Leadership & Pay ·
Motorcar Parts of America, Inc. entered into Amendment No. 7 to the employment agreement for Chairman, President, and…
MPAAMotorcar Parts of America Inc
Motorcar Parts of America, Inc. entered into Amendment No. 7 to the employment agreement for Chairman, President, and CEO Selwyn Joffe on June 26, 2026. The amendment extends the agreement term from July 1, 2027, to July 1, 2029. The modification includes scheduled salary increases, raising annual compensation from $828,256 to $902,799 effective June 26, 2026, and subsequently to $984,050 effective April 1, 2027. Motorcar Parts of America, Inc. is an automotive aftermarket parts distributor.