New CEO at Policaro Automotive Family
The Policaro Automotive Family has a new but familiar face at the top.
The Southern Ontario dealership group has appointed Francesco Policaro as the company’s new CEO.
Francesco has spent more than 20 years with the company having grown up in the business and held virtually every position along the way.
In 2002, he started as general sales manager at Northwest Lexus. He helped guide the design and construction of the new retail operation and its launch. He completed the NADA Dealer Succession Program in 2005 and was named general manager of the Lexus store the same year.
He was put in charge of another construction project in 2011 after the family was awarded an open point for Porsche in Oakville, Ont.
As GM of Porsche Centre Oakville, the family said Policaro has driven the store and achieved outstanding results in both sales and customer satisfaction.
“It is truly an honour for me to be entrusted with our family business,” Policaro said.
“Our new structure will allow for our organization to move forward with renewed purpose. It is an exciting time for our company with new dealership openings, construction projects and imminent launches of new and diversified businesses. I look forward to the challenge ahead.”
The group, which dates back to 1979 when the founding brothers opened a Honda store in Brampton, Ont., now operates seven dealerships. They represent Acura, BMW, Harley-Davidson, Honda, Lexus, Porsche and Toyota and employ over 550 people.
