Fort Wayne, Indiana-based Do it Best Corp. added Nick Talarico as a divisional manager, effective Aug. 1.
In his new role, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within merchandising. He had previously served as the co-op’s manager of internal audit since May 2011.
“This is a strategic move that enables our Merchandising team to benefit from and build on Nick’s previous experience leading our internal audit team,” said Steve Markley, VP of merchandising. “In his prior role, Nick gained valuable Do it Best Corp. leadership and management experience, working closely with all other departments within the co-op. We’re excited to have him bring his unique skill set to our team and lead these growing merchandising departments.”
Talarico joined Do it Best Corp. in 2009, serving as general auditor before his promotion to manager of internal audit two years later. Prior to joining the co-op, he worked for public accounting firm Crowe Horwath, serving a variety of national and international clients, including Do it Best Corp. He earned a Bachelor’s degree from the Krannert School of Management at Purdue University and an MBA from the University of Notre Dame.
“It’s an honor to join the fantastic Merchandising team and get the opportunity to help our member-owners grow their businesses through a broad selection of competitively priced products,” Talarico said. “It’s my belief that my passion for collaboration, along with a drive for continuous improvement and a willingness to listen and learn will combine to make a positive impact on our team and, most importantly, our members.”
The co-op is promoting Betsy Hartman to replace Talarico as manager of internal audit. Hartman started as the co-op’s Internal Auditor in 2011, most recently serving as the assistant credit manager and senior credit analyst in the finance division.