News: Consolidator Report
Service King Collision Repair Centers, the nation’s largest employee-owned operator of collision repair centers, announced that Service King President Cathy Bonner will become CEO of the company. Current CEO and Service King founder Eddie Lennox will continue as chairman of the board.
Moving into the president’s role is Chris Abraham, currently vice-president of the Houston market. Jeff McFadden will take the role of executive vice president.
Lennox said, "Service King has the best leadership team in the collision industry. Cathy Bonner has added 17 new locations now covering 70 percent of the Texas population."
Lennox added that Bonner’s next goal is to lead the second growth phase, making Service King a national company by adding assets beyond the Texas borders.
Also joining the executive leadership team in new positions are Eileen Clark, chief financial officer, and Michael Devendorf, chief operating officer.
"This is the future leadership of Service King, and I am so excited about the possibilities for us," said Lennox. "This leadership team has, combined, over 100 years of corporate business experience."