Management ChangeJun 8, 2026, 04:07 PM
CarParts.com Appoints Tim Nauss as Independent Director
AI Summary
CarParts.com, Inc. announced the appointment of Tim Nauss as a new independent Class II director to its Board of Directors, effective immediately. The Board increased its size to seven members to accommodate the appointment. Mr. Nauss will serve until the 2029 Annual Meeting of Stockholders and will receive standard non-employee director compensation, including a $50,000 annual retainer.
Key Highlights
- CarParts.com appointed Tim Nauss as a Class II independent director.
- The Board of Directors increased its size to seven members.
- Mr. Nauss will serve until the 2029 Annual Meeting of Stockholders.
- He is deemed an independent director under Nasdaq listing standards.
- Mr. Nauss will receive a $50,000 annual retainer for his board service.
- He will also enter into the Company's standard indemnification agreement.
Price Impact
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