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CARDONE Industries Announces Top Leadership Changes

Terry McCormack, CARDONE Industries Executive Chairman and Chief Executive Officer, announced that he will step down as CEO but will continue as the Executive Chairman of the Board of Directors.

7/27/15 4:30:00 PM

CARDONE INDUSTRIES ANNOUNCES TOP LEADERSHIP CHANGES

Terry McCormack, CARDONE Industries Executive Chairman and Chief Executive Officer, announced that he will step down as CEO but will continue as the Executive Chairman of the Board of Directors.  Terry also announced the appointment of Stan Gowisnock as CARDONE's new President and CEO effective August 3, 2015. 

"Stan comes into this position with the full support of the Board of Directors as well as the Cardone family," said McCormack. "For the past 3 years, Stan has been a member of our board of directors. With more than 30 years of leadership in the automotive aftermarket, technology and innovation space, he is an ideal selection to ensure our future business strategy aligns with Cardone values, customers, channel partners, and market needs." 

As the former President of DST Inc.(a Solera company), Gowisnock brings extensive experience in family business operations and a solid background in sales and marketing, engineering, and technology. His skill set includes substantial expertise leading the global development and application of e-commerce, data content management, and distribution management solutions. In his new role, Gowisnock will further develop CARDONE’s new product innovation strategy, uphold the company's profitable growth opportunities for its customers, and sustain a tenacious focus on excellence in customer satisfaction.

"Stan started out in this industry when he was 16 years old, working at an auto parts store.  Working there through his early 20’s, he became familiar with the Cardone family name and built a foundation for understanding the needs and expectations of our aftermarket customers." McCormack said, "He has built a career marked by strong relationships and brings a full complement of executive managerial experience — particularly with respect to the application of the most current technologies that will support our ‘New CARDONE 5-Year Vision’ ... a vision with one focus — its customers."

About CARDONE Industries

CARDONE Industries, Inc., founded in 1970, is a leading supplier of automotive replacement parts with 6,000 employees across the USA, Canada and Mexico. In its commitment to deliver the right parts at the right time to its customers, CARDONE offers a full spectrum of products and services, including more than 90 remanufactured and new product lines. CARDONE’s business is built on environmental sustainability, where millions of used parts are remanufactured and repurposed every year — to O.E. or better performance.