Pep Boys CEO Mike Odell Resigns; Names John Sweetwood Interim Chief

(RTTNews) - 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.