jack logo used from 2013 present type private industry specialty retail and automotive repair and tires founded august 1 1921 ; 95 years ago 1921 08 01 as pep auto supplies 1923 1923 as pep boys founders maurice moe strauss emanuel manny rosenfeld w. graham jack jackson moe radavitz headquarters 3111 west allegheny avenue philadelphia pennsylvania u.s. number of locations 804 2016 key people brent windom ceo products auto parts service and tires parent icahn enterprises website www.pepboys.com the pep boys manny moe & jack branded and commonly abbreviated as pep boys is a full service and tire automotive aftermarket chain . originally named pep auto supplies the first store was founded in philadelphia pennsylvania in 1921 by emanuel manny rosenfeld maurice l. moe strauss w. graham jack jackson and moe radavitz . currently headquartered in the philadelphia neighborhood of east falls pep boys operates over 800 stores and approximately 7 500 service bays in 35 states and puerto rico . along with its wide range of vehicle maintenance and repair capabilities the company also serves the commercial auto parts delivery market . it is also a seller of replacement tires in the united states and in 2005 it was named one of the 500 fastest growing companies in the u.s. 1 2 contents 1 history 2 today 3 nascar sponsorship 4 references 4.1 sources 4.2 further reading 5 external links history edit pep boys store farmington hills michigan pep boys logo from june 6 2004 to july 22 2013 . the original pep boys were emanuel manny rosenfeld maurice moe strauss graham jack jackson and moe radavitz four friends who in august 1921 3 chipped in 200 apiece to open a single auto parts store . they dubbed it pep auto supplies after noticing a shipment of pep valve grinding compound on the shelves . 4 that name was changed because of a policeman who worked near the store every time the officer stopped a car for not having an oil wick burning during nighttime hours he would tell the driver go see the boys at pep for a replacement . 5 in 1923 on a trip to california moe strauss noticed that many successful west coast businesses used their owners first names . one he liked in particular was a dress shop called minnie maude and mabel s . as soon as strauss returned to philadelphia the store s name was officially changed to the pep boys manny moe & jack . radavitz had cashed out the previous year . 6 . soon the partners had commissioned the manny moe and jack caricatures that still serve as the company s logo . when jackson left in 1925 his caricature was replaced with that of moe s brother isaac izzy strauss . 6 the company name s reference to jack remained unchanged . no further changes were made to the logo until 1990 when manny s cigar was removed . 7 by the early 1930s pep boys had 40 stores in philadelphia and manny s brother murray rosenfeld had opened the first west coast pep boys store . in 1939 izzy strauss left to form his own auto supply business in brooklyn strauss stores which later merged with roth & schlenger home and auto to form r & s strauss the ancestor of strauss discount auto later known as strauss auto which closed its doors on june 4 2012 . 8 in 1946 pep boys went public and manny rosenfeld became the company s first corporate president a position he held until his death in 1959 . moe strauss served as president from 1960 to 1973 and remained a member of the board of directors until his death in 1982 . in 1986 mitch leibovitz became the first non founding family member to be named company president . manny s grandson stuart rosenfeld pep boys vice president of distribution is the only founding family member currently in company management . the strauss and rosenfeld families continued to control approximately one fifth of the company s stock until the early 1990s . 6 today edit in 2006 major stockholders barington capital group and pirate capital llc whose combined stake exceeds 25 % of pep boys common stock engineered a reorganization of the company s management and board of directors citing a lack of strategy and need for change . 9 in may 2008 pep boys ceo jeff rachor left the company after 13 months to pursue a luxury automotive dealership venture with michael dell founder of dell . chief operating officer michael r. odell replaced him as ceo . 10 on october 13 2009 pep boys acquired tire retailer florida tire for 4.35 million . the acquisition gave pep boys ten service and tire centers in the orlando market that generate sales of 14 million a year . 11 pep boys is also opening small service only stores . in april 2011 pep boys acquired seven stores from tire retailer big o tires . the acquisition gave pep boys service and tire centers in washington in the pacific northwest . 12 in may 2011 pep boys acquired tire retailer big 10 tires . the acquisition gave pep boys an additional eighty five service and tire centers in georgia florida and alabama including concentrations around atlanta and orlando . 13 in june 2011 pep boys acquired seven locations from automotive repair company my mechanic . the acquisition gave pep boys additional locations in the houston texas metropolitan area . 14 on january 29 2012 pep boys announced that it had agreed to be acquired by the gores group a los angeles based private equity investment company for 15 per share or approximately 1 billion . 15 but four months later may 30 2012 it was announced that the deal had fallen through . 