Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On December 30, 2020, Jamy P. Rankin was unanimously appointed as a member of
the Board of Directors of Motorcar Parts of America ("MPA"), effective
immediately.
Jamy P. Rankin is the retired President and Chief Executive Officer of Ford
Component Sales, LLC. a wholly owned subsidiary of Ford Motor Company (2012-
2016). As President and CEO, she led the company through double digit growth
for three consecutive years through collaboration, market penetration and
product offering expansion. She also created a strategic plan for international
growth in Brazil, China, and Mexico. Jamy managed four operational divisions
and supporting functions including finance, engineering, information technology,
and human resources. Ms. Rankin was at Ford from 2001 till her retirement in
2016, where she held positions of increasing responsibility and breadth
throughout her tenure. Before arriving at Ford, she led marketing and sales
organizations at Case New Holland and Navistar. Since 2016, she has been the CEO
of Rankin Group, a private consulting firm.
Ms. Rankin currently serves on the boards of Bronner Brothers Inc., and the
visiting committee at the University of Pittsburgh, school of engineering.
Previously she served on the board of Ford Component Sales LLC., the Pittsburgh
Opera, and the Board of Visitors for Howard University's school of business.
She currently is the co-owner and General Manager of River Forest Country Club.
Jamy received her Bachelor of Science degree in Industrial Engineering from the
University of Pittsburgh and her Masters of Business Administration, Marketing
and Strategic Planning degree from the University of Chicago.
Ms. Rankin shall receive the same cash and equity compensation as other MPA
directors.
Item 9.01. Financial Statements and Exhibits.
The following exhibit is furnished with this Current Report:
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated January 4, 2021
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses