Castle is arranging a additional qualified and aggressive acquisitions approach. Bob Politza named CFO, Mike Fullmer named COO.
OAKBROOK TERRACE, Ill., Jan. 3, 2023 /PRNewswire/ — Going forward in 2023 the Castle Automotive executive crew will have a quite fast paced plan as it carries on its mission to grow the group’s dealership footprint. In buy to align the team and its assets for approaching acquisitions some realignment of its C-suite had to choose place. A single of the most essential things to our group’s aims is that we have the proper people today in the correct positions prior to obtaining additional dealerships.
With that claimed, as of January 1st 2023 Bob Politza will choose on the function as CFO for the group and hand off his COO function to Mike Fullmer. “This crucial go will allow for Bob the time and adaptability to concentration on the teams acquisition and fiscal strategy and will enable Mike Fullmer to consider the reins to enhance the auto teams performance as a result of the growth of streamlined procedures and persons advancement,” claimed Joe Castle, CEO of Castle Automotive Group. “I am thoroughly dedicated to creating a lifestyle where everyone can thrive and attain their whole probable.
“I am enthusiastic to get on the job of CFO to keep on to examine and carefully vet acquisition possibilities and far better align our fiscal efficiency to exceed our objectives, As Joe Castle says, we are making a plane in flight and with that I will need to guarantee that our group can be competitive with other vehicle teams as we are self funding our expansion with no outside buyers or other capital.” stated Bob Politza.
“In a small interval of time I discovered immediately of Joe’s vision to scale the group and I understood that from an operational standpoint I could consider a ton of load off of Joe and Bob so they can focus 100{e410be007f3fd0fc7192ddce64f064014ac3d4d0ef675ed9817a95680a41cfee} on acquisitions in 2023. “I am looking forward to assembly and operating with all of our OEM partners and over 800 Castle employees to go on to keep our team in the forefront of innovation, individuals progress, and general performance.” mentioned Mike Fullmer.
About Castle Automotive Group (CAG): Castle Automotive Team (CAG) is a development firm driven by men and women and innovation and at present owns 14 dealership places with 26 new auto franchises in the course of Illinois and Northwest Indiana representing domestic, Asian, and German manufacturers. Just recently released CastleCars.com, their immediate-to-customer buying practical experience, where customers can research for, invest in and promote motorized cars. Castle also presents consumers a extensive range of automotive items and expert services, including new and utilized auto income and similar funding and insurance policies merchandise, services contracts, automobile fix and upkeep plans, and OE areas. CAG carries on to commit in prime marketplaces all over the Chicagoland place by means of different programs, such as the Castle Get Centre, Castle Credit history Center, and CastleCars.com, their Direct-To-Consumer obtaining practical experience. These programs are established in place to present a various array of alternatives to simplify the on line automobile getting and advertising procedure. For additional info, make sure you stop by www.castleautomotivegroup.com and www.castlecars.com. #jointeamcastle
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