Full TGIF Record # 115522
Item 1 of 1
Publication Type:
i
Trade
Author(s):Bailey, Mike
Author Affiliation:Senior Writer, Golfweek's SuperNEWS
Title:Lesco completes reorganization
Section:Business report
Other records with the "Business report" Section
Source:Golfweek's SuperNEWS. Vol. 7, No. 21, November 25 2005, p. 8.
Publishing Information:Orlando, FL: Turnstile Publishing Company
# of Pages:1
Keywords:TIC Keywords: Business profile; Business management; Equipment industry; Distribution (economics); Economic impacts
Business Name:Lesco Inc.
Abstract/Contents:Announces the appointment of Jeffrey Rutherford as president and chief executive officer (CEO) of Lesco, Inc. States that "Rutherford, 44, replaces Michael DiMino, who...was directed by the board of directors to step down as president, CEO and director." Profiles Rutherford, highlighting his career history, stating that "before joining Lesco in 2002, Rutherford spent four years with OfficeMax Inc. He started at the new Itasca, [Illinois]-based company as senior vice president and treasurer and eventually became the company's CFO [chief financial officer]." Details Lesco's reorganization process, stating that "Lesco has transitioned from a vertically integrated business model to a company that is now focused on the profitable growth of [their] store segment composed of Service Centers and Stores-on-Wheels." Concludes that "Lesco serves more than 130,000 customers worldwide and is the largest supplier of turfcare products for the professional with a record $563 million in sales [in 2004]."
Language:English
References:0
Note:Pictures, color
ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete):
Bailey, M. 2005. Lesco completes reorganization. Golfweek's SuperNEWS. 7(21):p. 8.
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