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ChoicePartsTM Recruits Seasoned Talent for CTO, CFO and Product Development Posts

Experienced execs to lead continued momentum as the private, B2B exchange for auto repair parts expands its beta product to include more than 200 auto retailing customers

(EMAILWIRE.COM, December 08, 2000 ) CHICAGO, Ill -- ChoicePartsTM, LLC., the professional's auto parts network, today announced the appointment of two key executives to complete the formation of its senior management team. Douglas Doughty will serve as chief technology officer (CTO) and Mark S. Haskins will serve as chief financial officer (CFO). ChoiceParts also announced the solidification of its broader technology and product development team, as the company continues to expand its private, B2B exchange for auto repair parts into more than 200 auto dealerships in Dayton, Ohio, Milwaukee and Minneapolis/St. Paul test markets."Our expanded management team offers the experience and enthusiasm that will drive the next phase of our growth strategy," said Chan W. Galbato, president and CEO of ChoiceParts. "Since forming the company in May 2000, we have worked closely with our customers to create a highly integrated product. The leadership that this experienced management team brings will enable us to remain aggressively focused on building increased functionality into our product as we expand into new markets."Galbato said that Doughty's 15 years of technology leadership and Haskins' broad experiences with implementing financial disciplines into operational strategy will ensure that ChoiceParts' product yields a high return on investment for its customers. Douglas Doughty, CTOAs CTO of ChoiceParts, Doughty, 43, will oversee the integration of ChoiceParts' solution into the dealer management systems of the company's installed base of more than 8,000 automotive retailing customers. He will also focus on building the company's customized solution for the collision repair market, and on ongoing product development as the company builds additional functionality to meet the evolving needs of its customers."Doug's impressive track record of leveraging technology to drive inefficiencies out of vertical industries will be critical to the ongoing success of ChoiceParts," said Galbato. "Doug and his technology team will also focus on ensuring that ChoiceParts continues to introduce its customers to technology solutions that will be easy to use and to integrate into their existing processes. As a result, our customers will quickly experience the value, cost savings and efficiency that Internet technology can deliver to the auto parts supply chain." Doughty most recently served as CTO for Inlight, Inc., a Chicago-based technology company that designs and implements technology solutions to create efficiencies in the health care field. He formerly held the position of senior vice president, chief information/technology officer for the American Bottling Company, and has held technology management positions with W.W. Grainger and McMaster-Carr. Doughty received a bachelor's degree in mathematics and applied computer science from Northern Illinois University, and earned a master's degree in business administration from the University of Chicago.FOR MORE INFORMATION, CONTACT:Tara RogersSenior Account ExecutiveLord, Sullivan & Yoder Public Relations614-825-1801trogers@lsy.com

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Experienced execs to lead continued momentum as the private, B2B exchange for auto repair parts expands its beta product to include more than 200 auto retailing customers

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