America's Car-Mart Announces Election of New Board Member
December 11 2015 - 10:08AM
America's Car-Mart Inc. (Nasdaq:CRMT) today announced that its
Board of Directors elected Jim von Gremp as a new, independent
director on December 10, 2015.
Mr. von Gremp, age 66, is a real estate
investor, communication consultant, and former Wal-Mart executive.
While with Wal-Mart he served in various areas including
accounting, auditing, treasury, employee benefits,
training/development, and public/corporate affairs. He has
been a member of the Board of Trustees of the University of
Arkansas System since 2005, serving as Chairman in 2014 and has
been a Board Member of Arvest Bank-Benton County since 2004.
Mr. von Gremp was Chairman of the Arkansas Public Service
Commission from 1999-2000, and served as Executive Director of
Governmental Operations for the State of Arkansas, Governor's
Office under Governor Mike Huckabee from 1996-1997, and represented
Arkansas District 2 (Benton County) from 1993-1996 as a State
Representative. He received a BS-Business with a Dual Major in
Accounting and Finance from the University of Missouri in 1971 and
a MBA from the University of Arkansas in 1993. He is a
Certified Public Accountant-Retired.
"America's Car Mart is very fortunate to have
someone of Jim's caliber join our team," said William H. ("Hank")
Henderson, Chairman and Chief Executive Officer of America's Car
Mart. "Jim's past experience along with his desire to contribute to
our efforts will be a significant benefit to us as we move
forward."
About America's Car-Mart
America's Car-Mart operates 146 automotive
dealerships in eleven states and is one of the largest
publicly-held automotive retailers in the United States focused
exclusively on the "Buy Here/Pay Here" segment of the used car
market. The Company emphasizes superior customer service and the
building of strong personal relationships with its customers. 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.
CONTACT: William H. ("Hank") Henderson, CEO at (479) 464-9944 or Jeff Williams, CFO at (479) 418-8021
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