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Letter to the Editor
Tuesday April 18
Keystone Automotive Appoints Jeffrey Gray CFO
Keystone Automotive Industries, Inc. has announced the appointment of Jeffrey T. Gray as chief financial officer, succeeding John M. Palumbo, who recently resigned the position.Gray most recently served as executive vice president and chief financial officer of Advance Auto Parts. During his eleven-year tenure with Advance Auto, he held both financial and operational positions, including serving as senior vice president and controller and vice president of inventory management.Gray is a certified public accountant.
"In addition to extensive public company financial experience, Jeff Gray is a results-oriented executive with strong leadership and team building skills. His background includes both significant operational and financial experience. We look forward to Jeff's contributions as the company continues its strategic growth and welcome him to the Keystone Team," said Richard Keister, president and chief executive officer of Keystone Automotive Industries.
Commenting on his appointment, Gray stated, "Keystone Automotive enjoys a solid reputation for quality and brand name recognition throughout the collision repair industry. Aftermarket collision replacement parts are a high quality, cost-savings alternative to OEM parts, offering consumers, insurers, and body shops important alternatives. I look forward to participating in this dynamic industry and contributing to Keystone's continued success."
Keystone Automotive Industries, Inc. distributes its products primarily to collision repair shops through its 136 distribution facilities, of which 22 serve as regional hubs, located in 38 states and Canada.
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