Ferguson Enterprises

CD&R Appoints Industrials Executive John Stegeman as Operating Advisor

Retrieved on:

Tuesday, November 21, 2023

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NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or "the Firm") today announced the appointment of John Stegeman as an Operating Advisor to CD&R funds, effective December 1, 2023.

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NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or "the Firm") today announced the appointment of John Stegeman as an Operating Advisor to CD&R funds, effective December 1, 2023.
Mr. Stegeman will work alongside CD&R's Industrials team to help pursue new investment opportunities and support portfolio company management teams as they execute their value creation plans.
Mr. Stegeman will retire as CEO of White Cap effective January 28, 2024.
"I look forward to working with the CD&R team to help build market-leading businesses in the industrials sector."

Champion of Technology Elevated to Managing Partner

Retrieved on:

Tuesday, August 8, 2023

PLANO, Texas, Aug. 8, 2023 /PRNewswire/ -- Veteran, solution-minded leader Kevin Barnes steps forward to become the inaugural Managing Partner, Pacific Northwest and Mountain West for Fortium Partners, the #1 provider of technology leadership. Kevin leverages 30 years of leadership in diverse industries to build client relationships and guide organizations through transformation initiatives.

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PLANO, Texas, Aug. 8, 2023 /PRNewswire/ -- Veteran, solution-minded leader Kevin Barnes steps forward to become the inaugural Managing Partner, Pacific Northwest and Mountain West for Fortium Partners, the #1 provider of technology leadership.
Kevin leverages 30 years of leadership in diverse industries to build client relationships and guide organizations through transformation initiatives.
I look forward to serving our clients and expanding our fabulous Partner community in the Pacific Northwest and Mountain West areas."
Kevin joined the firm in 2020 as a partner focused on diverse industries including consumer goods, retail, construction, real estate, agriculture and wholesale distribution companies.

Lex Machina Launches Enhanced Legal Analytics for Oregon State Courts

Retrieved on:

Wednesday, July 19, 2023

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MENLO PARK, Calif., July 19, 2023 /PRNewswire/ -- Lex Machina, a LexisNexis company, now provides Legal Analytics for nine Oregon Circuit Courts serving the following counties: Benton, Clackamas, Deschutes, Jackson, Lane, Linn, Marion, Multnomah, and Washington (the "Oregon Courts"). Lex Machina's Oregon Courts coverage extends to more than 230,000 civil cases.

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Lex Machina plans to release Legal Analytics for the remaining Oregon civil trial courts later in 2023.
"At Lex Machina, one of our highest priorities is to expand and enhance our state court Legal Analytics," said Chuan Qin, product manager at Lex Machina and lead on the Oregon state court module.
Lex Machina ensures the state court data and analytics are up to date by maintaining technology that continuously captures and enhances raw data from the state courts.
These state courts join the other state court modules already available on Lex Machina, comprising a current total of 57 state courts.

Crestline Hotels & Resorts: Newport News Marriott at City Center Partners with The DeGood Foundation to Host Rappelling Fundraiser for local Dolly Parton's Imagination Library

Retrieved on:

Wednesday, July 12, 2023

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NEWPORT NEWS, Va., July 12, 2023 (GLOBE NEWSWIRE) -- The Newport News Marriott at City Center is partnering with The DeGood Foundation to host a new fundraiser for Dolly Parton’s Imagination Library in Hampton Roads on September 22-23, 2023.

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NEWPORT NEWS, Va., July 12, 2023 (GLOBE NEWSWIRE) -- The Newport News Marriott at City Center is partnering with The DeGood Foundation to host a new fundraiser for Dolly Parton’s Imagination Library in Hampton Roads on September 22-23, 2023.
The event will allow over 5,000 new children to receive free, high-quality, age-appropriate books in the mail each month for one year.
The event also offers sponsorship options, including a “Toss Your Boss” sponsorship package, as well as numerous incentives and awards.
The Newport News Marriott at City Center is managed by Crestline Hotels & Resorts, LLC , one of the nation's largest independent hospitality management companies.

Turnbridge Equities and Manekin Raise $275 million for Development of National Capital Business Park, including $110 million of Joint Venture Equity from Qatar Investment Authority and PCCP, and $165 million of Construction Financing from Apollo

Retrieved on:

Tuesday, June 13, 2023

The transaction included approximately $275 million of construction financing and joint venture equity for the recapitalization and development of Phase I of NCBP, consisting of five Class A industrial warehouse buildings totaling 1.3 million square feet.

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The transaction included approximately $275 million of construction financing and joint venture equity for the recapitalization and development of Phase I of NCBP, consisting of five Class A industrial warehouse buildings totaling 1.3 million square feet.
Phase I of National Capital Business Park consists of five Class A industrial warehouse buildings that will range in size from approximately 160,000 square feet to 360,000 square feet across 94 acres.
“The impressive, institutional capital stack we have assembled for this best-in-class development speaks to the quality of the Turnbridge and Manekin teams and the project they have assembled here.
This project is the perfect case study of the market today – competitive, sophisticated capital stepping up for infill projects and top sponsors.”

Essency A Finalist for 2023 Edison Award for Innovation with New EXR Water Heater

Retrieved on:

Monday, February 27, 2023

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HOUSTON, Feb. 27, 2023 /PRNewswire/ -- Essency, an innovative startup leading the water heating industry forward with advanced hot water solutions, has been named a finalist for the prestigious 2023 Edison Award for Innovation for its groundbreaking EXR water heater.

