companies.
Mr. Wagman served as the President and CEO of LKQ Corporation
from 2012 to 2017, during which he transformed the company into a
global leader, growing its revenue from $4.1 billion to $9.7
billion. Under his leadership, LKQ’s stock price grew at a compound
annual growth rate (CAGR) of more than 20%, creating over $8
billion in shareholder value. Mr. Wagman joined LKQ at its
inception in 1998 and played a crucial role in its expansion,
holding various senior positions, including Senior Vice President
of Operations – Wholesale Parts Division, and Vice President of
Insurance Services and Aftermarket Operations. His career also
includes significant experience at Copart and Triplett Auto
Parts.
"We are delighted to welcome Rob Wagman to our Board of
Directors," said Tom Denton, CEO of Aesop Auto Parts. "His
extensive industry knowledge and track record of driving growth
will be invaluable as we deliver on our commitment to serving our
customers, expanding our footprint and enhancing our service
offerings."
Mr. Wagman currently serves on the boards of several leading
automotive aftermarket companies, offering his strategic insights
to support their growth and success. His wealth of experience and
strategic vision will greatly benefit Aesop Auto Parts as the
company continues its growth trajectory in the automotive parts
sector.
“I am thrilled to join the Board of Aesop Auto Parts and return
to my roots in auto recycling," said Rob Wagman. "I am impressed by
Aesop's remarkable achievements in such a short period and look
forward to collaborating with its talented team to drive
innovation, foster growth, and contribute to the company's
continued success."
Aesop Auto Parts (www.aesopauto.com) is a leading distributor of
high-quality automotive parts and accessories founded in 2021 by
affiliates of private equity firms Outerbound Capital and American
Pacific Group to consolidate recycled auto parts providers. With a
strong commitment to delivering exceptional service and products,
Aesop Auto Parts maintains a comprehensive inventory of recycled
and new parts at its 19 facilities and through a partner network of
over 100 independent facilities.
"Rob's appointment to the Board of Aesop Auto Parts is a
testament to our commitment to bringing in top-tier talent to
support our portfolio companies," said Fraser Preston, Managing
Partner at American Pacific Group. "We are confident that his
expertise will help Aesop Auto Parts reach new heights."
About American Pacific Group
American Pacific Group (www.americanpacificgroup.com) is a San
Francisco Bay Area-based private equity firm with $1.2 billion of
capital under management. Together with management teams, American
Pacific Group seeks to drive sustainable growth in its portfolio
companies by leveraging in-house operating partners and the Q
Process, a proprietary and tested approach to value creation.
About Outerbound Capital Partners
Outerbound Capital Partners (www.outerbound.capital) is an
independent sponsor firm that focuses on growth-oriented
investments. The firm partners with companies across diverse
sectors, providing capital, strategic guidance, and operational
support to scale businesses and unlock their full potential.
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