Categories: General Date: Nov 29, 2012 Title: The Stow Company Names Frank Newman as President and CEO
HOLLAND, MI – November 29, 2012, The Stow Company Inc., a leader in custom home storage and organizational products, announced that Frank Newman has been appointed as president and chief executive officer, effective immediately.
Newman brings over 25 years of experience as a CEO. Prior to joining The Stow Company in May 2012 as interim president and CEO, Newman was chairman and CEO of Medical Nutrition USA, Inc. (NASDAQ) from 2002-2011. He previously served as president and then chairman and CEO of Eckerd Corporation (NYSE) from 1993-2001, one of the largest drug store chains in the U.S, and prior to that was president and CEO of F&M Distributors, Inc. (NASDAQ) from 1986-1993. Newman previously held senior executive positions at Household Merchandising Inc., F.W. Woolworth Company, and HRT Industries.
As a director of leading global and national companies, Newman has an extensive background in international and domestic marketing and manufacturing. He has been a director of Jabil Circuit Inc. (NYSE) since 1989, and has also served as a director of Joann Stores Inc. (NYSE), Medical Technology Systems Inc. (AMEX), and AmSouth Bancorporation (AMEX).
“I am honored to lead this fine and talented team, all of whom are energized about the future growth of the company and committed to providing a superior customer experience from start to finish,” said Newman. “Our focus is on growing the business through world-class manufacturing and exceptional execution, innovation and speed-to-market.”
About The Stow Company
Founded in 1984 in Holland, Mich., The Stow Company is a leading provider of custom storage and organization systems for all areas of the home, including the closets, garage, pantry, laundry and mudroom, as well as entertainment centers, wall-beds and more. The Company’s innovative products and services are tailored to specific customers needs through three distribution channels. ORG Home custom solutions are available through a nationwide network of authorized design and installation dealers. EasyClosets do-it-yourself, custom-cut products are sold primarily online at www.easyclosets.com. And, Easy Track modular storage systems are available through leading home improvement retailers. The Stow Company is part of the Windquest Group, and has manufacturing plants in Holland, Mich., and Pine Brook, N.J.