16 on september 6 2013 pep boys acquired seventeen discount tire centers in southern california enabling the company to boast seventy five percent of los angeles area residents now live within three miles of pep boys . 17 on september 26 2014 michael o dell resigned as ceo and president . john sweetwood became interim ceo . 18 on june 15 2015 scott p. sider group president of hertz corporation s rent a car americas became the company s new ceo . 19 on october 26 2015 bridgestone tire corp. agreed to purchase the company for 835 000 000 . 20 on december 30 2015 philadelphia based pep boys pby said it terminated the previously announced acquisition deal with bridgestone retail operations a u.s. unit of japan tire maker bridgestone and signed a merger agreement with a subsidiary of icahn enterprises . on february 4 2016 icahn enterprises announced that it closed its acquisition of pep boys in an all cash deal worth 18.50 per share or approximately 1.03 billion . 2 nascar sponsorship edit pep boys began sponsoring nascar two time daytona 500 champion driver sterling marlin s no. 14 car owned by ginn racing in 2007 . 21 the company also sponsored the pep boys auto 500 a race held at the atlanta motor speedway in october 2008 and 2009 . 22 references edit 1 dead link a b pep boys . icahn enterprises completes acquisition of pep boys . retrieved 29 february 2016 . pep boys celebrates 90th anniversary ; announces search for vintage memorabilia the shop . theshopmag . 2011 08 03 . retrieved 2016 04 18 . the pep boys story pep boys auto internet website 2 accessed 22 june 2015 . ibid . a b c pep boys company history retrieved may 12 2011 . the pep boys tune up image by losing cigar advertising the company stubs out the familiar stogie in its logo to coincide with the great american smokeout . . latimes . retrieved 26 october 2015 . strauss auto company history dead link retrieved may 12 2011 . barington capital group supports decision of pep boys board to engage financial advisor to explore strategic alternatives for the company . . retrieved 26 october 2015 . 3 dead link pep boys to buy florida tire . philadelphia business journal . retrieved 26 october 2015 . pep boys buys 7 big o stores in washington . tire business . retrieved 26 october 2015 . pep boys buys big 10 tires . philadelphia business journal . 5 may 2011 . retrieved 26 october 2015 . pep boys buys 7 houston area my mechanic stores . tire business . retrieved 26 october 2015 . hazel debra january 29 2012 . pep boys garners 1b in acquisition bid globest.com retrieved february 1 2012 pep boys shares dive as buyout blows up foxbusiness.com retrieved august 20 2012 the pep boys story pep boys auto internet website 4 accessed 22 june 2015 . pep boys ceo mike odell resigns ; names john sweetwood interim chief pep boys names scott p. sider chief executive officer . 15 june 2015 . retrieved 26 october 2015 . bridgestone buying pep boys for 835 million 5 dead link 6 dead link sources edit 7 dead link 8 dead link 9 dead link 10 dead link http finance.yahoo.com q pr s pby further reading edit calabro marian . the pep boys founders of the automotive aftermarket . new york lark books a division of sterling publishing co. 2006 . external links edit official website pep boys at the wayback machine archived december 11 1997 philadelphia portal pennsylvania portal companies portal v t e philadelphia area corporations including the delaware valley list of companies based in the philadelphia area philadelphia based fortune 500 corporations rank in the 2015 list comcast 43 aramark 207 crown holdings 318 delaware valley based fortune 500 corporations rank in the 2015 list amerisourcebergen 16 dupont 87 lincoln national 223 universal health services 324 campbell soup 342 ugi 349 burlington stores inc. 500 other notable philadelphia based businesses amoroso s beneficial bank chemtura day & zimmermann fmc corporation independence blue cross pennsylvania real estate investment trust pep boys philadelphia media network radian group urban outfitters notable philadelphia based professional partnerships ballard spahr blank rome cozen o connor dechert drinker biddle & reath duane morris morgan lewis & bockius pepper hamilton saul ewing white and williams other notable delaware valley based businesses actua corporation airgas alliedbarton ametek aqua america asplundh bentley systems brandywine realty trust boscov s carpenter technology cephalon chemours christiana care health system crozer keystone health system david s bridal epam systems enersys hamilton lane liberty property trust penn mutual penn national gaming rita s italian ice sei investments slm sungard susquehanna international group vanguard toll brothers triumph group unisys viropharma vishay intertechnology vwr wawa wilmington trust w. l. gore and associates wsfs bank notable delaware valley based us headquarters of foreign businesses aberdeen asset management ace agustawestland astrazeneca delaware investments glaxosmithkline ing group keystone foods sap america siemens medical shire pharmaceuticals subaru teva pharmacueticals td bank notable delaware valley based division headquarters of us corporations acme cerberus capital management centocor johnson & johnson colonial penn conseco delmarva power exelon gsi commerce ebay hercules ashland mab paints sherwin williams mcneil laboratories j & j neoware hewlett packard peco exelon qvc liberty media rohm and haas dow chemical sunoco energy transfer tasty baking flowers foods retrieved from https 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