New CEO at BBB
- October 05, 2015
BBB Industries, a leading remanufacturer and distributor of automotive parts in the North American aftermarket, has announced the appointment of Joseph Beretta as its new CEO. Beretta was previously a member of the company’s Board of Directors.
Joseph Beretta brings a wide range of executive experience, including manufacturing, global sourcing, supply-chain management, sales and marketing, distribution operations, new product development and engineering, the company said in a statement. He has held various key positions in the automotive aftermarket since 1976, most recently serving as co-president at Dorman Products.
BBB Industries is owned by global private equity investment firm Pamplona Capital Management LLP, which acquired the business in November 2014.
Martin Schwab, a partner at Pamplona, said, "We are delighted that Joe has agreed to become CEO. His contribution as a board member has been impressive and we believe he is the ideal executive to lead the business during its ongoing significant growth trajectory."
Joseph Beretta added, "BBB Industries is an industry leader and I am delighted to be joining an exceptional management team that has grown the company significantly over the past few years. I believe there continues to be significant opportunities to grow the business both organically and through acquisition."
BBB Industries also announced that John Smart III, executive vice president of sales, and Jeff Bigler, executive vice president of operations, have been appointed as co-presidents of BBB, with Smart taking on the role of chief commercial officer and Bigler becoming chief operating officer.