Dorman Announces the Appointment of J. Darrell Thomas to its Board Of Directors
November 02 2021 - 7:00AM
Dorman Products, Inc. (the “Company”) (NASDAQ:DORM) today announced
that J. Darrell Thomas has been appointed as an independent
director to the Company’s Board of Directors, effective October 30,
2021. Mr. Thomas’ appointment expands the Board to nine directors,
seven of whom are independent directors. Mr. Thomas will be a
member of the Company’s Audit, Compensation and Corporate
Governance and Nominating committees.
Mr. Thomas currently serves as Vice President
and Treasurer for Harley-Davidson, Inc. (NYSE:HOG), which
he joined in June 2010. During his tenure at Harley-Davidson, he
also has served in several other senior finance positions,
including Interim Chief Financial Officer for Harley-Davidson and
Chief Financial Officer for Harley-Davidson Financial Services,
Inc. Prior to joining Harley-Davidson, Mr. Thomas was employed by
PepsiCo, Inc., where he most recently served as Vice President and
Assistant Treasurer. Prior to joining PepsiCo, Mr. Thomas had
a 19-year career in banking with Commerzbank Securities,
Swiss Re New Markets, ABN Amro Bank and Citicorp/Citibank where he
held various capital markets and corporate finance roles. Mr.
Thomas currently serves as a member of the board of directors of
British American Tobacco p.l.c. (NYSE:BTI).
Mr. Kevin Olsen, the Company’s President and
Chief Executive Officer, said: “We are excited to welcome Darrell
to our Board of Directors. Darrell’s extensive global experience in
corporate finance, capital markets, risk management and investor
relations will be of significant benefit to Dorman. We appreciate
his willingness to serve as a director and look forward to
benefiting from his experience and judgment.”
Investor Relations Contact David
Hession, SVP and Chief Financial
Officerdhession@dormanproducts.com(215)
997-1800
About Dorman Products
At Dorman, we give repair professionals and
vehicle owners greater freedom to fix cars and trucks by focusing
on solutions first. For over 100 years, we have been one of the
automotive aftermarket’s pioneering problem solvers, releasing tens
of thousands of replacement products engineered to save time and
money and increase convenience and reliability.
Founded and headquartered in the United States,
we are a global organization offering more than 81,000 distinct
parts, covering both light duty and heavy-duty vehicles, from
chassis to body, from underhood to undercar, and from hardware to
complex electronics. See our full offering and learn more at
DormanProducts.com.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are based on
current expectations that involve a number of known and unknown
risks, uncertainties and other factors (many of which are outside
of our control) which may cause actual events to be materially
different from those expressed or implied by such forward-looking
statements. For additional information concerning factors that
could cause actual results to differ materially from the
information contained in this press release, please see Dorman’s
prior press releases and filings with the U.S. Securities and
Exchange Commission (“SEC”), including Dorman’s most recent annual
report on Form 10-K and its subsequent SEC filings. Dorman is under
no obligation to (and expressly disclaims any such obligation to)
update any of the information in this press release if any
forward-looking statement later turns out to be inaccurate whether
as a result of new information, future events or otherwise.
Visit Dorman’s website at
www.dormanproducts.com. The Investor Relations section of the
website contains a significant amount of information about Dorman,
including financial and other information for investors. Dorman
encourages investors to visit its website to view new and updated
information.
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