Caliber Collision Centers announced the appointment of Steve Grimshaw to serve as CEO of the company, replacing current President and CEO John Hovis. Grimshaw has more than 20 years of experience operating multi-store retail locations. Most recently, Grimshaw worked at Safety-Kleen Systems, Inc. where he was executive vice president in charge of the western half of Safety Kleen’s U.S. operations with over $1 billion of revenue.
“I’m thrilled with the opportunity to lead Caliber in the next stage of its growth,” said Grimshaw. “Alongside some of the most talented people in the collision industry, we will continue to build upon the operational excellence that Caliber stands for and look to accelerate our new store growth over the coming years.”
Earlier this year, Hovis approached the board and suggested the company needed additional resources to grow its number of locations or geographic markets more rapidly and would benefit from a new leader that could facilitate this growth. Together, Hovis and ONCAP Management Partners L.P. (ONCAP) searched for a new CEO.
“The search process was rigorous, and when we met Steve the entire board unanimously agreed that we’d found the right leader for our company,” said Michael Lay, managing partner of ONCAP. “His proven operational skills and demonstrated financial results complement the strong team we have in place at Caliber. We are confident he will prove to be a very successful leader of our management team in the years ahead.”
Speaking on behalf of Caliber’s board of directors, Lay said: “John’s contributions as president and CEO of Caliber have been exemplary. In addition to the growth of the company during his tenure, there are three key areas that will mark his legacy to Caliber – his passionate commitment to safety, operational excellence and values-based leadership.”
Caliber currently owns and operates 68 collision repair facilities in California and Texas. Visit www.calibercollision.com for more information.