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Motorcar Parts of America Inc (MPAA.OQ)

MPAA.OQ on NASDAQ Stock Exchange Global Select Market

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20 Nov 2017
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Summary

Name Age Since Current Position

Selwyn Joffe

59 2003 Chairman of the Board, President, Chief Executive Officer

David Lee

47 2008 Chief Financial Officer

Steven Kratz

62 2017 Chief Operating Officer, Vice President - New Technologies

Bryan Cain

50 2017 Senior Vice President - Under-the-hood Product Lines

Douglas Schooner

47 2017 Senior Vice President - Under-the-car Product Lines, Chief Manufacturing Officer

Kevin Daly

57 2008 Chief Accounting Officer

Michael Umansky

75 2005 Vice President, General Counsel, Secretary

Scott Adelson

56 2017 Lead Independent Director

Timothy Vargo

65 2017 Director

Barbara Whittaker

2017 Director

Rudolph Borneo

75 2004 Independent Director

David Bryan

64 2016 Independent Director

Joseph Ferguson

2016 Independent Director

Philip Gay

59 2004 Independent Director

Duane Miller

69 2008 Independent Director

Jeffrey Mirvis

53 2009 Independent Director

Gary Maier

IR Contact Officer

Biographies

Name Description

Selwyn Joffe

Mr. Selwyn Joffe, CPA, is Chairman of the Board, President, Chief Executive Officer of Motorcar Parts of America Inc., since February 2003. He has been a director of our Company since 1994 and Chairman since November 1999. From 1995 until his election to his present positions, he served as a consultant to us. Prior to February 2003, Mr. Joffe was Chairman and Chief Executive Officer of Protea Group, Inc. a company specializing in consulting and acquisition services. From September 2000 to December 2001, Mr. Joffe served as President and Chief Executive Officer of Netlock Technologies, a company that specializes in securing network communications. In 1997, Mr. Joffe co-founded Palace Entertainment, Inc., a roll-up of amusement parks and served as its President and Chief Operating Officer until August 2000. Prior to the founding of Palace Entertainment, Inc., Mr. Joffe was the President and Chief Executive Officer of Wolfgang Puck Food Company from 1989 to 1996. He currently serves on the board of directors of the Motor and Equipment Remanufacturers Association, an industry trade association. In addition, Mr. Joffe serves on the board of directors of the California, Arizona and Nevada Automotive Wholesaler's Association (CAWA), also an industry trade association. Mr. Joffe is a graduate of Emory University with degrees in both Business and Law and is an inactive member of the bar of the State of Georgia as well as a Certified Public Accountant. As our most senior executive, Mr. Joffe provides the Board of Directors with insight into our business operations, management and strategic opportunities. His history with our Company and industry experience has led the Board of Directors to conclude that he should serve as a director of our Company.

David Lee

Mr. David Ashley Lee, CPA, is Chief Financial Officer of Motorcar Parts of America, Inc., since February 2008. Prior to this, Mr. Lee served as a Vice President of Finance and Strategic Planning since January 2006, focusing primarily on financial management and strategic planning. Mr. Lee joined in February 2005 as a Director of Finance and Strategic Planning. His primary responsibilities as Chief Financial Officer are treasury, budgeting and financial management. From August 2002 until he joined in 2005, he served as corporate controller of Palace Entertainment, Inc., an amusement and water park organization. Prior to this, Mr. Lee held various corporate controller and finance positions for several domestic companies and served in the audit department of Deloitte LLP (formerly known as Deloitte & Touche LLP). Mr. Lee is a Certified Public Accountant. Mr. Lee earned his Bachelor of Arts degree in economics from the University of California, San Diego, and a Masters in Business Administration degree from the University of California Los Angeles Anderson School of Management.

Steven Kratz

Mr. Steven L. Kratz is Chief Operating Officer, Vice President - New Technologies of Motorcar Parts of America, Inc. Prior to this, Mr. Kratz served as Vice President-QA/Engineering since 2001. Mr. Kratz joined our Company in April 1988. Before joining, Mr. Kratz was the General Manager of GKN Products Company, a division of Beck/Arnley-Worldparts. In addition to serving as Chief Operating Officer, Mr. Kratz heads quality assurance, research and development, engineering and information technology departments.

