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Letter to the Editor
Monday September 14
Caliber Appoints Steve Grimshaw CEO
Caliber Collision Centers has appointed Steve Grimshaw to serve as Chief Executive Officer of the company. Grimshaw has more than twenty years of experience operating multi-store retail locations, and has demonstrated the ability to consistently drive both top and bottom line results. Most recently, Grimshaw worked at Safety-Kleen Systems, Inc. where he was Executive Vice President in charge of the western half of Safety Kleen's U.S. operations, with over $1 billion of revenue.“I’m thrilled with the opportunity to lead Caliber in the next stage of its growth” said Grimshaw. “Alongside some of the most talented people in the collision industry, we will continue to build upon the operational excellence that Caliber stands for and look to accelerate our new store growth over the coming years.”
Earlier this year, John Hovis, current President and CEO, approached the Board of Directors and suggested the company needed additional resources in order to grow its number of locations or geographic markets more rapidly, and would benefit from a new leader that could facilitate this growth while maintaining the company's focus on continuous operational improvement. Together, Hovis and ONCAP Management Partners L.P. began a search for a new leader for Caliber that would fit this profile. Caliber’s Board of Directors oversaw the search for a new CEO.
“The search process was rigorous and when we met Steve the entire Board unanimously agreed that we’d found the right leader for our company,” said Michael Lay, Managing Partner of ONCAP. “His proven operational skills and demonstrated financial results complement the strong team we have in place at Caliber. We are confident he will prove to be a very successful leader of our management team in the years ahead.”
Speaking on behalf of Caliber's Board of Directors, Lay said, "John’s contributions as President and CEO of Caliber have been exemplary. In addition to the growth of the company during his tenure, there are three key areas that will mark his legacy to Caliber -- his passionate commitment to safety, operational excellence, and values-based leadership."
Founded in 1997, with headquarters in Irvine, California, Caliber currently owns and operates 68 collision repair facilities in California and Texas.
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