Indiana Governor taps Do it Best CEO for council
Indiana Governor Mitch Daniels appointed Do it Best CEO Bob Taylor to the Indiana Economic Development Corp.’s board of directors.
The announcement was made earlier this month during an IEDC board meeting.
The IEDC describes its mission as growing and retaining Indiana businesses, while attracting new investments to the state. It consists of 12 members appointed by the governor.
Taylor has been CEO of Do it Best since 2001. Prior to that, he ran Taylor’s Do it Best in Virginia Beach, Va.. Do it Best is based in Fort Wayne, Ind., and holds spring and fall markets each year at the Indiana Convention Center in Indianapolis.
Taylor’s term is effective immediately and will end May 2, 2013.
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Do it Best announces promotions at headquarters
Fort Wayne, Ind.-based Do it Best Corp. announced four promotions in its finance and merchandising divisions.
Brian Eichman of Fort Wayne has been named director of financial analysis. In this position, he will analyze company financial activities to improve decision-making and provide for operational efficiencies. He has served as accounting manager since joining Do it Best in 1991.
Doug Roth of Fort Wayne assumes a new role as director of financial reporting. Roth’s major responsibilities will be to ensure accurate financial and tax reporting, timely and efficient processing of payables and receivables, and safeguarding of company assets. He will also work with external auditors to manage the year-end audit, including inventory adjustments, federal tax accrual, retirement plan accruals, rebate calculations, as well as other state/federal income tax and sales/use tax issues.
Nick Talarico of Fort Wayne succeeds Roth as internal audit manager. Talarico will oversee the co-op’s internal financial and safety audit processes. He joined Do it Best in 2009 as a staff auditor. Prior to joining the co-op he worked for Crowe Horwath as a senior staff auditor.
“Brian, Doug and Nick will bring a fresh perspective to our accounting and business operations, and fortify our already solid financial team,” said Bob Taylor, president and CEO for Do it Best.
Ken Sorg of Fort Wayne has been named supply chain and inventory replenishment manager. This new position is designed to bring even greater supply chain responsiveness to the co-op’s member-owners. Sorg joined Do it Best in 2000 as inbound operations manager. Prior to Do it Best, he worked in logistics and transportation at General Electric.
“Ken’s experience both outside and inside of Do it Best Corp. will further strengthen our supply chain activities creating a competitive advantage for us,” said Dave Haist, executive VP and COO of the co-op.
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Ace unveils its new paint brand, Clark + Kensington
Oak Brook, Ill.-base Ace Hardware Corp. introduced Clark + Kensington, a new line of premier paint of the paint-and-primer-in-one variety.
Ace will begin shipping Clark + Kensingtron from its distribution centers beginning Sept. 6, and it will go nationwide during the first two quarters of 2012.
The line of 100 percent acrylic, low-VOC paint is named after Ace’s first retail location on Chicago’s Clark Street and the site of their worldwide headquarters.
The introduction comes in Ace Hardware’s second year of a five-year plan to boost its paint category market share from 4% to 8%.
“The Clark + Kensington paint-and-primer-in-one truly reinforces our core brand message of helping people maintain their homes while saving them time,” said Mary Rice, a 20-year paint industry veteran who took over the new position of president/general manager of the paint division for Ace last year. “The new Clark + Kensington brand will deliver everything consumers want from their paint: fashion, style, inspiration and sophisticated colors that create inviting spaces.”
The introduction of a line that eliminates the need to prime surfaces and paint separately underscores Ace’s strategy and commitment to providing the most helpful experience for customers by delivering top-notch service and products. Ace will manufacture Clark + Kensington paint and primer in its two manufacturing facilities in Matteson, Ill., and Chicago Heights, Ill.
“The paint-and-primer-in-one will stand for quality and durability, characteristics often attributed to locally owned and operated Ace stores in communities across the country," said John Surane, senior VP consumer marketing, merchandising and paint for Ace.
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