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LMC dealers receive Ivy League education

LMC Executive Education Program held at Wharton School of Business.

BY HBSDealer Staff

Lumbermens Merchandising Group (LMC) dealers recently gathered in Philadelphia to attend the buying group’s Executive Education Program.

Held at the Wharton School of Business at the University of Pennsylvania, 47 dealers from 20 states were in attendance.

LMC said the program is unique as it goes beyond a business school curriculum. The week of learning is framed around an industry relevant case study that helps the attending dealers apply what they are learning to their own companies.

“The partnership with Wharton and the ability to offer this kind of program, not seen elsewhere in the industry, is part of the reason LMC dealers stand out,” said LMC president John Somerville. “Since its inception in 2015, there has been high demand to be in attendance for this unique executive education experience.”

One of the most touted advantages of the program is the ability to learn from the expert professors at Wharton, LMC said.

“I loved this whole week. Just being able to learn so many different things from professors who teach this every day and teach this to CEOs and COOs,” said Brooke Schneider of Tague Lumber.

Recently, U.S. News & World Report and The Financial Times named Wharton the best executive education program in the country.

“The professors have been very enlightening and the information I have learned here will be applied and used moving forward in my career,” said Chip Phillips of Goldsboro Builders Supply. “The Wharton School is a once in a lifetime experience and the relationships from the peers I have interacted with are invaluable.”

“Every session was really valuable.” said John Humphrey of North Atlantic Corp. “I came into it with really high expectations and everyday just [surpassed] what I thought I was going to take away. I am really fortunate.”

Based in Wayne, Pa., LMC members operate more than 1,400 locations in the United States and Bahamas.

 

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