Pep Boys names Hertz veteran as CEO
Philadelphia — The Pep Boys: Manny, Moe & Jack named Hertz Corp. veteran Scott P. Sider, 54, as its new CEO, effective June 15. He most recently served as group president of Hertz Corporation’s largest division, Rent A Car Americas, with over 3,200 locations.
The announcement comes more than eight months after Pep Boys CEO Michael Odell resigned on the heels of disappointing second quarter earnings.
In connection with . Sider’s appointment, John Sweetwood, who is currently serving as Pep Boys interim chief executive, will resume his position as an independent Board member.
“My experiences at Hertz, which have provided me with an appreciation of customer satisfaction through differentiation, a deep understanding of vehicle maintenance and the need for continual process improvement, combined with Pep Boys’ iconic brand makes this a very exciting opportunity for me," Sider said.