Keystone Automotive Industries Selects New Chief Executive Officer

Keystone Automotive Industries Inc., of Pomona, Calif., has announced the selection of Richard L. Keister as its chief executive officer, succeeding Charles J. Hogarty upon his retirement on August 31. Hogarty will remain with the company as a consultant for a two-year period thereafter.

Keister, who will join Keystone to begin the transition on June 1, most recently served as president of Delco Remy International's Aftermarket Group - joining that company in 1997 following Delco Remy's acquisition of World Wide Automotive.

He was the co-founder of the predecessor company to World Wide Automotive, serving from 1976 as president and chief executive officer of the start-up venture.

"The selection of Rick Keister as a successor to Charlie Hogarty was based on a variety of factors, including Rick's excellent leadership skills, his commitment to personal and business growth, as well as his solid industry experience and extensive knowledge about a wide range of automotive aftermarket products and distribution systems." said Ronald G. Foster, chairman of Keystone Automotive "We are delighted that Rick has accepted our offer and look forward to continuing to build upon the strong foundation that Charlie Hogarty established during his tenure."