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U.S. Auto Parts Appoints Investment Adviser David Kanen To Board Of Directors 

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.

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U.S. Auto Parts Network, one of the largest online providers of aftermarket automotive parts and accessories, has appointed David Kanen to its board of directors, effective immediately. His appointment expands the board to nine members and fills an open vacancy.

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. Prior to founding Kanen Wealth Management, he held several investment advisory positions over the course of his career, including serving as an independent adviser for Aegis Capital and financial advisor for A.G. Edwards & Sons. Kanen also serves on the board of directors for Famous Dave’s of America Inc., which develops, owns, operates and franchises barbeque restaurants.

“We are delighted to welcome David to our board. David brings nearly three decades of advisory and leadership experience,” said Barry Phelps, chairman of the board for U.S. Auto Parts. “His strategic insight will be an invaluable asset as the company looks to capitalize on the growing online demand for aftermarket auto parts. And with the addition of our largest stockholder to the board, we believe our stockholders’ interests will be very well-aligned with the strategic direction from our board.”

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Kanen commented, “U.S. Auto Parts is uniquely positioned to serve today’s consumer with a robust e-commerce platform and marketplace business that provides affordable aftermarket auto parts to consumers across the country. I look forward to collaborating with the rest of the board and management team as we develop and refine leading strategies to return U.S. Auto Parts to growth and deliver stockholder value.”

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