LMP Automotive Holdings, Inc. Appoints Richard Aldahan as Chief Operating Officer
July 28, 2020 at 01:00 pm
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LMP Automotive Holdings, Inc. announced the appointment of B. Richard Aldahan as its Chief Operating Officer. Mr. Aldahan’s qualifications span 37 years of automotive industry experience. From 1993 to 2020, Mr. Aldahan held various executive positions as an Owner and Dealer Principal, General Manager, and Treasurer for 13 franchised brands, including Toyota, Chevrolet, Hyundai, and Nissan. LMP believes Mr. Aldahan’s high-level of automotive dealership exposure will bring significant operational, financial and acquisitions expertise to execute its strategies. Effective immediately, Mr. Aldahan will assume responsibility for marketing, operations, and financial and operational due diligence of prospective acquisitions as well as the alignment and prioritization of Company investments to ensure operational excellence across all LMP holdings.
LMP Automotive Holdings, Inc. is an e-commerce and facilities-based automotive retailer in the United States. The Company offers a range of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance. Its e-commerce technology and strategy are designed to disrupt the industry by leveraging its selection of owned inventories and physical logistics networks. The Company seeks to provide customers with both online and in person services. Its physical logistics network enables it to provide convenient free delivery points for customers and provide services throughout the entire ownership life cycle. The Company uses digital technologies to lower its customer acquisition costs and achieve operational efficiencies.
LMP AUTOMOTIVE HOLDINGS, INC. 
