PARTS iD welcomes Lev Peker to its Board of Directors as Chair of the Audit Committee

– USA, NJ –  PARTS iD, Inc. (NYSE American: ID) the owner and operator of a leading digital commerce platform for the automotive aftermarket, today announced the appointment of Lev Peker to its board of directors, effective September 28, 2022, replacing Ann Schwister who stepped down from the board.

“Lev’s experience building and bringing to profitability disruptive online businesses, particularly in the automotive and automotive parts industry, makes him a valuable addition to our board. We’re pleased to welcome Lev and know that the Company and its shareholders will benefit from his industry expertise and track record of value creation,” said Chairman, Prashant Pathak.

Lev Peker will also join the audit committee as chairperson.

About Lev Peker

Mr. Peker served as CEO of CarParts.com, an e-commerce provider of automotive parts and accessories from 2019 to 2022. During his tenure, he returned the business to growth and delivered the highest annual profitability in the history of CarParts.com. In April 2022, Mr. Peker was appointed CEO of Carlotz, Inc., a leading consignment-to-retail used vehicle marketplace. Earlier in his career, he served as CMO at Adorama, a leading electronics retailer, and also held senior positions at Sears Holdings Corporation and US Auto Parts.

“I’ve long admired PARTS iD’s differentiated, technology-driven business model and the opportunity it presents for transforming the $400 billion automotive aftermarket industry,” said Lev Peker. “It’s an honor to join the board and I look forward to contributing to the strategy and direction of the company as we progress on delivering profitable growth and increasing long-term shareholder value.”

About PARTS iD, Inc.

PARTS iD is a technology-driven, digital commerce company focused on creating custom infrastructure and unique user experiences within niche markets. Founded in 2008 with a vision of creating a one-stop eCommerce destination for the automotive parts and accessories market, we believe that PARTS iD has since become a market leader and proven brand-builder, fueled by its commitment to delivering a revolutionary shopping experience; comprehensive, accurate and varied product offerings; and continued digital commerce innovation.

For more information: https://www.partsidinc.com/

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