STOCK TITAN

ECD Auto Design Announces Addition of Chief Revenue Officer Kevin Kastner

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

ECD Automotive Design (Nasdaq: ECDA) has appointed Kevin Kastner as Chief Revenue Officer (CRO). Kastner, an experienced marketing executive, will focus on driving sales and price point growth through new market channels, managing revenue streams, and developing the company's upcoming retail strategy. His previous experience includes director roles at Moss Motors , marketing management at AMSOIL, Inc., and CEO positions at Iron Dog and MacKinnon Marine. The appointment aims to strengthen ECD's sales organization and help fill factory capacity.

ECD Automotive Design (Nasdaq: ECDA) ha nominato Kevin Kastner come Chief Revenue Officer (CRO). Kastner, un esperto dirigente nel marketing, si concentrerà sull'incremento delle vendite e sulla crescita dei prezzi attraverso nuovi canali di mercato, gestendo i flussi di entrate e sviluppando la strategia di vendita al dettaglio dell'azienda. La sua esperienza precedente include ruoli da direttore presso Moss Motors, gestione marketing presso AMSOIL, Inc., e posizioni di CEO presso Iron Dog e MacKinnon Marine. Questa nomina mira a rafforzare l'organizzazione commerciale di ECD e ad aiutare a sfruttare la capacità della fabbrica.

ECD Automotive Design (Nasdaq: ECDA) ha nombrado a Kevin Kastner como su Chief Revenue Officer (CRO). Kastner, un ejecutivo de marketing experimentado, se enfocará en impulsar las ventas y el crecimiento de precios a través de nuevos canales de mercado, gestionando las corrientes de ingresos y desarrollando la próxima estrategia minorista de la empresa. Su experiencia previa incluye roles de director en Moss Motors, gestión de marketing en AMSOIL, Inc., y posiciones de CEO en Iron Dog y MacKinnon Marine. La designación tiene como objetivo fortalecer la organización de ventas de ECD y ayudar a llenar la capacidad de la fábrica.

ECD Automotive Design (Nasdaq: ECDA)는 Kevin Kastner를 최고 수익 책임자(CRO)로 임명했습니다. Kastner는 경험이 풍부한 마케팅 경영자로서, 새로운 시장 채널을 통해 판매 및 가격 성장 촉진, 수익 흐름 관리, 그리고 회사의 다가오는 소매 전략 개발에 집중할 것입니다. 그의 이전 경력에는 Moss Motors에서의 이사 역할, AMSOIL, Inc.에서의 마케팅 관리, Iron Dog와 MacKinnon Marine에서의 CEO 직책이 포함됩니다. 이번 임명은 ECD의 영업 조직을 강화하고 공장 용량을 채우기 위한 것입니다.

ECD Automotive Design (Nasdaq: ECDA) a nommé Kevin Kastner au poste de Chief Revenue Officer (CRO). Kastner, un cadre expérimenté dans le marketing, se concentrera sur l'accroissement des ventes et la croissance des prix par le biais de nouveaux canaux de marché, la gestion des flux de revenus et le développement de la stratégie de vente au détail de l'entreprise. Son expérience précédente comprend des postes de directeur chez Moss Motors, la gestion marketing chez AMSOIL, Inc., et des postes de PDG chez Iron Dog et MacKinnon Marine. Cette nomination vise à renforcer l'organisation commerciale d'ECD et à aider à occuper la capacité de l'usine.

ECD Automotive Design (Nasdaq: ECDA) hat Kevin Kastner zum Chief Revenue Officer (CRO) ernannt. Kastner, ein erfahrener Marketing-Manager, wird sich darauf konzentrieren, den Umsatz und das Preiswachstum durch neue Marktkanäle voranzutreiben, Einnahmequellen zu verwalten und die bevorstehende Einzelhandelsstrategie des Unternehmens zu entwickeln. Zu seinen bisherigen Erfahrungen gehören Direktorenrollen bei Moss Motors, Marketingmanagement bei AMSOIL, Inc. und CEO-Positionen bei Iron Dog und MacKinnon Marine. Die Ernennung zielt darauf ab, die Vertriebsorganisation von ECD zu stärken und dabei zu helfen, die Kapazität des Werks zu nutzen.

Positive
  • Strategic appointment of experienced automotive industry executive to drive sales growth
  • Development of new retail strategy to expand market channels
  • Addition of leadership with proven track record in automotive sales and marketing
Negative
  • None.

