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Eustace W. Mita Joins Dumont Group.

WILMINGTON, Del., Nov. 5, 2015 /PRNewswire-iReach/ -- Dumont Group announces that Mr. Eustace W. Mita has joined the company, and has been elected as Chairman of the Board.

Eustace Mita is Chairman of Mita Management, a closely held company with interests in the automotive and real estate industries. Eustace is also CEO of Achristavest, LLC, a developer of waterfront properties in New Jersey, Nantucket, Maryland, Utah and Pennsylvania. Prior to forming Mita Management and Achristavest, Eustace was President and Chief Executive Officer of HAC Group, one of the world's largest automotive dealer training and consulting groups with operations in nineteen countries worldwide including Europe and Asia. In addition to inventing personal automotive leasing and Short Term Trading CyclesTM, HAC Group was also the innovator in dealer website technology (AutoMarkTM) and dealer internet sales training and marketing (CyberCarTM). Eustace merged the HAC Group with one of the nation's largest automotive IT companies, Reynolds & Reynolds (REY:NYSE) in 2000. (Reynolds has 5,000 employees serving 10,000 dealer customers worldwide.) Eustace has served on the Board of Directors of Penske Auto Group (PAG:NYSE) where he was Chairman of the Corporate Governance Committee as well as a member of the Compensation Committee. Mita also served on the Boards of Reynolds and Reynolds (REY:NYSE), CRW (CRW:NASDAQ) and First Republic Bank (FRBK:NASDAQ) and was a founding Chairman and Director of Carmoza, acquired by Manheim in 2012. In addition, Eustace has been a partner and consultant to both the Carlyle Group, and Penske Capital Partners, in private equity. Dumont Group operates several FAA PART 145 Repair Stations and FAA PART 135 aircraft charter operations through its wholly owned subsidiaries. Dumont Group will continue to expand through organic growth and acquisition.

Media Contact: Daniel Piraino, Dumont Aviation, 302 777-1003,

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Publication:PR Newswire
Date:Nov 5, 2015
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