News

Briggs & Stratton adds corporate development SVP

BY David Salazar

Briggs & Stratton announced Tuesday that Shaunna Balady had joined the Wisconsin-based company as SVP corporate development.

Most recently GE Home & Business Solutions’ leader of business development, Balady will oversee Briggs & Stratton’s strategic planning and mergers and acquisitions.

“I’m pleased to welcome Shaunna Balady to our executive team," Briggs & Stratton president, CEO and chairman Todd Teske said. "Shaunna brings unique technical and operational background strength to Briggs & Stratton, and she will be instrumental in executing the company’s strategy to invest and grow in geographic expansion."

Before working with GE, Balady, who has overseen some 30 transactions in her career, worked in acquisitions and strategic planning for construction and farming equipment company CHN Global, as well as Rockwell Automation.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

Wayfair’s board elects e-commerce expert

BY David Salazar

Online home furnishings company Wayfair has added e-commerce expert Romero Rodrigues to its board of directors.

Rodrigues, a 36-year-old Brazil native, is currently global CEO at South African company Naspers, which acquired his company Buscape in 2009 for $374 million.

“E-commerce is an exciting, fast growing market sector in the world’s economy and Wayfair is poised to be a major player in that growth,” Rodrigues said. “I am delighted to join Wayfair’s board of directors and look forward to contributing to the company’s continued success.”

Rodrigues stared Buscape as a site for comparison-shopping among online consumers in Latin America, and it now has 20 sites and various affiliates. Before Naspers purchased it, Rodrigues oversaw some 15 acquisitions and received funding from sources like Merrill Lynch and Great Hill Partners. At Naspers, Rodrigues oversees sources for comparison-shopping in emerging markets like Italy and Poland.

"Romero is an exceptionally talented businessman and a great visionary in the e-commerce world," Wayfair CEO, co-chairman and -founder Niraj Shah said. "We are honored to have him join our board and welcome his guidance as we continue to build Wayfair globally as a leading online destination for home goods."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
News

HCN Stock Watch: AWI plummets 10.42%

BY HBSDEALER Staff

Shares of Armstrong World Industries (AWI) dropped 10.42% on Monday following the release of its Q2 earnings report, which caused the company to lower its full-year guidance.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?