Insights

This management change, while bringing in experienced talent, is not immediately impactful for investors. While Mr. Kastner's background in automotive sales and marketing is impressive, particularly at Moss Motors and AMSOIL, the appointment of a CRO below CEO level typically doesn't warrant immediate investor attention for a micro-cap company with a $33.8M market cap. His role in developing a retail strategy could be significant long-term, but without specific financial targets, expansion plans, or immediate revenue impact, this news falls into the category of routine corporate updates.

KISSIMMEE, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (Nasdaq: ECDA) (“ECA Auto Design” or the “Company”), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, Ford Mustangs, and Toyota FJs announced the addition of experienced marketing executive, Kevin Kastner as Chief Revenue Officer (CRO).

As CRO, Mr. Kastner will be tasked with driving sales and price point growth through new market channels. He will be responsible for managing all aspects of the revenue stream within the organization, with the aim of meeting or exceeding annual projections. Kevin will help develop our retail strategy that we intend to launch soon.

“We are pleased to welcome an experienced marketing and sales executive in the automotive industry like Kevin to ECD to help fill our factory and drive additional sales,” said Scott Wallace, CEO of ECD Auto Design. “Kevin has extensive experience helping build and evolve successful sales organizations and businesses. We look forward to working with Kevin and providing future updates on our sales progress.”

Before joining ECD Auto Design, Mr. Kastner served as the director of sales and marketing at Moss Motors Ltd., where he played a pivotal role in enhancing the brand presence of this classic British auto parts provider. At AMSOIL, Inc., he excelled as a Marketing Manager, driving growth for their synthetic lubricants and fuel additives. As the former CEO of Iron Dog, Mr. Kastner led the world’s longest, toughest snowmobile race, traversing 2,500 miles of Alaskan backcountry for seven years, showcasing his ability to navigate challenging markets and build resilient organizations.

Kevin Kastner’s leadership journey also includes helping launch the commercial utility boat segment at Alumaski’s MacKinnon Marine, where he served as Marketing Director and CEO. His educational background includes studying Mechanical Engineering at the University of Oklahoma and Southern Nazarene University. Kevin's hands-on approach and diverse expertise are further highlighted by his Class B commercial driver’s license with motorcycle endorsement and a private pilot license.

About ECD Auto Design

ECD, a public company trading under the symbol ECDA on the Nasdaq Stock Market, is a creator of restored luxury vehicles that combines classic English beauty with modern performance. Currently, ECD restores Land Rovers Defenders, Land Rover Series IIA, the Range Rover Classic, the Jaguar E-Type and we have recently added the Ford Mustang and Toyota FJs. Each vehicle produced by ECD is fully bespoke, a one-off that is designed by the client through an immersive luxury design experience and hand-built from the ground up in 2,200 hours by master-certified Automotive Service Excellence ("ASE") craftsmen. The company was founded in 2013 by three British “gear heads” whose passion for classic vehicles is the driving force behind exceptionally high standards for quality, custom luxury vehicles. ECD’s global headquarters, known as the "Rover Dome," is a 100,000-square-foot facility located in Kissimmee, Florida that is home to 90 talented craftsmen and technicians, who hold a combined 61 ASE and five master level certifications. ECD has an affiliated logistics center in the U.K. where its seven employees work to source and transport 25-year-old work vehicles back to the U.S. for restoration. For more information, visit www.ecdautodesign.com.

Investor Contact:
Brian M. Prenoveau, CFA
MZ Group – MZ North America
ECDA@mzgroup.us
+561 489 5315

SOURCE: ECD Automotive Design, Inc.


FAQ

Who is the new Chief Revenue Officer of ECD Automotive Design (ECDA)?

Kevin Kastner has been appointed as the new Chief Revenue Officer of ECD Automotive Design (ECDA).

What will be Kevin Kastner's main responsibilities at ECD Automotive Design (ECDA)?

As CRO, Kastner will be responsible for driving sales and price point growth through new market channels, managing revenue streams, and developing the company's retail strategy.

What is Kevin Kastner's previous experience before joining ECD Automotive Design (ECDA)?

Kastner previously served as director of sales and marketing at Moss Motors , marketing manager at AMSOIL, Inc., CEO of Iron Dog, and Marketing Director/CEO at MacKinnon Marine.

ECD Automotive Design, Inc.

NASDAQ:ECDA

ECDA Rankings

ECDA Latest News

ECDA Stock Data

33.26M
34.65M
83.18%
1.47%
0.2%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
Link
United States of America
HINGHAM