Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 11, 2013, The Pep Boys - Manny, Moe & Jack (the "Company") appointed Christopher J. Adams, 45, as its new Senior Vice President - Store Operations.

From November 2010 through February 2013, Mr. Adams served as Chief Operating Officer of CarGroup Holdings LLC d/b/a webuyanycar.com. From July 2008 to September 2010, Mr. Adams served as Chief Operating Officer of Holland Partners, a developer and manager of multifamily communities. From November 2006 to July 2008, Mr. Adams served as Chief Operating Officer of The BabyPlus Company, a manufacturer and distributor of a prenatal education system. Mr. Adams began his career at Enterprise Rent-A-Car, where he progressed from a management trainee to becoming one of the executives selected to open up and lead Enterprise's U.K. operations.

Mr. Adams will (i) be paid a base salary of $350,000, (ii) be eligible to earn a target annual bonus, pursuant to the terms of the Company's Annual Incentive Bonus Plan, equal to 45% of his base salary upon the achievement of certain predetermined corporate objectives and (iii) participate in the Company's other incentive and welfare and benefit plans made available to executives. As an inducement to join the Company, Mr. Adams will receive restricted stock units valued at $70,000 and a $150,000 cash signing bonus.
As an executive officer of the Company, Mr. Adams will enter into the Company's form of Change of Control and Non Competition Agreements.

---