America's Car-Mart Announces Election of New Board Member
February 21 2007 - 11:58AM
PR Newswire (US)
BENTONVILLE, Ark., Feb. 21 /PRNewswire-FirstCall/ -- America's
Car-Mart, Inc. (NASDAQ:CRMT) today announced that its Board of
Directors elected Daniel Englander as a new, independent director
on February 19, 2007. Mr. Englander is the founder and currently
the Managing Partner of Ursula Investors, an investment partnership
founded in 2004. Prior to that, Mr. Englander served as a Managing
Director of Allen & Company. Mr. Englander has over 15 years of
Wall Street experience and is a graduate of Yale University. Mr.
Englander is currently on the Board of Directors of Copart, Inc.
"America's Car Mart is privileged to have someone of Dan's caliber
join our team," said T. J. ("Skip") Falgout, III, Chairman and
Chief Executive Officer of America's Car Mart. "Dan has a
considerable degree of high-level strategic and financial
experience, along with the professionalism, insight, and expertise
that will help Car-Mart address capital deployment and build value
for its shareholders." About America's Car-Mart America's Car-Mart
operates 91 automotive dealerships in nine states and is the
largest publicly-held automotive retailer in the United States
focused exclusively on the "Buy Here/Pay Here" segment of the used
car market. The Company operates its dealerships primarily in small
cities throughout the South-Central United States, selling quality
used vehicles and providing financing for substantially all of its
customers. DATASOURCE: America's Car-Mart, Inc. CONTACT: T.J.
'Skip' Falgout, III, CEO, +1-972-717-3423, or Jeffrey A. Williams,
CFO, +1-479-418-8021, both of America's Car-Mart, Inc. Web site:
http://www.car-mart.com/
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