Dragone named President & CEO of Fleetpride

Fleetpride, a portfolio company of TPG, has named Allan Dragone as its new President & CEO effective immediately. Dragone takes over for Donald Sturdivant, who will continue to serve on the Board through the transition process. Dragone is the former COO of GCA Services and former CEO of Unisource.

PRESS RELEASE

RVING, Texas, March 25, 2016 /PRNewswire/ — FleetPride has named Allan R. Dragone, Jr., former Unisource Chief Executive Officer, as its new President & CEO effective immediately. Mr. Dragone takes over for Donald W. Sturdivant.
Mr. Dragone brings 35 years of experience, in the distribution and retail industry, to the position. He is the former COO of GCA Services and former CEO of Unisource – both highly successful private-equity backed companies.
“Al has extensive experience as a CEO and a great track record in growing businesses, improving operations, identifying sales force efficiencies, and building cross-functional teams to their fullest potential,” said the Company spokesperson. “Following Don’s previous leadership, Al will be focused on driving differentiation of FleetPride in the market and positioning the Company for the future.”
Mr. Dragone said, “I am very excited about this opportunity and look forward to working with the talented management team to build upon the Supply Chain, Operational, and Commercial excellence achieved thus far. FleetPride is focused on the right priorities and has a strong foundation for future growth.”
“The FleetPride Board sincerely thanks Mr. Sturdivant for serving as a Board member and stepping in as CEO over the past year,” said Nathan Wright, TPG Partner and lead director. “Under his leadership, the Company has built commercial momentum, driven operational and functional transformation, and optimized its cost position. These essential improvements have prepared FleetPride for its next phase of growth.” Mr. Sturdivant will continue to serve on the Board through the transition process.
ABOUT FLEETPRIDE
Formed in 1999, and headquartered in Irving, TX, FleetPride is the nation’s largest distributor of truck and trailer parts in the independent heavy-duty aftermarket channel. FleetPride operates over 260 locations in 45 states and carries over 400+ nationally-recognized brands. Operating through five regional distribution centers, FleetPride serves a diverse customer base across multiple industries, including freight and shipping, leasing services, agriculture, food and beverage, construction and waste management. In addition, FleetPride offers in-house remanufactured products such as brake shoes and driveline components. Truck and trailer repair services are also offered at a number of locations under the FleetCare brand.
Logo – http://www.FleetPride.com