Business
U.S. Automotive Leaders and Former Cox Automotive & Manheim Executives Join PowerBand as Commercialization Advisors
VANCOUVER, BC / ACCESSWIRE / October 2, 2020 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:...
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[{"type":"text","content":"U.S. Automotive Leaders and Former Cox Automotive & Manheim Executives Join PowerBand as Commercialization AdvisorsVANCOUVER, BC / ACCESSWIRE / October 2, 2020 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) (\"PowerBand\", \"PBX\" or the \"Company\") is pleased to announce that two of the U.S. automotive industry's proven leaders in retail are joining the Company as senior advisors.John Canales and Brent Green - with a combined seven decades of leadership experience ranging from the dealership floor to software to senior executive roles at the auction houses Cox Automotive Inc. and Manheim - are beginning their advisory roles immediately.The two men, who are also seasoned entrepreneurs, will assist in the commercialization of PowerBand's virtual platform that is transforming how drivers and dealers buy, sell, lease, trade and finance vehicles using smart phones and other digital devices, from any location. The platform is being introduced to U.S. markets under the brand DRIVRZ.\"PowerBand is now in full commercialization mode, able to operate in 14 states, with a combined population of more than 200 million,\" said PowerBand CEO Kelly Jennings. \"John Canales and Brent Green bring the knowledge and leadership that will make PowerBand, and our brand DRIVRZ, a national presence and essential go-to-retail tool for potentially millions of drivers as well as the dealerships who serve them.\"John Canales began his automotive career in 1990. He brings a unique perspective to the automotive industry with a wide-ranging background in dealership operations and software sales solutions that are disruptive and drive higher gross margins.By the time he was 30 years old, Mr. Canales operated the highest volume dealership in America. This led to opening his own dealership, where he focused on retail and inventory software development. He sold his dealership in 2008, and accepted a position with DealerTrack Technologies, where he delivered more than USD $80 million in revenue. He was the salesman of the year for 9 consecutive years and was awarded the company's highest distinction, The Chairman's Award, by CEO and Founder Mark O'Neil, which has only been given to five employees in the company's history.In 2015 Cox Automotive acquired DealerTrack Technologies and Mr. Canales was promoted to Director for Enterprise Dealershi...