05:41:31 EDT Thu 23 Apr 2026
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Boyd Group Services Inc
Symbol BYD
Shares Issued 27,830,064
Close 2026-04-22 C$ 161.37
Market Cap C$ 4,490,937,428
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Boyd Group appoints COO of U.S. collision business

2026-04-22 23:42 ET - News Release

Mr. Brian Kaner reports

BOYD GROUP SERVICES INC. ANNOUNCES NEW CHIEF OPERATING OFFICER FOR THE U.S. COLLISION BUSINESS AND NEW CHIEF COMMERCIAL OFFICER

Boyd Group Services Inc. has appointed Steve Hoeft as chief operations officer for the Boyd Group's U.S. collision business and Zach Balthrop as chief commercial officer for the Boyd Group.

Mr. Hoeft joins Boyd following nine years with Bridgestone Americas, where he most recently served as president of the commercial truck group since 2022. In that role, he led a large-scale business unit across the United States and Canada, with responsibility spanning multiple channels, including OEM (original equipment manufacturer), commercial dealer and national fleet accounts. Key areas of responsibility included oversight of a commercial network of approximately 4,000 locations, as well as key functions, such as product planning, demand planning and supply chain. Prior to his time at Bridgestone Americas, Mr. Hoeft held leadership positions at Brink's Inc., Advance Auto Parts and Corporate Express (a Staples company).

Mr. Balthrop has been with the company since 2024 and has served as the leader of Boyd's south division, where he has consistently delivered strong performance and operational excellence. Prior to his time at Boyd, Mr. Balthrop most recently held the role of chief commercial officer at FYX Fleet and the role of senior vice-president, sales, marketing and customer experience, at Pep Boys Auto Service and Tires. As chief commercial officer, he will be focused on leveraging the sales resources the company has across the company to holistically support all lines of business and continue to enhance and expand the company's client relationships. Cameron Dickson, who previously held the role of chief operating officer at Joe Hudson's Collision Center prior to the acquisition by Boyd, will take over the role of senior vic-president of Boyd's south division.

"These enhancements to our leadership structure have been implemented to add further strength to our executive team and align our organization with the evolving needs of the business," said Brian Kaner, president and chief executive officer of the Boyd Group. "Steve Hoeft's extensive experience across a large commercial network of approximately 4,000 locations makes him the ideal leader to champion our operational strategy. In this role, he will oversee the U.S. collision operations, mobile solutions, procurement, continuous improvement and operational excellence, as well as safety, ensuring we continue to strengthen our market position, advance our strategic and corporate objectives, and deliver the highest-quality service across our U.S. collision business."

"The creation of the chief commercial officer role is a key step in our growth strategy," continued Mr. Kaner. "Zach's leadership will be instrumental in driving our commercial efforts by overseeing sales, client performance, M&A and marketing across our business units. Together, these appointments enhance our leadership depth and position the organization to execute on its strategic priorities," concluded Mr. Kaner.

About Boyd Group Services Inc.

Boyd Group Services is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries. Boyd Group Services shares trade on the Toronto Stock Exchange under the symbol BYD and the New York Stock Exchange under the symbol BGSI.

About The Boyd Group Inc.

Boyd Group Services, through its operating company, Boyd Group and its subsidiaries, is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. The company currently operates locations in Canada under the trade name Boyd Autobody & Glass and Assured Automotive, as well as in the United States under the trade name Gerber Collision & Glass. The company is also a major retail auto glass operator in the U.S., under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com. In addition, the company operates a third party administrator, Gerber National Claims Services (GNCS), which offers glass, emergency roadside and first notice of loss services. The company also operates Mobile Auto Solutions (MAS) in the U.S. and Volta Auto Diagnostics Ltd. in Canada, which offer scanning and calibration services.

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