Pep Boys 2014 Annual Report Download - page 16

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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.
James F. Flanagan joined Pep Boys in August 2013 after having most recently served as the Senior
Vice President of Human Resources for Procurian, a comprehensive procurement solution company.
From 2004 to 2012, Mr. Flanagan served as Executive President, Human Resources of GSI Commerce.
Mr. Flanagan’s 20+ years of human resources leadership experience also included positions at
Starbucks, Starwood Hotels, Sheraton Hotels, Bank of America and homegrocer.com. Mr. Flanagan
began his career as a labor and employment attorney.
John J. Kelly joined Pep Boys in March 2014 after having most recently served as President of
Decible, a start-up electronics joint-venture, since June 2013. From April 2009 to May 2013, Mr. Kelly
served as Vice President of Home Merchandising of QVC. Prior to joining QVC, Mr. Kelly served as
Chief Merchandising Officer of Circuit City Stores. Mr. Kelly’s 30+ years of merchandising leadership
experience also included positions at Sharp Electronics and Macy’s.
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 including
our ‘‘Road Ahead’’ remodels and store growth programs 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.
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