Dealer Corner

Advisory Board

James V. Latch

Mr. Latch is an executive leader with a proven track record of building new businesses and growing existing platforms profitably. He has demonstrated talent in general management, strategic innovation, business and organizational development, entrepreneurial drive and financial discipline. Mr. Latch is one of the founders and Managing Partners of LRST, LLC established in 2010. He served as President and Managing Partner of Guardian Auto Glass, LLC. Previously, Mr. Latch held various GM, VP, JV board and President positions for PPG Industries including Executive Vice President of PPG’s Auto Glass & Services Business, (PGW). Mr. Latch led the start-up of LYNX Services, LLC for PPG and the formation of the Services business to become the industry leader.

Gerald L. Ray

Mr. Ray has a varied and distinguished career in the glass industry beginning with a variety of positions in the flat and automotive glass segments. His career began with Libbey Owens Ford (LOF, now Pilkington NA) as Regional Manager for Automotive Glass. He later became Regional Vice President of Solaglas International, a South African-based manufacturer/distributor of automotive glass. He was co-owner of Western Windshields, a distribution company where he focused on expansion and improving the profit performance of the company. Western was successfully sold to PPG Industries in 1992. Mr. Ray then cofounded and was Managing Partner of Elite Auto Glass/Glaspro, a retail automotive glass business. The business became widely regarded as one of the most successful retail auto glass operations in the US successfully sold to Belron, the world’s largest retail auto glass company. In 2006 Mr. Ray founded Pacific Fabrication and Distribution, a business formed to distribute glass products to the heavy truck segment and successfully sold it to Orion in 2010. Mr. Ray is a founder and Managing Partner of LRST, LLC.

Marc E. Talbert

Mr. Talbert is an executive leader with broad experience in general management, sales and operational leadership with strengths in organizational design, strategic planning, business growth and financial discipline. He is a Managing Partner and one of the founding members of LRST, LLC. He previously served as Vice President and Managing Partner of Guardian Auto Glass, LLC. Prior to this Mr. Talbert served for 29 years with PPG Industries, holding key general management and leadership roles within PPG’s automotive replacement glass division (ARG). Mr. Talbert was part of the integration team that formed PPG Auto Glass, LLC in 2000, the joint venture between PPG and Apogee Enterprises. He served as President and board member of PPG Auto Glass until 2008.

Legal Counsel

Brian Fenske

Mr. Fenske is Partner at Fulbright & Jaworski LLP in Houston, Texas. He has a broad-based corporate and securities practice including extensive experience in mergers and acquisitions, IPOs and other public and private offerings of equity and debt securities and venture capital financings. His practice includes representation of clients in a broad range of industries including energy, technology, software,telecom, alternative energy, consumer products, retail, healthcare and others. Mr. Fenske has been involved in over 200 M&A transactions and more than 50 public and private offerings of equity and debt securities representing companies, investment bankers and venture capitalists.

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