Winnipeg, Manitoba — January 4, 2017 — Boyd Group Income Fund has appointed Tim O’Day to the positions of President and Chief Operating Officer for the Fund. In his new role, O’Day will have operating responsibility for the entire company, including operations in both the United States and Canada.
Concurrent with this change, Brock Bulbuck will stay on as CEO, but relinquishes the “President” title, which he has held along with CEO since 2010. O’Day, and the Fund’s Executive Vice President & 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,” said 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.”
O’Day joined Gerber Collision & Glass in February 1998. He was appointed Chief Operating Officer for Boyd’s US Operations when the company acquired Gerber in 2004. In 2008, he was appointed President and Chief Operating Officer for US Operations. Prior to joining Gerber, O’Day was with Midas International as Vice President, Western Division, and responsible for a territory that encompassed 500 Midas locations. He holds a Bachelor’s degree in Business & Accounting from Michigan State University.
“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,” said Bulbuck. “As we continue to grow, Tim is uniquely qualified to ensure that our commitments to these objectives are maintained across our entire business.”
The Boyd Group acquired a total of 58 facilities in 2016, with the majority of these acquisitions located in the US. The Boyd Group is headquartered in Winnipeg and has a large presence in Manitoba, Saskatchewan, Alberta and British Columbia. The company also operates Queensway Auto Body in Kitchener, Ontario. There are 49 autobody facilities in the company’s Canadian chain, including four centres in BC acquired in 2016. The company’s US arm is significantly larger, consisting of 365 locations including Gerber Glass facilities.
“I am very pleased and excited to be taking on this expanded role,” said 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.”