Bryan Cain

Mr. Bryan Cain has been appointed as Senior Vice President - Under-the-hood Product Lines of the Company. Mr. Cain has been our Senior Vice President of Supply Chain since June 2014 and served as our Vice President, Research and Development from September 2007 to June 2014. He joined the company in February of 2005. Mr. Cain was previously employed by Orange County Alternator for 17 years, most recently as its Senior Vice President, Operations.

Douglas Schooner

Mr. Douglas (Doug) Earl Schooner has been appointed as Senior Vice President - Under-the-car Product Lines, Chief Manufacturing Officer of Motorcar Parts of America, Inc. He most recently served as the Company’s Chief Manufacturing Officer, will continue as Chief Manufacturing Officer while also serving as Senior Vice President for the Under-the-car Product Lines. Doug Schooner has been our Chief Manufacturing Officer since June 2014 and served as our Vice President, Manufacturing from January 2001 to June 2014. He joined the Company in June 1993. Mr. Schooner earned his Bachelor of Science degree in Mechanical Engineering from California State University, Long Beach.

Kevin Daly

Mr. Kevin Daly,CPA, is Chief Accounting Officer of Motorcar Parts of America, Inc., since February 2008. Prior to this, Mr. Daly served as our Vice President, Controller since he joined us in January 2006. From May 2000 until he joined our Company, Mr. Daly served as Corporate Controller for Leiner Health Products Inc., a private label manufacturer of vitamins and over-the-counter pharmaceutical products based in Carson, California. From November 1994 until May 2000, Mr. Daly held various director level finance positions at Dexter Corporation. From November 1988 until October 1994, he held various positions in the finance and controller’s departments of FMC Corporation, based in Chicago, Illinois. From June 1985 to November 1988, Mr. Daly served as Controller of Bio-logic Systems Corp. Mr. Daly is a Certified Public Accountant and worked in the firm of Laventhol & Horwath from 1981 to 1985. Mr. Daly has a Bachelor of Science degree in Accounting from the University of Illinois and a Master of Business Administration degree from the University of Chicago, Booth Graduate School of Business.

Michael Umansky

Mr. Michael Umansky is Vice President, General Counsel and Secretary of Motorcar Parts of America, Inc. He is responsible for all legal matters. His responsibilities also include the oversight of Human Resources. His additional appointment as Secretary became effective September 1, 2005. Mr. Umansky was a partner of Stroock & Stroock & Lavan LLP, and the founding and managing partner of its Los Angeles office from 1975 until 1997 and was Of Counsel to that firm from 1998 to July 2001. Immediately prior to joining the Company, Mr. Umansky was in the private practice of law, and during 2002 and 2003, he provided legal services. From February 2000 until March 2001, Mr. Umansky was a Vice President, Administration and Legal, of Hiho Technologies, Inc., a venture capital financed producer of workforce management software. Mr. Umansky is admitted to practice law in California and New York and is a graduate of The Wharton School of the University of Pennsylvania and Harvard Law School.

Scott Adelson

Mr. Scott J. Adelson is Lead Independent Director of Motorcar Parts of America, Inc., since April 11, 2008. Mr. Adelson is a Co-President and Global Co-Head of Corporate Finance for Houlihan Lokey, a leading international investment bank. During his 26 plus years with the firm, Mr. Adelson has helped advise hundreds of companies on a diverse and in-depth variety of corporate finance issues, including mergers and acquisitions. Mr. Adelson has written extensively on a number of corporate finance and securities valuation subjects. He is an active member of Board of Directors of various privately-held middle-market businesses as well as several recognized non-profit organizations, such as the USC Entrepreneur Program. Mr. Adelson holds a bachelor degree from the University of Southern California and a Master of Business Administration degree from the University of Chicago, Graduate School of Business. Mr. Adelson’s broad business skills and experience, leadership expertise, knowledge of complex global business and financial matters led the Board of Directors to recommend to the shareholders in the Proxy Statement that they vote for Mr. Adelson as a director of the Company at the Annual Meeting and the shareholders elected Mr. Adelson to serve as a director at the Annual Meeting.

