Auto Service World
News   March 9, 2005   by Auto Service World

AADCO Adds to Board


Stephen Y. S. Li, managing partner-Canada of the Quorum Group of Companies, has joined the board of directors for AADCO Automotive, an automotive dismantler and recycler.
Douglas Kemp-Welch, chairman of the board of directors of AADCO Automotive Inc. announced the appointment of Li to the AADCO board of directors. This will increase the current board to four directors. Li is the managing partner-Canada of the Quorum Group of Companies, which he joined in 1989, having moved from Hong Kong where he held a senior management position with the Hong Kong government for 14 years.
Li has overall responsibility for Quorum’s activities in Canada as well as the firm’s global business development. He has introduced several international initiatives on behalf of Quorum in the Pacific region, including Quorum’s joint ventures with China Trust Group and China Investment & Development Co. Ltd., both of Taiwan, and initiated the Asian operations of Quorum.
He is a member of the Board of Governors of Mount Sinai Hospital Foundation and sits on most of the boards of the Quorum Group of Companies.
“Mr. Li brings extensive expertise, which will greatly assist in growing AADCO into a national and international supplier of quality used auto parts (LKQ) for the auto repair industry,” says States Charlie Hodgkinson, CEO of AADCO.
AADCO Automotive Inc is a growing Canadian public company with a unique business model committed to complete vehicle dismantling to provide quality used OEM parts, recyclable core from insurance salvage and aftermarket parts to meet the needs of the collision/mechanical repair industry. AADCO serves over 3000 collision/mechanical repair clients across Ontario through its LKQ parts division. AADCO maintains one of the largest unbolted inventories of quality used OEM parts in Canada at its 87,000 sq. ft. facility In Brampton, Ontario. AADCO is the only auto recycler to have been awarded the ECOLOGO for environmental stewardship.


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