Dorman Products, Inc. Announces Leadership Succession
January 10 2019 - 4:05PM
Dorman Products, Inc. (NASDAQ:DORM) today announced the completion
of the previously announced leadership succession plan.
Effective as of January 1, 2019, Kevin M. Olsen, previously the
Company’s President and Chief Operating Officer, has been appointed
the Company’s President and Chief Executive Officer succeeding
Mathias J. Barton who retired on December 31, 2018. Mr. Olsen
has also been appointed to the Company’s Board of Directors,
effective immediately. Mr. Olsen’s appointment expands the
Board to 8 directors, 5 of whom are independent directors.
Mr. Steven Berman, the Company's Executive
Chairman, said: "On behalf of the entire Board of Directors, I’d
like to thank Matt for his immense contributions to Dorman over his
19 year career with the Company and wish him well in his
retirement. He truly has been an incredible leader and
invaluable asset to the Company. We are also extremely
excited to welcome Kevin as the Company’s new CEO and member of the
Board of Directors. Kevin's leadership, experience, and
dedication to the Company will be a real asset to both the Company
and the Board."
About Dorman ProductsDorman
Products, Inc. is a leading supplier of Dealer “Exclusive”
replacement parts to the Automotive, Medium and Heavy Duty
Aftermarkets. Dorman products are marketed under the Dorman®, OE
Solutions™, HELP!®, AutoGrade™, First Stop™, Conduct‑Tite®,
TECHoice™, Dorman® Hybrid Drive Batteries and Dorman HD Solutions™
brand names.
Investor Relations
Contact Kevin Olsen, President and
CEOkolsen@dormanproducts.com (215) 997-1800
Visit our website at www.dormanproducts.com
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