Timothy Vargo

Mr. Timothy D. Vargo is Director of the Company. Mr. Vargo serves as a chief executive officer and president of Kele, Inc., a company that supplies building automation equipment. Prior to joining Kele, he held a variety of senior executive and board positions at AutoZone, TruckPro and Auto Teile- Unger. Mr. Vargo served as the president, chief executive officer and chief restructuring officer of TruckPro from 2008 to 2010 and a board member of TruckPro's board from 2004 to 2010. He was a board member of KKR-owned Auto Teile-Unger from 2003 to 2008. He served as president of AutoZone, Inc. from March 1997 to May 2001, served as its chief operating officer from December 1996 to May 2000 and served on its board of directors from 1997 to 2001. Mr. Vargo is a director of Kele Holdco Inc.

Barbara Whittaker

Ms. Barbara L. Whittaker is Director of the Company. Ms. Whittaker was previously an executive director of Global Purchasing at General Motors Corporation, responsible for more than $24 billion of purchasing -- including expertise in supply chain management. Mr. Vargo was previously the president, chief operating officer and director of AutoZone -- one of the largest customers of Motorcar Parts of America.

Rudolph Borneo

Mr. Rudolph J. Borneo is an Independent Director of Motorcar Parts of America, Inc. Mr. Borneo retired from R.H. Macy’s, Inc. on March 31, 2009. At the time of his retirement, his position was Vice Chairman and Director of Stores of Macy’s West, a division of R.H. Macy’s, Inc. Mr. Borneo served as President of Macy’s California from 1989 to 1992 and President of R.H. Macy’s West from 1992 until his appointment as a Vice Chairman and Director of Stores in February 1995. In addition, Mr. Borneo is currently Board Chairman of Smoke Eaters Hot Wings Inc., a privately-held company. He earned a Bachelor of Science degree in business administration from Monmouth University. Mr. Borneo’s extensive experience in management of employees, organizational management, general business and retail knowledge and financial literacy led the Board of Directors to recommend to the shareholders in the Proxy Statement that they vote in favor of Mr. Borneo as a director of the Company at the Annual Meeting and the shareholders elected Mr. Borneo to serve as a director at the Annual Meeting.

David Bryan

Dr. David Bryan is an Independent Director of the Company. Dr. Bryan currently teaches at University of California at Santa Cruz. He also provides consulting expertise to multiple Santa Cruz independent and charter schools, and is involved with companies developing effective tools for online education. Dr. Bryan was founding Head of New Roads School from 1995 – 2013. Dr. Bryan received a B.A. from the State University of New York at Stony Brook, an M.S. from the University of California at Los Angeles and a J.D. and Ph.D. from the State University of New York at Buffalo.

Joseph Ferguson

Mr. Joseph Ferguson is Independent Director of the Company. Mr. Ferguson is a Co-Founder and Managing Partner at Vicente Capital Partners, a Los Angeles-based investment firm providing capital to privately held growth companies across North America. Prior to co-founding Vicente in 2009, Mr. Ferguson was a partner at Kline Hawkes & Company, which he joined at the firm’s inception in 1995. He began his career as an investment banker for Merrill Lynch & Co where he was a member of the Energy and Natural Resources Group and the General Corporate Finance Group. From 1989 to 1994, he worked on over 30 public and private transactions for numerous emerging growth and middle market companies. Mr. Ferguson received a B.B.A in Finance from Southern Methodist University and an M.B.A from the UCLA Anderson School of Management.

Philip Gay

Mr. Philip Gay,CPA, is an Independent Director of Motorcar Parts of America, Inc., since November 30, 2004. Mr. Gay currently serves as Managing Director of Triple Enterprises, a business advisory service firm that assists mid-cap sized companies with financing, mergers and acquisitions and strategic financing, which he had previously managed from March 2000 until June 2004. From June 2004 until June 2010, Mr. Gay served as President, Chief Executive Officer and a Director of Grill Concepts, Inc., a company that operates a chain of upscale casual restaurants throughout the United States. From March 2000 to November 2001, Mr. Gay served as an independent consultant with El Paso Energy from time to time and assisted El Paso Energy with its efforts to reduce overall operating and manufacturing overhead costs. Previously he has served as a chief financial officer for California Pizza Kitchen (1987 to 1994) and Wolfgang Puck Food Company (1994 to 1996), and he has held various Chief Operating Officer and Chief Executive Officer positions at Color Me Mine and Diversified Food Group from 1996 to 2000. Mr. Gay is also a retired Certified Public Accountant, a former audit manager at Laventhol and Horwath and a graduate of the London School of Economics. Mr. Gay's leadership experience, general business knowledge, financial literacy and expertise, accounting skills and competency and overall financial acumen led the Board of Directors to recommend to the shareholders in the Proxy Statement that they vote for Mr. Gay as a director of the Company at the Annual Meeting and the shareholders elected Mr. Gay to serve as a director at the Annual Meeting.

Duane Miller

Mr. Duane Franklin Miller is an Independent Director of Motorcar Parts of America, Inc., since June 5, 2008. Mr. Miller is currently employed by the Genesee County Regional Chamber of Commerce as Executive Vice President. Prior to joining the Genesee County Regional Chamber of Commerce, he was employed by the City of Flint, Michigan, as the Director of Government Operations, from February 2009 to August 2009. Mr. Miller retired from General Motors Corporation in April 2008 after 37 years of service. At the time of his retirement, Mr. Miller served as executive director, GM Service and Parts Operations (“SPO”) Field Operations where he was responsible for all SPO field activities, running GM Parts (OE), AC Delco (after-market) and GM Accessories business channels, as well as SPO’s Global Independent Aftermarket. Mr. Miller served on the Board of Directors of OEConnection, an automotive ecommerce organization focused on applying technology to provide supply chain solutions and analysis. He currently serves on the Boards of Directors of McLaren Regional Medical Center in Flint, Michigan and Prima Civitas Foundation, headquartered in Lansing, Michigan. His experience also includes serving on the Boards of Directors of the Urban League of Flint, Michigan, the Boys and Girls Club of Flint, Michigan and the Flint/Genesee County Convention and Visitor’s Bureau. Mr. Miller earned a Bachelor of Science degree in marketing from Western Michigan University, and attended the Executive Development Program at the University of California Berkeley, Haas School of Business. Mr. Miller’s significant experience with the automotive parts industry, combined with his organizational, management and business understanding, led the Board of Directors to recommend to our shareholders in the Proxy Statement that they vote for Mr. Miller as director of the Company at the Annual Meeting and the shareholders elected Mr. Miller to serve as a director at the Annual Meeting.

Jeffrey Mirvis

Mr. Jeffrey P. Mirvis is an Independent Director of Motorcar Parts of America, Inc. Mr. Mirvis is currently the Chief Executive Officer of MGT Industries, Inc. (“MGT”), a privately-held apparel company based in Los Angeles. During his fifteen-year tenure as chief executive, he has gained valuable knowledge of manufacturing in Asia. Prior to joining MGT in 1990, Mr. Mirvis served as a commercial loan officer at Union Bank of California following his completion of the Union Bank of California’s Commercial Lending Program. He earned a Bachelor of Arts degree in economics from the University of California at Santa Barbara. He has been a board member of Wildwood School in Los Angeles and the Jewish Federation in Los Angeles. His international business experience, operational and production expertise, leadership experience and organizational management led the Board of Directors to recommend to the shareholders in the Proxy Statement that they vote for Mr. Mirvis as a director of the Company at the Annual Meeting and the shareholders elected Mr. Mirvis to serve as director at the Annual Meeting.

Gary Maier

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