CarParts.com Announces New Board Members After Strategic Investment
CarParts.com, Inc. recently informed stakeholders of notable changes within its Board of Directors after receiving a strategic investment from various respected organizations, including ZongTeng Group, A-Premium, and CDH Investments. The announcement, made on October 8, 2025, comes as the company seeks to strengthen its governance and strategic direction.
Henry Maier and James Barnes, who have been instrumental in guiding the company through its recent phases of growth and development, have opted to resign from the board, effective October 7, 2025. Their departure marks the end of an era characterized by innovative strategies that have positioned CarParts.com as a leading e-commerce platform for automotive parts and accessories.
The strategic investment marks a significant turning point for CarParts.com. ZongTeng Group, recognized as a premier global logistics entity; A-Premium, an authority in mechanical parts procurement and marketing; and CDH Investments, a respected asset management firm, bring a wealth of expertise and resources to the table.
To oversee these advancements, new board observers have been designated: Thomas Yunlong Man and Na 'Mina' He. Both individuals come with impressive credentials and a deep understanding of international business practices. Thomas Man's career has spanned over 17 years as a partner in leading law firms, where he has cultivated expertise in mergers and acquisitions, emphasizing cross-border transactions. His academic accolades include a J.D. from Indiana University and a Ph.D. in American Constitutional History from Johns Hopkins University. He currently holds a professorship at Peking University, continuing to influence the next generation of legal professionals.
On the other hand, Mina He brings notable financial and investment insights to the board. Holding a Master's degree in Economics and significant experience as an Investment Manager at Fujian Zongteng Network Co., Ltd., she has become adept at managing industrial investment projects, ensuring efficient post-investment management processes. Her analytical skills and commitment to transparency are expected to provide valuable perspectives as CarParts.com navigates future challenges in the automotive sector.
Barry Phelps, chairman of the board, expressed utmost gratitude toward the resigning members, stating, "Henry and Jim have been exceptional board members who made significant contributions during a pivotal time in CarParts.com’s evolution. Their expertise, dedication, and strategic counsel have been instrumental in building the foundation for our future growth." As the company transitions to its new leadership team, there’s an air of optimism among stakeholders.
David Meniane, CEO of CarParts.com, echoed these sentiments while welcoming the new observers, emphasizing the substantial benefit of their expertise in steering the company towards further growth and innovation.
Post these changes, the CarParts.com Board is composed of six directors. This restructuring aims to reinforce the commitment to providing quality automotive parts for consumers while enhancing distribution efficiency and customer service.
CarParts.com stands as a pioneer in the e-commerce sector for automotive components, catering to a diverse range of customer needs. Boasting over a million quality parts and accessories, the company has dedicated itself to offering a seamless shopping experience and exceptional value that is supported by a robust distribution network and an experienced customer service team.
As CarParts.com closes this chapter and embarks on a new journey under its restructured leadership, all eyes will be on how these strategic adjustments shape the company's future within the competitive automotive e-commerce landscape, particularly in meeting the demands of modern consumers proactively and efficiently.
Henry Maier and James Barnes, who have been instrumental in guiding the company through its recent phases of growth and development, have opted to resign from the board, effective October 7, 2025. Their departure marks the end of an era characterized by innovative strategies that have positioned CarParts.com as a leading e-commerce platform for automotive parts and accessories.
The strategic investment marks a significant turning point for CarParts.com. ZongTeng Group, recognized as a premier global logistics entity; A-Premium, an authority in mechanical parts procurement and marketing; and CDH Investments, a respected asset management firm, bring a wealth of expertise and resources to the table.
To oversee these advancements, new board observers have been designated: Thomas Yunlong Man and Na 'Mina' He. Both individuals come with impressive credentials and a deep understanding of international business practices. Thomas Man's career has spanned over 17 years as a partner in leading law firms, where he has cultivated expertise in mergers and acquisitions, emphasizing cross-border transactions. His academic accolades include a J.D. from Indiana University and a Ph.D. in American Constitutional History from Johns Hopkins University. He currently holds a professorship at Peking University, continuing to influence the next generation of legal professionals.
On the other hand, Mina He brings notable financial and investment insights to the board. Holding a Master's degree in Economics and significant experience as an Investment Manager at Fujian Zongteng Network Co., Ltd., she has become adept at managing industrial investment projects, ensuring efficient post-investment management processes. Her analytical skills and commitment to transparency are expected to provide valuable perspectives as CarParts.com navigates future challenges in the automotive sector.
Barry Phelps, chairman of the board, expressed utmost gratitude toward the resigning members, stating, "Henry and Jim have been exceptional board members who made significant contributions during a pivotal time in CarParts.com’s evolution. Their expertise, dedication, and strategic counsel have been instrumental in building the foundation for our future growth." As the company transitions to its new leadership team, there’s an air of optimism among stakeholders.
David Meniane, CEO of CarParts.com, echoed these sentiments while welcoming the new observers, emphasizing the substantial benefit of their expertise in steering the company towards further growth and innovation.
Post these changes, the CarParts.com Board is composed of six directors. This restructuring aims to reinforce the commitment to providing quality automotive parts for consumers while enhancing distribution efficiency and customer service.
CarParts.com stands as a pioneer in the e-commerce sector for automotive components, catering to a diverse range of customer needs. Boasting over a million quality parts and accessories, the company has dedicated itself to offering a seamless shopping experience and exceptional value that is supported by a robust distribution network and an experienced customer service team.
As CarParts.com closes this chapter and embarks on a new journey under its restructured leadership, all eyes will be on how these strategic adjustments shape the company's future within the competitive automotive e-commerce landscape, particularly in meeting the demands of modern consumers proactively and efficiently.
Topics Consumer Products & Retail）
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