Crash Champions, LLC announced today the appointment of Tom Feeney to its Board of Directors. Feeney has more than 45 years of leadership experience primarily in the automotive services industry, having most recently served as the President and CEO of Safelite Group , a multi-faceted vehicle glass and claims management service. During his 14-year tenure […]
Carlos Brito to Succeed Gary Lubner as CEO of Safelite Parent Belron
D’Ieteren Group announced the appointment of Carlos Brito as Chief Executive Officer at Belron Group. Brito will join the company in January and take over as CEO in March 2023, following a handover period. Gary Lubner, who has been Belron CEO since 2000, will remain on the Board of Belron Group following the handover. Belron […]
Tom Feeney Retires from Safelite and Belron
Tom Feeney, former president and CEO of Safelite and current Executive Chairman of Belron North America, today announced that he is fully retiring effective June 30. In announcing his retirement, Feeney shared that he is looking forward to spending time with his wife, Debra, and family and will continue his commitment to philanthropic service, and […]
D’Ieteren Group Acquires Parts Holding Europe
D’Ieteren Group announces that it has issued a binding offer and entered into exclusive negotiations with Bain Capital Private Equity in view of acquiring 100% of Parts Holding Europe (PHE), a Western European leader in spare parts distribution and services for vehicles and trucks. The proposed transaction values PHE at an Enterprise Value of €1.7 […]
Renee Cacchillo Assumes Role as President and CEO of Safelite Group
Effective today, Renee Cacchillo officially assumes her role as President and CEO of Safelite Group that was announced in September and also becomes a member of Belron’s global leadership team. Throughout her decade at Safelite, Renee has held increasingly important and transformative roles in both the Safelite AutoGlass and Safelite Solutions business units, with a […]
Renee Cacchillo Named Safelite Group President, Tom Feeney Appointed Executive Chairman for Belron North America
The Safelite Group announced Renee Cacchillo as its next President and CEO. Tom Feeney, who has been Safelite’s CEO since 2008, will become Executive Chairman of Belron North America. Cacchillo and Feeney will assume their new roles as of December 6. “Renee is the right person to serve as Safelite’s CEO at this pivotal moment,” […]
Safelite Acquires TruRoad Holdings
Safelite Group and CenterOak Partners LLC, the Dallas,Texas -based private equity firm, announced the sale of TruRoad Holdings to Safelite. The transaction was completed at the close of business yesterday. TruRoad, based in Woburn, Mass., was formed in 2018 through the combination of JN Phillips Auto Glass and existing CenterOak platform investment Techna Glass, Inc. […]
Belron Parent D’Ieteren Group Parts Ways with CEO
The D’Ieteren Board of Directors announced Axel Miller is leaving his position as CEO, Managing Director of D’Ieteren and other positions within the Group and its subsidiaries. D’Ieteren is the majority owner of Belron, the global auto glass replacement business and parent of Safelite. Miller joined the Board of Directors of D’Ieteren as an independent […]
Safelite’s Rick Beasley Wins Belron Global Auto Glass Technician Competition
In front of more than 1,500 people including 550 customers, suppliers and colleagues, the 30 best Belron technicians from around the world competed to win the title “Best of Belron”. This year’s top technician was Rick Beasley from Safelite’s Kenosha Service Center in Wisconsin. The competitors represented 15,000 Belron technicians who carry out 11.7 million […]
Clayton, Dubilier & Rice Acquire 40% Stake in Belron
D’Ieteren, the automotive company and parent of Belron, and Clayton, Dubilier & Rice (CD&R), the global private investment firm, announced Sunday that they have entered into exclusive discussions under which CD&R-managed funds would acquire a 40 percent ownership interest in the Belron group, the global vehicle glass repair and replacement company and parent of Safelite […]