Nardelli joins Pep Boys board

PHILADELPHIA (March 3, 2015)  — Robert Nardelli, former chairman and CEO of Home Depot and Chrysler Group L.L.C., has joined Pep Boys – Manny, Moe & Jack's board of directors.

With the appointment, Pep Boys has increased the size of its board to nine directors from eight.

Mr. Nardelli is the founder and CEO of XLR-8 L.L.C., an investment and advisory firm that helps companies identify weaknesses and improve performance.

In addition to his roles at Home Depot and Chrysler, Pep boys said he is widely recognized as “one the best operating executives in the United States, having served for more than 30 years in senior positions at General Electric.”

Mr. Nardelli, about whom former GE chief executive Jack Welch once said is “the best operating executive I've ever seen,” also serves as a director of Babcock & Wilcox Co. and the Wounded Warriors Project, and as a trustee of the Savannah College of Art and Design and the Cristo Rey Atlanta Jesuit High School.

Robert Hotz, Pep Boys' board chairman, said the company is “pleased to have Bob join our board and welcome his extensive operating expertise and insight.”

Mr. Nardelli said he's “excited and proud to be joining the board of Pep Boys and to be returning to the automotive industry….”

Philadelphia-based Pep Boys operates more than 7,500 service bays in over 800 locations in 35 states and Puerto Rico.