Valspar Corp. has announced the retirement of Lori Walker, the company’s senior VP and CFO. Walker joined Valspar in 2000 as assistant controller, was promoted to VP and controller in 2001, VP treasurer in 2004, and has been Valspar's CFO since 2008.
An executive from Eastman Chemical discussed a test of a new treated wood product at Lowe’s in its northeastern stores this month. Speaking at the JP Morgan Diversified Industries conference on June 5, senior VP and CFO Curt Espeland told analysts that Perennial Wood, a treated (also described as “modified”) wood product launched at the Builders' Show, was being made available at 50 Lowe’s stores that same day. The product is also being sold through independent lumberyards.
While no product category is absolutely recession-proof, there are a few in the home channel that come close. Paint will always sell, and weather permitting, lawn and garden is a safe bet.
Atlanta-based Beazer Homes has named Allan Merrill as president and CEO. He has also been elected to the board of directors. Robert (Bob) Salomon has been appointed executive VP and CFO.