Caliber Collision Centers Names David Riggan SVP, CFO

November 7, 2002

Caliber Collision Centers, an Irvine, Calif.-based operator of high-quality collision repair facilities in California and Texas, has named David Riggan its senior vice president and CFO.

“With extensive experience in multi-unit operations, financial management, acquisition integration and capital planning and management, David’s skills will complement and strengthen our senior management team as we continue to lead change within the collision repair industry,” said Matthew Ohrnstein, chairman of the Board and CEO for Caliber Collision Centers. “We’re confident that David’s demonstrated ability to manage financial operations in a competitive, rapidly changing environment will enhance the quality and value we offer our insurance company clients and customers.”

As CFO for Caliber, Riggan will have responsibility for all of Caliber’s accounting and information technology functions, financial reporting, cash management, operations budget, risk management and corporate financial planning.

Riggan brings over 25 years of professional financial experience to Caliber Collision Centers. Prior to joining Caliber Collision Centers, Riggan was senior vice president, chief financial and administrative officer for 24 Hour Fitness USA Inc. and was responsible for cash and financial management, strategic/financial planning, customer service processes, member transactions processing, purchasing, and facilities management operations. Prior to joining 24 Hour Fitness USA Inc., Riggan served as vice president, Finance for Cobra Golf Inc. and CFO for AmeriGas Propane Inc.

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