Automotive Fleet Veteran, Mark Petersen Joins Hourglass Management Corporation

DENVER, Aug. 15, 2011 /PRNewswire/ -- Hourglass Management Corporation (HMC), an industry leader focused on strategic consultation and best practices within the Automotive Remarketing, Financing and Fleet Management markets, is pleased to announce the appointment of Mark Petersen to Senior Sales Executive.
With his extensive background in the fleet and remarketing areas, Mark Petersen's responsibilities will focus on generating new business and extending the relationships for all of HMC's family of companies, which include Flexco Fleet Services (FFS), Innovative Funding Services (IFS), and eFleet Direct.

Chad Shoemaker, President of Hourglass Management Corporation said, "Through his various roles in the fleet industry, Mark has developed a wealth of knowledge and a strong network which includes his peers, past clients, and other industry professionals. More importantly, the experience he brings was built on a foundation of integrity with a strong focus on customer service. We are looking forward to utilizing his skill set based on those principles and values to grow the business of all the companies under the Hourglass umbrella."
Petersen brings 27 years of operations, sales and marketing experience to the team at HMC. Prior to joining HMC, Petersen spent five years with Fleets USA, serving as partner and Vice President of Business Development. His extensive remarketing knowledge comes from both his sales and fleet management background where he spent 12 years as a Corporate Fleet Administrator and Fleet Manager. Working as a Fleet Manager allows Mark to look at various services from that perspective and ensures our remarketing programs truly meet the needs of our clients.

As a member of the NAFA – Fleet Management Association (NAFA) for 27 years, Petersen currently serves at the national level as Vice Chair Affiliate for the Fleet Ed Advisory Board and Affiliate Chair for the Rocky Mountain Chapter. In addition to his positions at NAFA, he is also on the Communications Committee of The Automotive Fleet & Leasing Association (AFLA). He plans to continue his involvement with these organizations.

About Hourglass Management
Hourglass Management Corporation (HMC) focuses on strategic consultation and best practices within the Automotive Remarketing, Financing and Fleet Management industries. HMC works with clients to implement best practices improve efficiencies and operate at peak performance levels. Our family of companies includes Flexco Fleet Services, Innovative Funding Services, and eFleet Direct.