Lev Peker Joins the PARTS iD, Inc. Board of Directors
September 29 2022 - 4:05PM
Business Wire
PARTS iD, Inc. (NYSE American: ID) (“PARTS iD” or “the Company”)
the owner and operator of, among other verticals, “CARiD.com,” a
leading digital commerce platform for the automotive aftermarket,
today announced the appointment of Lev Peker to its board of
directors effective September 28, 2022.
"Lev’s experience building and bringing to profitability
disruptive online businesses, particularly in the automotive and
automotive parts industry, makes him a valuable addition to our
board,” said Prashant Pathak, Chairman of PARTS iD. “We’re pleased
to welcome Lev and know that the Company and its shareholders will
benefit from his industry expertise and track record of value
creation.”
Mr. Peker served as Chief Executive Officer of CarParts.com, an
e-commerce provider of automotive parts and accessories from 2019
to 2022. During his tenure, he returned the business to growth and
delivered the highest annual profitability in the history of
CarParts.com. In April 2022, Mr. Peker was appointed Chief
Executive Officer of Carlotz, Inc., a leading consignment-to-retail
used vehicle marketplace. Earlier in his career, he served as Chief
Marketing Officer at Adorama, a leading electronics retailer and
also held senior positions at Sears Holdings Corporation and US
Auto Parts.
“I’ve long admired PARTS iD’s differentiated, technology driven
business model and the opportunity it presents for transforming the
$400 billion automotive aftermarket industry,” said Peker. “It’s an
honor to join the board and I look forward to contributing to the
strategy and direction of the company as we progress on delivering
profitable growth and increasing long-term shareholder value.”
Mr. Peker, who will serve as chairperson of the audit committee,
replaces Ann Schwister who stepped down from the board for personal
reasons.
Pathak continued, “Ann was a key member of our Board and her
contributions are truly appreciated. We wish her the very best as
she steps down to take time to attend to her personal matters”
About PARTS iD, Inc.
PARTS iD is a technology-driven, digital commerce company
focused on creating custom infrastructure and unique user
experiences within niche markets. Founded in 2008 with a vision of
creating a one-stop eCommerce destination for the automotive parts
and accessories market, we believe that PARTS iD has since become a
market leader and proven brand-builder, fueled by its commitment to
delivering a revolutionary shopping experience; comprehensive,
accurate and varied product offerings; and continued digital
commerce innovation.
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version on businesswire.com: https://www.businesswire.com/news/home/20220929005904/en/
Investors: Brendon Frey ICR ir@partsidinc.com
Media: Erin Hadden FischTank PR
partsid@fischtankpr.com
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