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Pep Boys Appoints Hotz Chairman of the Board

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PHILADELPHIA — Pep Boys today announced that independent director Robert Hotz was appointed chairman of the board of directors.

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Hotz, who has been a Pep Boys board member since 2005 and serves on its compensation and audit committees, is senior managing director, co-head of investment banking, a member of the operating committee and co-chairman of the investment banking firm Houlihan Lokey Howard & Zukin Inc. In addition, he serves as a director of Universal Health Services Inc.

Hotz succeeds Max Lukens, who resigned from his director and chairman positions for personal reasons.

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