Liu is CEO and co-founder of Enplug, a leading digital display software company used by Fortune 500 companies.
The rebrand is the culmination of detailed user testing and research as well as an extensive review of customer feedback.
David Morris will lead global sourcing, merchandising and product development for CarParts.com and JC Whitney.
Net sales were $73.7 million compared to $77 million. Gross profit increased 6% to $21.8 million compared to $20.5 million. As a percentage of net sales, gross profit increased 280 basis points to 29.5% compared to 26.7%.
Meniane brings extensive experience in consumer products as both an operator and financier. He previously served as executive vice president of L.A. Libations, an incubation partner to the Venturing & Emerging Brands group at the Coca-Cola Co.
Kanen currently serves as the managing member of Kanen Wealth Management, a registered investment adviser, and is the largest stockholder of U.S. Auto Parts.
Peker will succeed Coleman, who was named CEO and director in April 2017 following the resignation of Shane Evangelist, who previously held the same role. Coleman announced a “mutually agreed upon succession plan” in October.
Net sales in the third quarter of 2018 were $69.5 million compared to $73.8 million in the year-ago quarter.
Net sales in the second quarter of 2018 were $77 million compared to $80.2 million in the year-ago quarter. The decrease was largely driven by a 9 percent decrease in e-commerce sales attributable to a decrease in e-commerce traffic and lower in-stock rates resulting from the company’s previously disclosed customs issue.
Shane Evangelist, who served as U.S. Auto Parts CEO and a director since 2007, submitted his resignation to the board and strongly recommended that the board implement its succession plan and name Coleman as CEO.