People News

  • Big pay day for retired Black & Decker chairman

    Former Stanley Black & Decker chairman Nolan Archibald, who retired from the company in March of last year, received a compensation package totaling approximately $133 million last year, according to an annual proxy SEC filing the company published on Tuesday.

    A $51.4 million merger bonus contributed to the unusually high payout, which was "based on the annual run-rate of cost savings achieved by the company" as of his retirement that were attributable to the merger of Stanley and Black & Decker in 2010.

  • Briggs & Stratton adds corporate development SVP

    Briggs & Stratton announced Tuesday that Shaunna Balady had joined the Wisconsin-based company as SVP corporate development.

  • CG&P CFO leaves on a good note

    Central Garden and Pet Company had a big news day on Tuesday.

    For one, its senior VP and CFO Lori Varlas announced her resignation, effective Sept. 2.

    Two, the company released its quarterly earnings report, with all indications pointing to a strong last act for Varlas.

    Net sales for the third quarter ended June 27 were up 4.9% to $459.4 million, compared to $438.0 million for the year-ago period.

    Meanwhile, net income took a big leap from $4.7 million last year to $18.8 million in 2015.

  • Central Garden & Pet hires two new execs

    Central Garden & Pet Company has named two new senior executives to its leadership team, effective Oct. 10.

    William Lynch has been named senior VP operations, having most recently served as senior VP global operations for Moen, Inc.

    At his previous post, he was was responsible for supply chain strategy, engineering, strategic sourcing, planning, manufacturing, logistics, quality, and customer service. He also spent over 30 years at The Clorox Company in numerous management positions.

  • The HBSD Q&A: Tom Mahlke

    Tom Mahlke is CEO of Mid-States Distributing Co. Inc., which just unveiled a new logo (a red and brown M in a circle), a new slogan (The heart and soul of farm, ranch and home), and moved into a new headquarters (in Mendota Heights, Minnesota).

    He spoke with HBSDealer shortly after Mid-State’s “Rendezvous,” the co-op’s semi-annual market and trade show for its farm-and-ranch retailer membership. Here’s the edited conversation:

  • Chelsea Building Products adds R&D engineer

    Chelsea Building Products has hired Matthew Coulson as its research and development engineer specializing in proprietary PVC formulations. As part of Chelsea’s research department, Coulson will focus on the continued improvement of their PVC and composite PVC formulations.
     

  • Maria Frank takes over at Cabinets & Designs

    Maria Frank recently purchased Houston-based Cabinets & Designs from her father, Cabinets & Designs founder David Steffan Sr., who had owned the company for 40 years.

    "I feel very proud that my father has the confidence in me to continue the business," said Frank. "To take care of something that he's spent his life on is incredible."

  • Kraus Canada appoints new president & general manager

    Shawn Davies is leaving his post as VP of Sofina Foods to join Kraus Canada as its president and general manager, effective Sept. 23. 

    "Today is an exciting day in the history of Kraus," said Steve Malinowski, president and CEO of the Kraus Group of Companies. "I am pleased that Shawn will be joining the leadership team at Kraus."

    The company cited Davies' track record of substantial sales growth, strategic acquisitions and boosting profitability, among other successes.

  • COO of New Enterprise Stone & Lime Co. resigns

    James W. Van Buren has left his post as executive VP and CEO of New Enterprise Stone & Lime Co., Inc. Effective July 18, 2013, Van Buren is officially free to pursue other opportunities, though he will remain on the board of directors.

  • Dennis partners with Heat & Glo

    Lakeville, Minn.-based Heat & Glo partnered with HGTV personality and interior designer Lori Dennis on the release of a new REVO fireplace and the "Where Will You Revo" contest. 

    Contest entries will compete for the grand prize of a new REVO gas fireplace ($6,000 value) or one of seven $100 American Express gift card weekly prizes.

    The new REVO Series from Heat & Glo are available in square, linear, and vertical models, all featuring slim, 7-inch-deep profiles and a patented Razor burner for a “sleek look,” according to the company.

X
This ad will auto-close in 10 seconds