New Board Members’ Diverse Expertise Helps Guide Growing Retailer As a board of directors plays a crucial role in guiding a company, its members must be chosen with utmost care. A diverse board helps ensure that those members steering the company offer a broad range of insights based on distinct skills and experience. Rent-A-Center’s Chairman and Chief Executive Officer Mark Speese understood the importance of finding the right additions to […]
Pearson Partners Quickly Delivers First CIO for Newly Acquired Distribution Company When the global private equity firm Advent International completed its majority investment in Morrison Supply Company in November 2011, it planned to quickly double or even quadruple the size of the half-billion-dollar distribution company, which was already the fourth-largest distributor of plumbing and HVAC supplies in the United States. To achieve that goal, one of the first orders of […]
Pearson Partners Finds the Right Leader for a Private-Equity Portfolio Company In 2011, Chicago-based private equity firm Pfingsten Partners LLC invested in On Computer Services, a national power service and products company based in Terrell, Texas, and merged it with another company to create a new entity called Unified Power. Pfingsten Partners knew the business had enormous potential to grow into the premier independent company of its kind in North […]
Executives in Transition: Nothing But the Best for Greyhound’s Best and Brightest When Greyhound decided to move many of its shared service functions to its parent company, even top-level employees were not immune to the layoffs. Knowing that these valued executives would face a tough job market, Rhonda MacAndrew, Greyhound’s senior vice president, human resources, wanted to be sure they had every opportunity to successfully transition into new jobs. “I […]
The Right Candidate at the Right Time to Lead BMC Dallas/Fort Worth In the Western U.S., the building supply and materials market was booming in late 2012—especially in Texas, where the economy had taken less of a hit than the rest of the nation. The Boise-based building supply and service company BMC was making a strong comeback after rebuilding from a Chapter 11 bankruptcy filing in 2010 and transitioning from public […]