Motorcar Parts of America Inc. (MPA) announced that its board of directors has elected two new directors, Joseph Ferguson and David Bryan. Two vacancies were recently created on the board, as a result of the death of director Mel Marks, who passed away on March 12, and the board’s adoption on June 9 of an amendment to Motorcar Parts of America’s Amended and Restated By-Laws to increase the maximum number of members of the board of directors from seven to eight members.
Ferguson is a co-founder and managing partner at Vicente Capital Partners, a Los Angeles-based investment firm providing capital to privately held growth companies across North America. Prior to co-founding Vicente in 2009, Ferguson was a partner at Kline Hawkes & Co., joining at the firm’s inception in 1995. He began his career as an investment banker for Merrill Lynch & Co. where he was a member of the Energy and Natural Resources Group and the General Corporate Finance Group. From 1989 to 1994, he worked on more than 30 public and private transactions for numerous emerging growth and middle market companies. He earned a Bachelor of Business Administration degree in finance from Southern Methodist University and a Master of Business Administration degree from the UCLA Anderson School of Management.
Bryan currently teaches at University of California at Santa Cruz. He also provides consulting expertise to multiple Santa Cruz independent and charter schools, and is involved with companies developing tools for online education. He was founding head of New Roads School in Santa Monica, California, from 1995-2013. He earned a Bachelor of Arts degree from the State University of New York at Stony Brook, a Master of Science degree from the University of California at Los Angeles and a J.D. and Ph.D. from the State University of New York at Buffalo.
“Jay and Dave offer a wealth of unique experience that will be invaluable to the company as we grow, make acquisitions and invest in value-added customer service programs. We look forward to benefiting from their advice and counsel at an exciting time in the company’s evolution,” said Selwyn Joffe, chairman, president and CEO of Motorcar Parts of America Inc.
