Founder of the Stow Company Inc., Dick DeVos Appoint a New CEO for the Company

Dick DeVos is a Michigan entrepreneur businessman and the founder of The Stow Company Inc., one of the largest companies in custom home storage and organization products industry. Earlier this year, Dick DeVos appointed Phil Dolci, 48 to be the incoming CEO of the company following the retirement of Frank Newman, 67 year. Newman however will be retained as a member of the board of advisors in the company.

 

Phil Dolci has earlier been working at a company owned by Dick DeVos’s wife, Windquest Group, the Grand Rapids-based Corporation based in Holland. Phil is described as a complete leader with more than 25 years of experience as reported by Mlive, in consumer products manufacturing and marketing. He recently was involved with Crosman Corporation, serving as the company Chief Executive officer. Crosman is recognized for its savvy in designing, manufacturing and supplying shooting sports products and is based in Cincinnati.

 

Phil is expected to bring into the company, the kind of experience and knowledge that will stimulate growth, expansion and presence in the home organization industry according to the founder of the company, Dick DeVos. They entire company’s team also acknowledge the Frank Newman for his exceptional leadership in the company over the last five years.

 

Dolci continue to serve different leadership positions at US Playing Cards, a Jarden Corporation’s subsidiary, ConAgra Foods, Kraft Foods, Sanford (a subsidiary of Newell Rubbermaid) and Dean Foods. Academically, Dolci earned his MBA from Northwestern University, School of Management and a Bachelor’s Degree in Economics from Chicago University.

 

About Dick DeVos

 

Dick DeVos has had an enormous journey in the world of business. He career began in Amway Corporation in 1974 where he was employed to oversee various divisions in the company including finance, sales, marketing, research and development and manufacturing. This earlier in 1974. Later in the year 1991, the DeVos family purchased the National Basketball Association’s Orlando Magic, with Dick DeVos becoming the CEO of the team. Two year down the line, Dick DeVos ceased being the president and CEO of Orlando Magic, rejoining Amway as its president. After succeeding his aging father. After working with the company for several years, Dick DeVos finally retired in 2002 having made the company’s highest amount of profit in a fiscal year as detailed in Wikipedia.

 

Together with his wife, the couple established the Stow Company Inc., a company that presently has manufacturing facilities at 3311 Windquest Drive in Holland and Indianapolis. The company has employed more than 280 people and sell products under its brands; EasyClosets do-it-yourself, Distinctive Wine Cellars and Easy Track Modular Storage systems.

 

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