WESTCHESTER, Ill., Nov. 19, 2015 (GLOBE NEWSWIRE) -- Fenix Parts, Inc. (Nasdaq:FENX), a leading recycler and reseller of original equipment manufacturer (“OEM”) automotive products, announced today that its board of directors has unanimously elected Seth Myones as a director of the company. Mr. Myones was also appointed to serve on the audit committee, and his election increases the size of the Fenix Parts board to seven.
Mr. Myones served as the Chief Operating Officer and Executive Vice President of Covanta Holding Corporation, a provider of waste-to-energy, waste disposal and renewable energy solutions, from March 2012 through April 2015. Prior to that, he held several positions with Covanta Energy Corp., a wholly-owned subsidiary of Covanta Holding Corporation, including President, Covanta Americas and Senior Vice President of Business Management. Before that, he was Vice President of Waste-to-Energy Business Management at Covanta Projects, Inc. Mr. Myones currently serves on the board of directors and as chairman of the audit committee of Liberty Tire Recycling, LLC, a privately-held tire recycling company.
“We are delighted to welcome Seth Myones to our board of directors,” said Kent Robertson, CEO of Fenix Parts. "Seth is a proven leader with 25 years of operational, financial and management experience in the environmental services and recycling industries, and he will be a key resource as we continue to transform Fenix Parts into a premier auto recycling business. Seth’s appointment is an important part of our strategy to enhance our board of directors with qualified, independent candidates who bring a wealth of relevant experience to our business."
Mr Myones earned a Bachelor of Science degree in Industrial Engineering from the University of Buffalo, an MBA in Finance from New York University-Stern School of Business, and his CPA license from the State of Maryland.
About Fenix Parts
Fenix Parts is a leading recycler and reseller of original equipment manufacturer (“OEM”) automotive products. The company’s primary business is auto recycling, which is the recovery and resale of OEM parts, components and systems reclaimed from damaged, totaled or low value vehicles. Customers include collision repair shops (body shops), mechanical repair shops, auto dealerships and individual retail customers. Fenix provides its customers with high-quality recycled OEM products, extensive inventory and product availability, responsive customer service and fast delivery.
Fenix was founded in 2014 to create a network that offers sales, fulfillment and distribution in key regional markets in the United States and Canada. The Fenix companies have been in business an average of more than 25 years and operate from 16 locations.
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Source:Fenix Parts, Inc.