U.S. Auto Parts Network, Inc. Announces Resignation of Robert J. Majteles as Director, Member of the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee
January 03, 2018 at 03:32 am IST
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On December 30, 2017, Robert J. Majteles, a Class II Director of U.S. Auto Parts Network, Inc. and a member of the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee, resigned from the Board of Directors and each committee thereof, effective immediately. Mr. Majteles' resignation from the Board of Directors is due to other commitments, and is not due to any disagreement with the company on any matter relating to the Company’s operations, policies or practices.
CarParts.com, Inc. is a technology-driven e-commerce company. It serves as an end-to-end solution for automotive repair and maintenance resources. It principally sells its products, identified as stock keeping units, to individual consumers through its Website, www.carparts.com, and online marketplaces. It has classified its products into three subcategories by function: replacement parts, hard parts, and performance parts and accessories. The replacement parts category is primarily comprised of parts for the exterior of an automobile. Parts in this category are typically replacement parts for original body parts that have been damaged as a result of a collision or through general wear and tear. The hard parts category is comprised of engine and chassis components, as well as other mechanical and electrical parts. These parts serve as replacement parts for existing engine parts. It offers performance versions of many parts, including parts from one of its own house brands, JC Whitney.
U.S. Auto Parts Network, Inc. Announces Resignation of Robert J. Majteles as Director, Member of the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee