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Wednesday, August 19, 2009

New board members

We're announcing two new board members today -- two guys who have very impressive resumes and should help take Guidepoint to the next level as a company. Their names are Al Giombetti and Walter Young, and they are both senior level executives with substantial experience in the automotive, manufacturing and tranportation businesses.

Al (top left) is the former President of Ford-Lincoln-Mercury, and he brings three decades of automotive executive experience in both domestic and international markets to Guidepoint’s board. Al spent most of his career at Ford until earlier this year when he left to start ASK Consulting, which specializes in strategic and operations planning, and as a Partner in Compass Marketing, LLC, an investment firm. His professional affiliations have included board positions with the Country Music Hall of Fame in Nashville, where he chaired the marketing committee, and King’s College Business School.

Walt (bottom left) brings Guidepoint a broad range of corporate experience, including growth initiatives, M&A and organizational turnarounds, to his board role at Guidepoint. Young served for 13 years as Chairman, CEO and President of Champion Enterprises, one of the nation’s largest builders of manufactured homes. Prior to joining Champion, he served as a senior-level executive with several companies including Wheelbarator Corp., The Budd Company, The Henley Group and B.F. Goodrich. Mr. Young has completed 23 domestic and international organization turnarounds in a variety of industries (tire, chemical, automotive, transportation, foundries, machine tools, manufactured housing) and over 75 successful mergers, acquisitions and divestures.

Here's what Rand had to say: “We are very pleased to add Al and Walt to our board, and look forward to leveraging their expertise. Guidepoint has continued to grow at a double-digit rate despite the challenging economic conditions, and we are preparing to launch new growth initiatives for automotive OEMs, the aftermarket and other channels. Being able to tap the decades of experience and winning attitude that Al and Walt bring to every endeavor is a huge plus for Guidepoint as well as its customers and suppliers.”