Capital Automotive REIT (CARS). Message Board

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Strategies & Market Trends : Capital Automotive REIT (CARS).

CARS 10.74

+1.2%

Oct 31 9:30 AM EST

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To: mod who wrote (5)	4/22/1998 2:40:00 PM
From: Paul Lee	of 46

Nice management addition Donald L. Keithley Joins Capital Automotive REIT Former J.D. Power and Associates Partner in Charge of Dealer Relations MCLEAN, Va., April 22 /PRNewswire/ -- Capital Automotive REIT (Nasdaq: CARS) announced the appointment of Donald L. Keithley as Executive Vice President of Business Development. Prior to joining Capital Automotive, Mr. Keithley was the J.D. Power and Associates Partner in charge of Dealer Relations from 1984 to 1997. In 1996, Mr. Keithley authored "The Revolution in Automotive Retailing: A Perspective of the New Millennia," a book which addresses the rapidly evolving changes in the dealership franchise system. Mr. Keithley's primary role at J.D. Power and Associates was to create a group of the nation's largest retail automobile dealers called the Auto Retailer Roundtable. He is also credited with launching the International Automotive Roundtable. Prior to joining J.D. Power and Associates, Mr. Keithley was Regional Manager for Toyota's five-state New England area. Mr. Keithley was previously National Market Representation Manager for Toyota Motor Distributors, U.S.A and enjoyed a 17-year tenure with Ford Motor Company. Thomas D. Eckert, president and chief executive officer, stated, "We are pleased to have attracted an executive with such extensive automotive experience to Capital Automotive. Don's significant industry background and relationships will be beneficial to our mission and strategy of creating long standing relationships with the highest quality dealers in the country. We look forward to Don's contributions."

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