Content about President and CEO

July 18, 2014

Electrolux president and CEO Keith McLoughlin reflected on the company's progress during the second fiscal quarter, pointing to prospects for growth.

However, net sales decreased by about 4.9% year-over-year, totaling $26.3 billion for the three-month period. That decrease was slightly smaller for the six-month period -- 2.0%.

Meanwhile, the company posted a net loss of $92 million for the quarter. For the first six months, the company's net income of $339 million compares to net income of $1.003 billion for the same six-month period last year. 

July 18, 2014

Denver, Colorado-based Johns Manville has earned the "Supplier of the Year" designation for the second year in a row by insulation contractor association Insulate America, Inc.

July 16, 2014

Eco Building Products is introducing its own Defensive Builder Certification Program to help spread the knowledge of defensive construction within the industry.

Citing a swell of demand for its defensive building products that is predicated on its education and outreach efforts, Eco Building Products is targeting architects, engineers, builders, contractors and realtors in its efforts to expand its influence.

July 14, 2014

The board of directors at Vulcan Materials Company has named Thomas Hill as its new president and CEO. He has also been elected as the company's newest board member.

In his new role, Hill will take the place of Donald James, who will remain on board as executive chairman. Hill was most recently serving as EVP and COO.

July 9, 2014

The National Retail Federation performed an internal shuffle, first by hiring Paul Martino as VP and senior policy counsel and second by promoting Beth Provenzano to VP for Federal Government Relations.

July 2, 2014

Gaithersburg, Maryland-based pro dealer TW Perry ranked sixth in a recent Washington Post listing of top workplaces for mid-size companies. 

Following the unveiling of the list June 22, TW Perry president and CEO Michael Cassidy told employees that being a winning team helps morale.

June 24, 2014

Anticipating big moves ahead for the company, Eco Building Products president and CEO Steve Conboy sent out a letter to the company's shareholders Tuesday, providing a status update heading into the second half of the year and the mainstream national market as a whole.

"We now are gaining national attention with national supply chain via our primary client, a Major Big Box retailer," wrote Conboy.

June 23, 2014

Raleigh, North Carolina-based Stock Building Supply has opened up a new lumber and building materials distribution facility in Troutman, which will serve the nearby Charlotte metro area.

June 19, 2014

Piscataway, New Jersey-based American Standard Brands President and CEO Jay Gould was appointed to the board of directors of American Standard’s parent company, LIXIL Corporation.

Gould joined American Standard Brands in January 2012. 

Over the course of the next 18 months, according to the company’s announcement, Gould executed a plan that quadrupled the company's EBITA, grew sales by 10 percent and improved gross margins by 700 basis points. 

June 19, 2014

Mississauga, Ontario-based distributor Weston Forest Products announced that Jared Carroll is joining the company as manager of its new US Trading Group.

“We have known Jared for a very long time, and we are excited that he is leading this new business unit for us,” said Rick Ekstein, president and CEO. “We truly believe that adding Jared to our team will bring tremendous value to our existing customer and supplier base.”

Jared will be reporting to Rob Hruby, Weston’s vice president of purchasing. 

June 16, 2014

Sears Canada announced a deal to develop a 12-acre Sears site in Calgary, Alberta, at the North Hill Shopping Centre.

June 16, 2014

Weyerhaeuser shared the results of its 11th annual sustainability report, with highlights that included a perfect timberlands certification record.

June 10, 2014

Fernando Madeira will succeed Joel Anderson as president and CEO of Walmart.com to help the retailer further a growth strategy focused on winning at the integration of physical and digital. Anderson left to become president of fast-growing teen and pre-teen retailer Five Below. 

June 9, 2014

The American Hardware Manufacturers Association’s measure of industry confidence held steady in May across a variety of metrics. 

In comparing current sales levels to year-ago levels, 77% of respondents said sales were higher in May versus year-ago levels, the same as in April. For May, 18% reported sales were even, and five percent said sales were below year-ago levels.

June 6, 2014

Vancouver, British Columbia-based Nuheat appointed president Kevin McElroy to president and CEO.

“The board made the decision to add the designation of CEO to Kevin’s title after a review of his performance during his first year as president,” said Neil Johansen, chairman of Nuheat's board of directors.

Nuheat manufactures and distributes electric floor heating systems and freeze protection products. 

June 4, 2014

Eco Building Products, Inc. has secured up to $3.4 million in financing to help it meet existing levels of demand and expand for future growth, a development the company attributes to a mysterious "Major Big Box Customer" (read: Home Depot).

The funds will go toward filling a backlog of pending purchase orders and to increase its production capacity at its manufacturing facilities.

June 3, 2014

Walmart Canada president and CEO Shelley Broader’s role has changed to include oversight of Europe and Africa.

Broader was named EVP, president and CEO of Walmart EMEA, a region Walmart defines as including Canada, Europe, the Middle East and Sub-Saharan Africa. 

May 29, 2014

Jack T. Jahntz, one of the original co-founders of the Specialty Tools and Fasteners Distributors Association when it formed in 1977 and the group’s first president, died at the age of 85.

Jahntz was a partner, former president and CEO of L.W. Meyer & Son of Wisconsin. He retired from Meyer in 1996.

May 21, 2014

Dennis May, president and CEO of Indianapolis-based appliance and home products retailer hhgregg, said he remains excited about the current fiscal year, despite the company’s $7.2 million net loss for the three months ended March 21.

May 21, 2014

The NRHA set its sights on Joe Taylor, president and CEO of Taylor's Do it Centers in Virginia, as one of three 2014 "Top Gun" honorees from around the industry.

Taylor was recognized for his role in continuing the robust legacy of the Taylor's tradition, which has given rise to 11 retail locations statewide and spans four generations. In acknowledgment of its history, robust numbers and adaptability, It's credited as one of the nation's most successful family-owned hardware operations.

May 13, 2014

David Nunes is leaving his post as president and CEO of Pope Resources in order to take the helm of Rayonier, Inc. when the company eventually splits later this year. For now, however, he's onboarding as Rayonier's COO.

Effective June 9, Nunes will assume his interim role, in which he will be tasked with helping to finalize the separation of the company.

May 4, 2014

Columbus, Georgia-based Char-Broil, a division of the W.C. Bradley Co., named Christine M. Robins as president and CEO, effective June 2.

Robins served for the past five years as president and CEO of Pittsburgh-based BodyMedia, a venture-backed pioneering company in wearable health sensors and software that help consumers and professionals better manage health and wellness. Robins totally transformed BodyMedia via a new business strategy and the diversification of products and customers leading to the successful sale of the company to Jawbone.

April 29, 2014

Pointing to success of an expanded farm, ranch, auto and pet assortments, Chicago-based True Value posted gains in gross billings and revenues for the first quarter ended March 29.

The co-op reported gross billings of $460.1 million for the quarter, up 3.6% from $444.2 million for the same period a year ago. Revenue was $331.5 million, an increase of 6.0%.

The cooperative posted a quarterly net margin of $0.9 million, up slightly from $0.4 million a year ago.

April 28, 2014

Federal Way, Wash.-based Weyerhaeuser reported first-quarter sales of $1.984 billion, up slightly from $1.951 billion in the first quarter last year.

“Despite unusually severe winter weather, we delivered strong operating results in the quarter," said Doyle Simons, president and CEO. "Our Timberlands business is realizing increasing benefits from the Longview Timber acquisition and reported its highest quarterly earnings, excluding land sales since 2006." 

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