1-800-AutoTow Names New Chief Operating Officer.BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla.--(BUSINESS WIRE)--Oct. 2, 1998--Joel B. Nagelmann, Acting Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 1-800-AutoTow(tm), announced today the promotion of Eugene Iarocci to Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for 1-800-AutoTow(tm) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: AUTW), a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. rolling up America's vehicle towing industry into a national brand. Mr. Iarocci had previously been Senior Vice President of Field Operations for the company. "We created this new position to handle day-to-day operations that are becoming more demanding as we move into the next phase of integrating the companies that are joining our team," said Nagelmann. "This allows other members of the senior staff to focus on the new acquisitions and strategic growth issues of the company, while Gene puts his years of experience in managing and integrating multi-site operations to use in the towing industry." Mr. Iarocci's past experience includes serving as President and CEO of Younger Brothers Inc., a $50 million nationwide trucking company. While at Younger Brothers, revenues increased by 75 percent, as he led the business to its most profitable period in the company's history, made a $10 million acquisition, started several joint ventures, and integrated seven companies with 20 locations into a network operation. Before joining Younger Brothers, Iarocci held several management positions at Union Carbide (NYSE NYSE See: New York Stock Exchange : UK) during a 24 year period. Union Carbide, a Fortune 500 company, is one of the Dow 30 with 6.5 billion in annual revenues. As Area Vice President and as Director of Export Sales and Marketing, Iarocci's responsibilities included managing multi-country businesses within Mexico, South America and Southern Africa; and managing the worldwide export polyethylene business, respectively. As Director of Transportation, Iarocci was responsible for the annual expenditure of $450 million for worldwide transportation purchasing and services. Iarocci has a master of business administration in financial management and a bachelor of business administration “BBA” redirects here. For other uses, see BBA (disambiguation). The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies. from Pace University in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . 1-800-AutoTow(tm) is acquiring well-run vehicle towing companies in metropolitan areas across the country, and will consolidate their operations into a single branded identity. Founded in 1997, 1-800-AutoTow(tm) is based in Boynton Beach, Fla. The company's management team consists of a diverse and experienced group of entrepreneurs, senior operating executives and towing veterans. More information is available on the internet at www.1800autotow.com. |
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