Coach and Equipment Appoints Chief Financial Officer

Tuesday, June 3, 2014

Penn Yan, NY, June 3, 2014 - Coach and Equipment, a small-to-midsize bus manufacturer based in Penn Yan, NY, is excited to announce the hiring of our new Chief Financial Officer, Karen A. Long.

Long will be working closely with Coach and Equipment CEO, Jim McMullen, and reporting to Coach and Equipment’s President, Rick McMullen. Her initial work will be focused on supervising all of the bookkeeping and financial activity of the company, along with a focus on developing new processes and controls for chassis payments and chassis titles.

“Karen brings a wealth of experience as a financial leader, and we are delighted that she has agreed to join the Coach team,” said Scott Reston, President of Coach Bus Sales. “She has a track record of creating a culture of operational excellence, which makes her an ideal candidate as we continue to grow our business.”

Before joining Coach and Equipment, Long was the Controller of Lucid, Inc.(OTCQB:LCDX), where she oversaw all accounting and finance for the business. During her tenure at Lucid, Long played a pivotal role in the company’s process development and initial public offering, as well as securing and negotiating subsequent financing. Prior to working at Lucid Inc., she was the Accounting Manager at Harbinger Group Inc.(NYSE:HRG), with the responsibility of financial reporting and maintaining SEC filings. Long began her professional career as an auditor with Arthur Andersen LLP.

Long has a B.S.B. in Accounting from Oklahoma City University. She is a Certified Public Accountant in the State of New York, and has been a member of the American Institute of Certified Public Accountants (AICPA) since 1999.

Located in Penn Yan, NY, Coach and Equipment has been manufacturing small-to-midsize buses since 1895. The company provides vehicles to municipalities, assisted living communities, higher education institutions and other public and private entities. Its mission is to provide safe, reliable, high quality buses that can be customized to meet each client’s specific needs.