LUMBERYARDS

China Ceramics announces board member resignations

BY HBSDEALER Staff

Two board members have tendered their resignations at China Ceramics Co., Ltd., the company announced Monday.

"I would like to thank Paul Kelly for his leadership and experience in his role as Chairman and appreciate the active engagement of Cheng Davis in her role as a director," said Jiadong Huang, CEO. "We highly value both Paul and Cheng’s contributions and believe that our company is stronger for their efforts. We will look to add qualified independent board members to our Board in the period ahead."

Paul Kelly, who served as non-executive chairman of the board, has resigned effective Nov. 27 due to personal demands. Kelly had been chairman and CEO of China Ceramics’ predecessor company from its inception in 2007. He had been a board member with China Ceramics since 2009.

Cheng Yan Davis has resigned effective Dec. 31, also citing external demands. Like Kelly, she has been with the board since August 2009 and was a board member of the predecessor company since 2007.

The company’s board of directors is now comprised of two independent directors. Replacements are currently being sought.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
LUMBERYARDS

William Cho named president of LG Electronics USA

BY HBSDEALER Staff

William Cho has been named president of LG Electronics USA, succeeding Wayne Park, who is moving on to a new role as global sales & marketing officer for LG Electronics.

In his new position, Cho will oversee all U.S. business units as well as the LG Electronics USA Home Entertainment business. Previously, this segment was under Jay Vandenbree, who is retiring at the end of this year.

Cho has been with the company for 26 years, most recently as a senior executive overseeing the global residential air conditioning business. He has also served as president of LG Australia and president of LG Canada.

Since joining the company in 1987, he has also held various key sales roles in the United States.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?
LUMBERYARDS

Olympic Paint and Stain named Lowe’s Innovation Partner of the Year

BY HBSDEALER Staff

Citing the company’s unique problem-solving focus, Lowe’s honored Olympic Paint and Stain as its 2013 Innovation Partner of the Year at its annual vendor meeting.

"With the launch of its new resurfacing product, Olympic rescued consumers who were previously stuck with only costly replacement options," said Mike Jones, Lowe’s chief merchandising officer. "By working hand-in-hand, Olympic and Lowe’s have raised the bar on delivering quality and value, helping make home improvement simpler by solving a complex problem for customers."

The company’s Olympic RESCUE IT! product was largely responsible for fetching the accolade. The exterior resurfacting stain helps homeowners restore damaged or weathered decks, patios and driveways by filling wood and concrete cracks, as well as tinting to more than 110 colors.

The product was launched exclusively at Lowe’s in March 2013 and has since earned a five-star rating, as well as 100% recommendation rate on Lowes.com.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

How concerned are you that a trade war could hurt your business?