Boyd Group Income Fund has appointed Tim O'Day as president and chief operating officer.
O'Day will have operating responsibility for the entire company, including operations in both the US and Canada.
Concurrent with this change, Brock Bulbuck will become chief executive officer (CEO), thereby relinquishing the president title which he has held along with CEO since 2010.
O'Day, and the fund's executive vice president and CFO, Pat Pathipati, will continue to report to Bulbuck.
"This change is being made to better position Tim with company-wide operating oversight, responsibility and influence," says Bulbuck. "This, along with related changes that will be made in our operational management structure reporting to Tim, will better position our business with greater breadth and depth of senior management."
"Tim has played a key role in growing our network in the US and bringing new acquisitions and locations online, while at the same time maintaining our commitment to both operational excellence and financial performance," adds Bulbuck. "As we continue to grow, Tim is uniquely qualified to ensure that our commitments to these objectives are maintained across our entire business."
O'Day joined Gerber Collision & Glass in February 1998 and with Boyd Group's acquisition of Gerber in 2004, he was appointed chief operating officer for Boyd's US operations. In 2008, he was appointed president and chief operating officer for US operations. Before this, he was with Midas International, where he was elevated to vice president, western division, and responsible for a territory that encompassed 500 Midas locations.
"I am very pleased and excited to be taking on this expanded role," says O'Day. "Our opportunities at Boyd continue to be tremendous, and I look forward to working more closely with Brock to take advantage of these opportunities and create value for our unitholders."
