Auto parts retailer Pep Boys - Manny, Moe & Jack (PBY) Friday said it's President, Chief executive and Director Mike Odell has resigned. The company named John Sweetwood as interim Chief, effective immediately.
Sweetwood has been on Pep Boys' board since 2002, and is currently the President of Woods Investment, LLC, a private real estate investment firm. Previously, he was the President of the Americas Six Continents Hotels, that operates hotels under the InterContinental, Crown Plaza, Holiday Inn and other brands.
The board plans to consider internal and external candidates for the position of a permanent CEO.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.