CarParts CEO Lev Peker leaves for CarLotz

  • Push-out Score determined
  • After about three years in the position
  • Praise, thanks and good wishes for Peker
  • David Meniane taking over
  • Peker said 108 words

(exechange) — Torrance, California, March 15, 2022 — Lev Peker, chief executive of CarParts, leaves. As announced by CarParts.com Inc. in a news release and in a regulatory filing published on Tuesday, March 15, 2022, Lev Peker leaves his post as chief executive officer at the e-commerce provider of automotive parts and accessories, after about three years in the role, effective April 15, 2022.

Lev Peker’s duties as CEO will be taken over by David Meniane, currently Chief Financial Officer and Chief Operating Officer at CarParts.com Inc.

Career change

Lev Peker’s departure from the CEO post is explained as follows. CarParts said: “Lev Peker will step down as Chief Executive Officer and director, effective as of close of business on April 15, 2022, to pursue other business opportunities. The Company has also appointed Mr. Meniane as a Class III director to fill the resulting vacancy from Mr. Peker’s departure from the Board.”

Peker will be CEO at CarLotz

“CarLotz (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, announced today the appointment of Lev Peker to the role of Chief Executive Officer, effective April 18, 2022,” CarLotz said.

CarLotz announced the move on Tuesday, March 15, 2022.

CarLotz is a consignment-to-retail used vehicle marketplace.

“Resignation”

CarParts said: “On March 12, 2022, Lev Peker provided notice to CarParts.com, Inc. (“we” or the “Company”) of his resignation as Chief Executive Officer and a director of the Company, effective end-of-day April 15, 2022.”

“Did not resign as a result of any disagreement”

“Mr. Peker did not resign as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices,” CarParts said.

Share price increase since January 2019

The announcement follows an increase in CarParts.com Inc.’s share price of 602% since January 2019. January 2019 is the month in which Peker’s tenure as CEO began.

In the position of CEO since 2019

Lev Peker became CEO of the Company in 2019.

Lev Peker has been the Company’s Chief Executive Officer and a director since January 2019.

Peker previously served as the Chief Marketing Officer of Adorama Camera Inc., a leading online destination for photography, imaging and consumer electronics, from August 2015 to December 2018.

Prior to that time, Peker served as the Senior Director and General Manager of eCommerce Strategy and Operations of Sears Holding Corporation, a leading integrated retailer providing merchandise and related services, from August 2014 until July 2015.

From April 2008 until July 2014, Peker served in various roles at CarParts.com, Inc. (formerly U.S. Auto Parts Network, Inc.) including as Vice President and General Manager of Online Marketplaces from June 2013 to July 2014, as Director and General Manager of Online Marketplaces from March 2009 until June 2013, and as Manager of Financial Planning and Analysis from April 2008 until March 2009.

Peker’s prior experience also includes serving as a Senior Financial Analyst at Smart & Final, Inc., as a Senior Analyst at KPMG, and as a Senior Associate at Pricewaterhousecoopers LLP.

Peker holds a B.S. degree in Accounting from the University of Southern California and an M.B.A. degree in Marketing and Strategy from University of California, Los Angeles.

Push-out Score determined

The Push-out Score™ determined by exechange gauges the pressure surrounding Lev Peker’s move on a scale of 0 to 10.

exechange reached out to CarParts and offered the company the opportunity to comment on the score.

Read the full story in the exechange report 12.2022 ($).