THE WOODLANDS, Texas
Jan. 11, 2013
/PRNewswire/ -- FleetPride, Inc. announced today that
Kevin A. Peters
has been appointed Chief Executive Officer of FleetPride, effective
, 2013. FleetPride is the nation's largest retailer of heavy-duty truck and trailer parts, and a portfolio company of TPG, the global private investment firm. Peters succeeds
, who will remain on the Board of Directors.
Peters comes to FleetPride after five years at Office Depot, most recently as President,
– the latest in a series of successful senior leadership positions at global Fortune 150 organizations, where he was responsible for leading multi-channel businesses, operations management, global supply chain management and IT.
, partner at TPG, said, "Woody and the team have built an impressive company and we are pleased that he will continue to serve on the Board of Directors. We are also excited to welcome Kevin and believe his experience in business transformation leadership and innovation will drive the next stage of FleetPride's growth. His decision to lead FleetPride at this time is a testament to the company's attractive prospects."
"Kevin has a unique set of skills and experiences that are a great fit with FleetPride as the company capitalizes on the wide range of growth opportunities in the heavy-duty truck parts industry," said
. "I believe the company is well positioned to build on its reputation for superior customer service, broad inventory and parts availability."
"I am excited about the opportunity to help grow FleetPride's business lines," said Peters. "FleetPride and its FleetCare repair and maintenance service can continue to experience significant growth through acquisition and expanding our customer base. We understand that timely and quality maintenance are critical to our customers' bottom line and we view ourselves as partners in reducing downtime and keeping their fleets moving. I'm also looking forward to working with the TPG team which has deep industrial distribution and vehicle aftermarket sector experience."