Rob Hoffman, Scott Hill join Powell in executive posts
Both were most recently with Coaster
Ray Allegrezza -- Kids Today, 7/12/2010 11:43:39 AM
CULVER CITY, Calif. - Full-line importer Powell has expanded its executive team with the hiring of two industry veterans, Rob Hoffman and Scott Hill.
According to Powell CEO Jim Ziozis, Hoffman will be executive vice president of sales and marketing and Hill will be vice president of sales.
Prior to joining Powell, Hoffman, who reports to Ziozis, was executive vice president of Coaster of America's Private Reserve division. Earlier, he was the president of Ashley's case goods division.
Hill most recently was vice president of sales at the Private Reserve division, and earlier had been with Ashley as vice president of sales for the company's Millennium Division. At Powell, he reports to Hoffman.
Ziozis, who purchased Powell last August, said the hires underscore the company's ongoing reorganization of the management team in order to position it for rapid growth this fall and beyond.
"I feel that bringing in these two proven industry leaders who each bring years of experience has allowed us to stack our team of winners with two additional winners," Ziozis said.
"Rob has been in the business for over 30 years and his leadership and vast knowledge of products, sales, marketing and the people in this industry make him the perfect person to lead Powell into the future," he said. "Scott's management skills, dealer following and tremendous sales ability make him the perfect person to add to the Powell Co.'s vice presidents, which also include Gary Glick, Clay Ackard and senior vice president of merchandising John Conrad."
Ziozis said the company had suffered declines since the end of 2006. He said that when he acquired Powell last year, his first order of business was to reorganize and stabilize the company, "which we did in short order."
He added that the company has had positive financial results recently. He also said Powell recently got a new credit line to allow it to rebuild inventories and increase the number of items in its core in-stock lineup, to better serve its broad base of dealers.
"In June, Powell successful negotiated and received an excellent working capital line of credit from The Union Bank," Ziozis said. "In light of the fact that many banks with liquidity have been slow in putting that liquidity to work, this was a great vote of confidence, especially since the furniture industry has challenged for so long."
He declined to give a dollar amount of the credit line, other than to say it was "more than sufficient."
We would love your feedback!
-
Mark Price joins Powell Furniture as VP of Sales
May 10, 2011 -
Bruce Cohenour resigns as Hooker Furniture executive
Nov 30, 2010 -
Former Powell execs heading CR International
Sep 17, 2009 -
Eva Walsh rejoins Dallas Market Center
Feb 2, 2012 -
Fred Henjes named president of Riverside
Mar 15, 2010
Featured Company
-
Wright Labels
Bill and Tom Wright founded Wright of Thomasville in 1961 on the idea that printing was a creative medium and the belief that "a promise made is a promise kept." The Wright brothers focused their attention on providing exceptional printing for the... more
