DISTRIBUTORS/CO-OPS

True Value recognizes vendor achievement

BY HBSDealer Staff

Eleven companies were recognized during True Value Co.’s annual vendor award banquet, including a "service provider of the year."

The full list of winners are as follows:

Hardware: Kidde
Tools: ShopVac
Paint: Tricam Industries
Plumbing: Pentair Water 
Electrical: Energizer
Home: Georgia Pacific
Lumber and Building Materials: Customer Building Products
Seasonal: Inliten
Lawn and Garden: S.C. Johnson
Global Sourcing: Boxer
Non-merchandise Service Provider of the Year: Bank of America Merrill Lynch 

Pentair Water was also recognized as overall "Merchandising Partner of the Year."

The awards were announced at the Chicago-based co-op’s annual vendor award banquet in Chicago.

 

 

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Indiana Governor taps Do it Best CEO for council

BY HBSDealer Staff

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

BY Ken Clark

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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