Pep Boys 2012 Annual Report Download - page 49

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multifamily communities. Mr. Adams began his career at Enterprise Rent-A-Car in September 1989
where through July 2006 he progressed from a management trainee to become one of the executives
selected to open up and lead Enterprise’s U.K. operations.
Thomas J. Carey joined Pep Boys in August 2012 after having most recently served as Senior Vice
President and Chief Marketing Officer for Orchard Supply Hardware Stores. From March 2003 to June
2007, Mr. Carey served as Senior Vice President, Chief Marketing Officer, of West Marine, Inc. Prior
to joining West Marine, Mr. Carey served in various marketing leadership positions of increasing
seniority with several national retailers, including Sunglass Hut, Bloomingdale’s and Builders Square.
Mr. Carey also has agency experience with, among others, Ogilvy & Mather and Young & Rubicam.
Joseph A. Cirelli was named Senior Vice President—Corporate Development in November 2007.
Since March 1977, Mr. Cirelli has served the Company in positions of increasing seniority, including
Senior Vice President—Service, Vice President—Real Estate and Development, Vice President—
Operations Administration, and Vice President—Customer Satisfaction.
Troy E. Fee, Senior Vice President—Human Resources, joined the Company in July 2007, after
having most recently served as the Senior Vice President of Human Resources Shared Services for
TBC Corporation, then the parent company of Big O Tires, Tire Kingdom and National Tire &
Battery. Mr. Fee has over 20 years experience in operations and human resources in the tire and
automotive service and repair business.
Brian D. Zuckerman was named Senior Vice President—General Counsel & Secretary on
March 1, 2009 after having most recently served as Vice President—General Counsel & Secretary since
2003. Mr. Zuckerman joined the Company as a staff attorney in 1999. Prior to joining Pep Boys,
Mr. Zuckerman practiced corporate and securities law with two firms in Philadelphia.
Each of the executive officers serves at the pleasure of the Board of Directors of the Company.
ITEM 1A RISK FACTORS
The following section discloses all known material risks that we face. However, it does not include
risks that may arise in the future that are yet unknown nor existing risks that we do not judge material
to the presentation of our financial statements. If any of the events or circumstances described as risk
below actually occurs, our business, results of operations and/or financial condition could be materially
and adversely affected.
Risks Related to Pep Boys
We may not be able to successfully implement our business strategy, which could adversely affect our
business, financial condition, results of operations and cash flows.
Our long-term strategic plan, which we update annually, includes numerous initiatives to increase
sales, enhance our margins and increase our return on invested capital in order to increase our
earnings and cash flow. If these initiatives are unsuccessful, or if we are unable to implement the
initiatives efficiently and effectively, our business, financial condition, results of operations and cash
flows could be adversely affected.
Successful implementation of our business strategy also depends on factors specific to the
automotive aftermarket industry, many of which may be beyond our control (see ‘‘Risks Related to Our
Industry’’).
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