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NARI names Ulreich as CEO

BY HBSDEALER Staff

The National Association of the Remodeling Industry, or NARI, has named Fred Ulreich as CEO. Previously, Ulreich was NARI’s director of business development and national membership.

Ulreich will focus on guiding NARI’s board of directors, staff, chapters, members and partners toward achieving the objectives established within NARI’s 2020 plan, which includes growing membership and revenue through the year 2020.

“Through our national search we were presented with many highly qualified candidates for the position,” said NARI chairman Art Donnelly, MCR, CKBR, who was part of the Executive Search Committee. “Fred, while his qualifications were impeccable, also brings with him a unique talent for building highly effective teams and a contagious enthusiasm for achievement and growth. NARI stands on a very solid foundation today and is poised for growth as our industry rebounds and expands on the heels of this past recession. Fred was chosen because the committee saw him as the right individual, at the right time for all the right reasons."

“NARI’s position as ‘The Voice of the Remodeling Industry’ is strong — our members have proven themselves to be the most professional in our industry,” Ulreich said. “My job, as CEO, is to share that message and allow the NARI brand to be even more visible, inside the industry and out, as well as to the consuming public.”

Previous to joining NARI in September 2013, Ulreich was VP market development at Affinity Central International, developing innovative solutions for associations to create loyalty programs as a value-added membership benefit.

In addition to experiences at ACI and Wells Fargo — where he focused on products for trade and alumni associations — Ulreich spent seven years as executive director at the U.S. Chamber of Commerce, the world’s largest business organization representing the interests of more than 3 million businesses of all sizes, sectorsand regions.

Ulreich replaces Mary Busey Harris, CAE, who was NARI’s previous executive VP.

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Lowe’s acknowledges data breach

BY HBSDEALER Staff

While a far cry from the kind of widespread data breach that struck Target Corp. last year, an employee-related data breach at Lowe’s has spurred letters to possible victims who are advised to be aware of the breach.

The breach affected the company’s current and former drivers, who may have had their personal information — including social security numbers — compromised when data was backed up unintentionally on a computer that was not secure and open to the Internet. 

Lowe’s says it has no evidence that the information has been used, but a letter to possible victims by the company’s VP human resources Scott Purvis, said that the information may have been “subject to unauthorized access.”

Lowe’s pointed to an error on behalf of a third-party vendor, E-DriveFile, and said that information may have been compromised between July 2013 and April 2014. 

Various media reports estimate about 35,000 people were notified by Lowe’s regarding the breach. 

In late 2013, Target announced that data from about 40 million consumer credit and debit cards was compromised.

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HCN Stock Watch: TREX tracks down

BY HBSDEALER Staff

Trex Company (TREX) took a small nosedive of 4.80% on Wednesday, which wasn’t particularly kind to other members of the HCN cadre.

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