SOURCE: Property Damage Appraisers

September 12, 2008 13:30 ET

Property Damage Appraisers, Inc. Announces Promotion of Rodney Caudill to Chief Executive Officer

FORT WORTH, TX--(Marketwire - September 12, 2008) - The board of directors of Property Damage Appraisers, Inc. has announced the promotion of Rodney Caudill to Chief Executive Officer. Caudill has served as the company's Chief Operating Officer since June of 2007.

Caudill joined PDA in 1999 as a Regional Operations Manager and was promoted to Vice President of Business Development in 2004. His insurance career began in 1993, with experience in both sales and claims. Caudill holds the Chartered Property and Casualty Underwriter (CPCU) and the Associate in Claims (AIC) designations.

Caudill's education includes an MBA from Montreat College, a B.S. in Social Science from Gardner-Webb University. He has completed doctoral work in Leadership Studies at Dallas Baptist University. Caudill is also an alumnus of the Harvard Business School, having completed the General Management Program (GMP).

About PDA, Inc.

PDA is a nationwide network of 270 franchise offices and more than 900 auto and property appraisers -- the largest automobile appraisal and inspection service network in the industry. A Texas corporation founded in 1963, PDA continually upgrades its systems and provides clients with a standardized work product, prompt service, and automated systems that allow for the monitoring of overall severity and customer service. PDA's primary market is the property and casualty insurance industry, which accounts for approximately 90% of its total inspection volume, with financial institutions serving as the remaining 10% of the volume. For more information, please visit www.pdacorporation.com.

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