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Home Depot appoints new director

Kadre has served as chairman and CEO of the MBB luxury auto group since 2012.

BY HBSDealer Staff

The Home Depot announced that Manuel Kadre, chairman and CEO of MBB Auto Group, has been appointed to its board of directors.

Kadre has served as chairman and CEO of MBB, a premium luxury retail automotive group with a number of dealerships in the Northeast, since 2012.

Additionally, Kadre is chairman of Republic Services, Inc., a recycling and non-hazardous solid waste firm. He was CEO of Gold Coast Caribbean Importers, LLC from 2009 until 2014. From 1995 to 2009, Kadre served in a number of roles, including president, vice president, general counsel and secretary for CC1 Companies, Inc., a distributor of beverage products in markets throughout the Caribbean.

Kadre is also a member of the board of trustees of the University of Miami.

“I’m very pleased to welcome Manny to our board of directors,” said Craig Menear, chairman, CEO and president. “His service on other boards, including service as chairman and lead independent director of two public companies, further enhances our board’s capabilities in the areas of management oversight, corporate governance and board dynamics.”

Kadre will serve on The Home Depot board’s finance and audit committees, the Atlanta-based retailer said.

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New vp for Softwood Lumber Board

USDA veteran named vp of operations.

BY HBSDealer Staff

The Softwood Lumber Board (SLB) has named Maureen Pello as its vice president of operations.

Pello has a successful track record at the U.S. Department of Agriculture guiding USDA check-offs and marketing orders to implement solutions that work for industry and USDA, SLB said.

“As part of the SLB’s succession process we determined that Maureen is the right leader to take over as vp for operations for the SLB,” said Marc Brinkmeyer, chairman of the Softwood Lumber Board of Directors. “Maureen has a proven ability to achieve results and an impressive breadth of experience.  We have enjoyed working with her over the last nine years as she worked with our industry and are delighted to welcome her to the SLB.”

Prior to her position at the USDA, Pello she served as an assistant regional manager overseeing 11 California marketing order programs that covered 18,000 growers with budgets totaling $54 million. She was also responsible for oversight of board financial operations, program compliance, and rulemakings, and worked with USDA Office of General Counsel and Department of Justice to defend and enforce programs.

“Maureen’s previous experience is naturally transferrable, and with her knowledge of the industry from her years of work with the SLB, she will be able to hit the ground running,” said Steve Lovett, outgoing SLB CEO. “I am delighted to welcome her to the SLB team and am confident that she will help our investors and board achieve a smooth transition to SLB 2.0.”

Based in Washington, D.C., the SLB is an industry-funded initiative established to promote the benefits and uses of softwood lumber products in outdoor, residential, and non-residential construction and to increase demand for appearance and softwood lumber products.

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PLM CEO being honored for leadership

John Smith is being recognized by the Insurance Society of Philadelphia.

BY HBSDealer Staff

John Smith, president and CEO of Pennsylvania Lumbermens Mutual Insurance Company, will receive the Distinguished Leadership Award from the Insurance Society of Philadelphia.

Every year, at their annual Independence Gala, the Insurance Society recognizes an insurance industry professional for demonstrating exemplary leadership, promoting insurance and associated industries, and providing ongoing support to the community and charitable enterprises.

The event is scheduled for Nov. 14 at the Kimmel Center for the Performing Arts in Philadelphia, Pa.

Smith joined PLM in 1998 as vice president of underwriting. Under Smith’s leadership, PLM has grown from a regional player to a market leader in the “wood niche” of insurance.

PLM insures 6,000 wood-related business in 48 states, developing over $230 million of written premium. PLM assets have grown from just over $100 million with policyholder surplus of $60 million to $540 million and $149 million respectively. Among America’s more than 30,000 wood businesses, PLM is recognized as the premier property casualty insurance provider faithfully serving the wood niche for 123 years.

 

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