MPA’s Selwyn Joffe Receives 2024 Michael Cardone Leadership Award

Selwyn Joffe receives the Michael Cardone Leadership Award from John Chalifoux

LAS VEGAS, N.V. - Selwyn Joffe, chairman, president, and CEO of Motorcar Parts of America (Nasdaq: MPAA), has been named the recipient of the 2024 Michael Cardone Leadership Award, presented by MEMA Aftermarket Suppliers. The award was conferred during the 2024 AAPEX event in Las Vegas on November 6, where leaders gathered with MEMA to recognize outstanding achievements in advocacy, remanufacturing, and diversity, equity, and inclusion.

The Michael Cardone Leadership Award recognizes individuals who demonstrate exceptional leadership in remanufacturing and sustainable practices. Joffe's visionary leadership has significantly contributed to the growth and advancement of the automotive aftermarket industry.

"Selwyn Joffe's career is a testament to outstanding leadership and innovation," said John Chalifoux, chief operating officer of MEMA Aftermarket Suppliers. "His contributions have consistently set a benchmark for excellence, not just within Motorcar Parts of America but across the entire industry. He exemplifies the dedication and forward-thinking approach that this award was created to celebrate."

Joffe has served as chairman of the board at Motorcar Parts of America since 1999 and has been a director since 1994. Under his leadership, the company has made significant strides in sustainable practices and remanufacturing excellence. Before his tenure at Motorcar Parts of America, Joffe held prominent leadership roles, including chairman and CEO of Protea Group, Inc., president and CEO of Netlock Technologies, and co-founder and president of Palace Entertainment, Inc. He also led the Wolfgang Puck Food Company as president and CEO.

In addition to his extensive executive experience, Joffe has actively contributed to industry associations. He was a founding director of the Motor & Equipment Remanufacturers Association (MERA) division of MEMA and serves on the board of the California, Arizona, and Nevada Automotive Wholesaler's Association (CAWA). A graduate of Emory University with degrees in business and law, Joffe is also a certified public accountant.

"I am truly honored to receive the Michael Cardone Leadership Award," said Joffe. "This recognition reflects the dedication of my entire team at Motorcar Parts of America. Our commitment to sustainable manufacturing and innovation is at the heart of what we do, and I am proud to be part of an industry that prioritizes leadership, collaboration, and progress."

The Michael Cardone Leadership Award was established in 2017 to honor three generations of the Cardone family, founders of CARDONE Industries, which grew to become the largest family-owned remanufacturer of automotive parts in the world. The award highlights remanufacturing leaders who embody the values of vision, passion, teamwork, and excellence.

Previous recipients of the Michael Cardone Leadership Award include:

• Anita Barlow, Former Managing Director, N.A. Remanufacturing Operations, Delphi by BorgWarner (2023)
• The Employee Owners of SRC Holdings (2022)
• The late Eugene Neugebohr, President, Auto Electric International (2021)
• Michael Kitching, CEO, GB Remanufacturing (2020)
• Byron Schneidman, Partner, RSM US LLP (2019)
• Woody Knopf, Former Chairman, Knopf Automotive (2018)
• Eric Smith, Owner, Impression Products (2017)

Also honored during the award presentation was Eric Luftig of Dorman Products, who received the MEMA Aftermarket Suppliers Advocacy Champion Award, and Philip Austin of Niterra North America and Rebecca Conway of Clarios, who were awarded the Diversity, Equity, and Inclusion Leader Award.

About Motorcar Parts of America, Inc.

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts-including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company's electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train-providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.

About MEMA Aftermarket Suppliers 

MEMA Aftermarket Suppliers exclusively serves manufacturers of aftermarket components, tools and equipment, and related products, an important part of the automotive parts manufacturing industry which supports over 900,000 American jobs in all 50 states. MEMA Aftermarket Suppliers is a recognized industry change agent-promoting a collaborative industry environment, providing a forum to address issues, and serving as a valued resource for member companies. Members represent all areas of the aftermarket including light vehicle, commercial vehicle, and remanufacturing. MEMA Aftermarket Suppliers is a membership group within MEMA, The Vehicle Suppliers Association. 

MEMA is the leading North American trade association for vehicle suppliers, parts manufacturers, and remanufacturers. Automotive and commercial vehicle suppliers are the largest manufacturing sector in the United States and lead the way in new vehicle innovations. MEMA has been the voice of the vehicle supplier industry since 1904. Its more than 1,000 members are Strong by Association.

Members supply the aftermarket with the parts that keep millions of vehicles on the road, fueling international commerce and meeting society's transportation needs. MEMA members are committed to safety and sustainability. 

MEMA has offices in Southfield, Mich.; Research Triangle Park, N.C.; and Washington, D.C. Learn more at mema.org/aftermarket-suppliers.

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