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Caliber Collision Centers Names David Riggan Vice President and Chief Financial Officer.


Business Editors & Automotive Writers

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 4, 2002

Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  and Texas, has named David Riggan its vice president and chief financial officer.

Riggan brings more than 25 years of professional financial experience to Caliber Collision Centers, primarily in capital management and strategic financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
.

Prior to joining Caliber Collision Centers, Riggan was senior vice president, chief financial and administrative officer for 24 Hour Fitness USA Inc. and was responsible for customer service processes, member transactions processing, payroll, purchasing and facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises.  operations.

As chief financial officer for Caliber, Riggan will have responsibility for all of Caliber's accounting functions, financial reporting, cash management, operations budget, risk management and corporate financial planning Corporate financial planning

Financial planning conducted by a firm that encompasses preparation of both long-and short-term financial plans.
.

"With extensive experience in financial systems integration, financial management, planning and reporting, David's skills will complement the diversity of our executive team as we continue to lead change within the collision repair industry," said Matthew Ohrnstein, chairman of the board and chief executive officer for Caliber Collision Centers.

"We're confident that his demonstrated ability to manage financial operations in a competitive, rapidly changing environment will increase the quality and value we offer our insurance company clients and customers."

Riggan earned his bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science
BS, SB

bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies
 degree in accounting and his master of business administration degree in marketing management from Virginia Polytechnic Institute and State University Virginia Polytechnic Institute and State University, at Blacksburg; land-grant and state supported; coeducational; chartered and opened 1872 as an agricultural and mechanical college.  and is a licensed Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
.

Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 67 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support.
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Publication:Business Wire
Date:Nov 4, 2002
Words:286
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