Boston, MA - February 15, 2011 - LoJack today announced it has elected two new directors to the LoJack Board, effective February 22, 2011: Gary E. Dilts and Marcia J. Hooper, who both bring highly relevant expertise to the Board. Mr. Dilts is an automotive industry veteran, with more than 35 years of experience in sales, operations and auto dealer relations. Ms. Hooper has held senior management positions with several early stage technology development firms focused on software and services, and served on a broad range of boards.
In announcing these appointments, Richard T. Riley, Chairman of the Board, President and Chief Executive Officer said, “We are very pleased to have Gary and Marcia join our Board, as both offer unique strengths and experience that will serve our board well. Gary is a recognized leader in the automotive industry, having held senior positions with J.D. Power and Associates and DaimlerChrysler. Marcia has a breadth of experience in the technology, software and service arenas and has served as a board member for a wide range of public companies.”
With the addition of Mr. Dilts and Ms. Hooper, the LoJack Board of Directors will be comprised of seven independent directors and one corporate officer.
Gary Dilts has more than three decades of experience in the global automotive industry and is a recognized industry thought leader. He currently serves as Principal of Automotive Command LLC and is the Managing Partner and a member of the Board of Directors for Veritas Automotive and Machinery. His industry experience includes serving as Senior Vice President, Global Automotive for J.D. Power and Associates and Senior Vice President, U.S. Sales for DaimlerChrysler, a company he was with for 30 years. He has served on a range of boards for companies such as PriceLock/Global Electric Motors (GEM) LLC, and Automotive Retailing Today.
Marcia Hooper has extensive experience in early-stage technology driven companies. She is currently President of the venture capital firm HooperLewis, LLC, where she has focused on technology-based businesses. Ms. Hooper has also served as Partner for Castile Ventures, Advent International, Viking Capital and Ampersand Ventures/PaineWebber Ventures. Earlier in her career, she worked for IBM Corporation. She has served on the boards of several public and private companies.
About LoJack Corporation
LoJack Corporation, the company that invented the stolen vehicle recovery market more than 25 years ago, is the global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles-having recovered nearly $4 billion USD in stolen assets worldwide. In today's rapidly changing world, LoJack's core competencies are more valuable and more relevant than ever as they are now being applied into new areas, such as the prevention, detection and recovery of stolen cargo and finding and rescuing people with cognitive conditions such as autism and Alzheimer's.
For more information, visit www.lojack.com, www.autotheftblog.com, www.youtube.com/lojack, www.twitter.com/LoJackCorp or www.Facebook.com/LoJackCorp.
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