AUTOCANADA SIGNIFICANTLY EXPANDS EXECUTIVE LEADERSHIP TEAM

EDMONTON, AB, April 8, 2022 /CNW/ – AutoCanada Inc. (“AutoCanada” or the “Company”) (TSX: ACQ), a multi-location auto dealer group in North America, announced today that it has made the following appointments to further strengthen the Company executive team:

  • Jeffrey Thorpe – President, Canadian Operations
  • brian feldmann – Senior Vice President, Canadian Operations and Disruptive Technologies
  • Lee Witick – Senior Vice President, Operations and OEM Relations

Mr. Jeffrey Thorpe has been named President of Canadian Operations and will be responsible for overseeing AutoCanada’s strategies and day-to-day operations in Canada and driving the continued growth, synergies and efficiencies of the Company. Mr. Thorpe will report directly to paul antonyCEO of AutoCanada.

Jeff is a proven leader in the automotive retail industry with over 24 years of experience at AutoNation, the largest automotive retailer in North America. He most recently served as Market President at AutoNation and was responsible for operations in several US markets and provided direct leadership over auto dealership operations in Colorado, Minnesota, chicago, cleveland, Northern California Y The Angels. Throughout his career, Jeff has held positions of increasing authority and responsibility, including Business Development Manager, New Vehicle Sales Manager, New Car Director, General Sales Manager, General Manager and Market President. . Jeff has established himself as an effective leader who builds and mentors strong teams and individuals. During his long tenure with AutoNation, Jeff became well known in the industry for building several dozen general managers and senior leaders within the automotive ecosystem. Jeff and his family are moving from Denver, Colo. for Edmonton, Alberta where AutoCanada is headquartered.

Mr. Antony said, “We are excited to welcome Jeff as our President of Canadian Operations. His significant industry experience and experience operating a dealership platform at scale using centralized services through head office , which closely mirrors AutoCanada’s operating pace, will be an excellent addition.” to our executive team. Jeff has proven himself in building and scaling organizations through developing a strong culture of values ​​and wins. He is a forward-thinking leader with the vision and business acumen to lead AutoCanada’s Canadian operations, and I am extremely confident that Jeff will make great contributions in his role at the Company as we continue to build on our positive momentum and drive leading performance in the industry”.

Mr. brian feldmann has been appointed Senior Vice President of Canadian Operations and Disruptive Technologies and will report directly to Jeff. Brian has a unique and proven track record of success during his 20+ years in the automotive industry. During his tenure at AutoNation, Brian held various retail, strategic and operational leadership positions, most recently serving as National Market Brand President. Prior to this, Brian held various senior director roles at AutoNation with responsibility for national sales processes, new vehicle pricing and inventory, operations strategy, and sales systems. In addition, Brian spent extensive time in auto retail with various brands, holding almost every position from service consultant to general manager. His combination of retail, corporate and manufacturing experience allowed him to develop subject matter expertise and revolutionize sales, marketing, training and business development practices on a scale larger than can be found in the Canadian market.

Mr. Lee Witick has been appointed Senior Vice President of Operations and OEM Relations and will also report directly to Jeff. Lee has over 33 years of experience in the automotive industry and has spent the last 15 years with the Humberview Group in Toronto, Ont., where he most recently served as managing partner at Applewood Chevrolet Cadillac Buick GMC and Mississauga Kia. In addition to his role at dealerships, he assisted the Humberview Group with senior leadership development, customer experience, the group rewards referral program, and group marketing. Lee and the Applewood Chevrolet Cadillac Buick GMC team grew the dealership to become one of Canada high performance dealers. Before joining the Humberview Group, Lee was the founder and creator of Trade Tracker, which was one of the first online appraisal tools offered worldwide. Canada. Lee sold the Trade Tracker to Dealer Track (now Cox Automotive) where it is still sold today. Echoing Jeff and Brian’s strong focus on building a culture to drive growth, Lee has a reputation for building a strong culture within organizations and helping team members realize their potential.

“We are also very excited to welcome Brian and Lee along with Jeff to the AutoCanada team,” said Mr. Antony. “Jeff, Brian and Lee are highly experienced and proven automotive retail professionals. All three bring a deep understanding of mergers and acquisitions, running one-stop services across large dealership platforms and mentoring people to success. All of them have previously demonstrated excellent skills of leadership by leading high-performing teams focused on a strong culture, teamwork and collaboration that motivates people to get results.”

“We believe the US auto market is ahead of Canada for five years, and as such, we will leverage Jeff and Brian’s best practices to apply to our current playbook along with Canadian experience from our existing operations team, as well as Canadian perspectives from Lee to complement Jeff and Brian. This is the team that will be instrumental in leading AutoCanada on the next stage of our journey as we execute on our strategic growth initiatives.”

AutoCanada also announced that round english has been proposed for election to the Board of Directors at the next Annual General Meeting of shareholders of the Company scheduled for May 5, 2022.

Rhonda is currently Director of Marketing for CAA Club Group, an independent automobile club and owner of several insurance companies. Throughout her extensive career, she has successfully driven company growth and profitability through thought leadership and strategic direction in the automotive and insurance industries. She previously held executive positions with insurance companies and served on the Markham Stouffville Hospital Foundation Board, retiring as past President of the Foundation in 2019. Rhonda currently serves on the Markham Stouffville Hospital Board and chairs the Committee on Quality and Safety.

“We are very pleased to welcome Rhonda to our Board of Directors. Her extensive experience in the automotive industry will be of great value to AutoCanada,” said Mr. Antony.

About Auto Canada

AutoCanada is a leading multi-location automobile dealership group in North America that currently operates 78 franchised dealerships, comprised of 28 brands, in eight provinces of Canada as well as a group Illinois, United States. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, BuickCadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, lincoln, Honda, Acura and Porsche brand vehicles. In 2021, our dealers sold approximately 86,000 vehicles and processed more than 800,000 service and collision repair orders in our 1,303 service spaces, generating revenue in excess of $4 billion.

Additional information about AutoCanada Inc. is available at www.sedar.com and the Company’s website at www.autocan.ca.

SOURCE AutoCanada Inc.

For more information: Mike Borys, CFO, Phone: 780.509.2808, Email: [email protected]

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