Home improvement cooperative promotes three executives; Steve Markley, EVP, retires.
Dent Johnson, from left, Steve Markley, who is retiring at the end of October, and Nick Talarico.
Do it Best announced the retirement of one of its senior executives and the promotion of three others.
Effective October 31, Steve Markley, executive vice president of operations will retire.
Dent Johnson will serve as the executive vice president of operations and Nick Talarico will serve as the executive vice president of sales and marketing. Jason Stofleth will become the vice president of merchandising.
“Do it Best and our members have been on a tremendous growth path over the last five years,” said Dan Starr, president and CEO. “Much of our success in supporting and driving that growth has come from the execution of the key initiatives Steve has led.”
Starr said that “our member program offerings and core systems across the company are much stronger today – and will be even stronger tomorrow – thanks to his leadership.”
Markley retires after nearly 40 years in the industry, said the firm. He served as a divisional merchandise manager prior to being named vice president of merchandising in 2007. Over the last four years as the executive vice president of operations, Markley has worked closely with all divisions of the company on day-to-day operations.
Jason Stofleth, who becomes VP of merchandising.
“Working with the entire team as we serve our members has been a real privilege,” said Markley. “We have a very dedicated team that drives our continued success as a members-first organization.”
With Markley’s retirement, Do it Best has tapped two proven leaders as executive vice presidents to ensure the company retains its relentless focus on member growth initiatives and the infrastructure to support them.
Talarico most recently served as the company’s vice president of e-commerce, said the company, and will continue in that role while also guiding the LBM, sales, and marketing divisions.
Johnson joined Do it Best in 2018 where he led numerous product category teams on strategic program development, vendor negotiations, promotional opportunities and supply chain enhancements as the vice president of merchandising.
Stofleth brings extensive business and leadership experience to the VP of merchandising role, including his contributions as a merchandising divisional manager since 2018.
“I’m pleased that our strong bench of talent — Dent, Nick, and Jason — will be able to build and expand on Steve’s many contributions,” said Starr.