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HOUSTON, Feb. 27, 2023 /PRNewswire/ -- Essency, an innovative startup leading the water heating industry forward with advanced hot water solutions, has been named a finalist for the prestigious 2023 Edison Award for Innovation for its groundbreaking EXR water heater.
The EXR is designed for homeowners who want a worry-free, long-lived, and easy-to-manage water heater that can meet all their hot water needs.
"Essency's EXR water heater stands out as the one water heater that can meet the hot water needs of virtually every home in America."
For more information on Essency and the EXR water heater, visit www.essency.com and visit www.edisonawards.com to learn more about the Edison Awards and Essency's role as a finalist for a 2023 award.

Stord Appoints CFO and CPO

Retrieved on:

Thursday, February 2, 2023

ATLANTA, Feb. 2, 2023 /PRNewswire/ -- Stord, the Cloud Supply Chain leader, today announced two additions to its executive team, Stephanie Fielding as Chief Financial Officer and Sara Feulner as Chief People Officer.

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She also spent 8 years at Amazon, where she led teams across Amazon Web Services, Operations, and Marketing Finance.
Stephanie is well positioned to guide Stord through this next phase of growth.
I look forward to working with Stephanie to achieve these goals," said Sean Henry, CEO and co-founder of Stord.
Stord has significantly expanded its physical offerings, including additional port-to-porch logistics capabilities and increased network capacity .

Oatey Co. names Christen Allen to Lead Expanded Sales Effort into Tile Showrooms

Retrieved on:

Wednesday, January 18, 2023

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Oatey Co., a leading manufacturer in the plumbing industry since 1916, has announced that National Showroom Sales Manager Christen Allen will now lead tile showroom sales in addition to the kitchen and bath market, serving as Sales Manager, Showroom and Tile Sales.

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Oatey Co., a leading manufacturer in the plumbing industry since 1916, has announced that National Showroom Sales Manager Christen Allen will now lead tile showroom sales in addition to the kitchen and bath market, serving as Sales Manager, Showroom and Tile Sales.
View the full release here: https://www.businesswire.com/news/home/20230118005881/en/
Oatey Co., a leading manufacturer in the plumbing industry since 1916, has announced that National Showroom Sales Manager Christen Allen will now lead tile showroom sales in addition to the kitchen and bath market, serving as Sales Manager, Showroom and Tile Sales.
(Photo: Oatey)
In her expanded role, Allen will nurture relationships with tile showrooms on behalf of Oatey and L.R.
“Christen brings a very strong pedigree in the bath and kitchen showroom space to Oatey,” says Patrick Aquino, Oatey Vice President of Sales, Wholesale.

Stord Hires Transportation and Sales Industry Leaders

Retrieved on:

Thursday, December 1, 2022

ATLANTA, Dec. 1, 2022 /PRNewswire/ -- Stord, the Cloud Supply Chain leader, today announced the addition of Doug King as Vice President of Transportation and Dan Klenkar as Vice President of Sales to its leadership team. Doug and Dan bring a combined 35+ years of industry experience and will use their expertise to continue Stord's accelerated growth trajectory and ensure DTC and omnichannel brands deliver exceptional experiences for their customers.

Key Points:

ATLANTA, Dec. 1, 2022 /PRNewswire/ -- Stord , the Cloud Supply Chain leader, today announced the addition of Doug King as Vice President of Transportation and Dan Klenkar as Vice President of Sales to its leadership team.
Doug joins as VP of Transportation to lead the development and commercialization of Stord's full suite of transportation services including drayage, truckload (FTL), less than truckload (LTL), and Stord Parcel .
More recently, he led transportation at Ferguson Enterprises, the nation's largest distributor of residential and commercial construction products, focusing on FTL, LTL, and parcel.
As VP of Sales, Dan will leverage his 20+ years of supply chain and logistics sales experience to ensure Stord customers reap the benefits of Stord's port-to-porch logistics, paired with Stord One Commerce software.

An Achievable Dream Announces Sponsors of Class of 2023 at 30th Anniversary Celebration

Retrieved on:

Friday, November 18, 2022

NEWPORT NEWS, Va., Nov. 18, 2022 /PRNewswire/ -- An Achievable Dream (AAD) announced, Riverside Health System and William B. "Bill" Downey, retiring CEO, and his family as the sponsor of the Class of 2023 during AAD's 30th Anniversary Celebration on Saturday, November 12, 2022, at Christopher Newport University. Guests gathered to celebrate 30 years of dreams and nearly 1,000 graduates from the innovative education program. As a class sponsor, The Downey's and Riverside have committed to providing annual merit scholarships for each member of the class for each year they attend college and maintain a certain grade point average. The graduates of the Class of 2023, who were honored at the 30th Anniversary Celebration, will be known as the Downey Family and Riverside Health System Scholars.

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"Bill" Downey, retiring CEO, and his family as the sponsor of the Class of 2023 during AAD's 30th Anniversary Celebration on Saturday, November 12, 2022, at Christopher Newport University.
The graduates of the Class of 2023, who were honored at the 30th Anniversary Celebration, will be known as the Downey Family and Riverside Health System Scholars.
Of the Downey's sponsorship of the Class of 2023, Dr. Lee Vreeland, president and CEO of An Achievable Dream, shared, "I could not think of a better sponsor for this class.
We are honored that Bill and his family and Riverside Health System have chosen to sponsor the Class of 2023."