Brown Jordan Inc. Announces Gene J. Moriarty to Step Down as President and Chief Executive Officer

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Brown Jordan Inc. (“Brown Jordan” or “BJI”) announced today that after 18 years of distinguished service, Gene J. Moriarty will be retiring later this year as president and chief executive officer.

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
星期四, 五月 11, 2023
Information
Tags: 
Interior Design, Retail, Home Goods, Residential Building & Real Estate, Commercial Building & Real Estate, Specialty, Construction & Property, Littlejohn & Co., Global recession, Great Recession, Growth, BJI, Gene, Faber-Castell, Littlejohn
Geotags: 
FLORIDA, UNITED STATES, NORTH AMERICA, NEW YORK, CT
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摘要
Key Points: 
  • Brown Jordan Inc. (“Brown Jordan” or “BJI”) announced today that after 18 years of distinguished service, Gene J. Moriarty will be retiring later this year as president and chief executive officer.
  • “On behalf of the Board, I want to thank Gene for his countless contributions to Brown Jordan, which span nearly two decades,” said Michael Klein, chief executive officer of Littlejohn.
  • Mr. Moriarty helmed the successful integration and growth of two key acquisitions: Tropitone Furniture in 2014 and Castelle in 2019.
  • “Leading Brown Jordan for the past 18 years has been the honor of my career,” said Gene Moriarty.


Brown Jordan Inc. (“Brown Jordan” or “BJI”) announced today that after 18 years of distinguished service, Gene J. Moriarty will be retiring later this year as president and chief executive officer. BJI is a portfolio company of Littlejohn & Co., a private investment firm based in Greenwich, CT.

Through a portfolio of six brands, during Mr. Moriarty’s tenure, BJI emerged as a leading designer, manufacturer and marketer of indoor and outdoor furniture serving both commercial and consumer markets. His leadership, operating expertise, and business acumen have effectively positioned the Company for a new phase of growth.

“On behalf of the Board, I want to thank Gene for his countless contributions to Brown Jordan, which span nearly two decades,” said Michael Klein, chief executive officer of Littlejohn. “Gene has been a strong and transparent leader of the Company, and thanks to his stewardship, BJI is poised for a seamless transition and continued success.”

Early in his tenure, Mr. Moriarty negotiated a critical recapitalization of the business that positioned the Company for strong and profitable growth coming out of the Great Recession. Among Mr. Moriarty’s many accomplishments, include introducing several award-winning collections, establishing partnerships with several leading designers, expanding and modernizing the Company’s manufacturing footprint, and opening four new retail showrooms in major markets including Brown Jordan’s new flagship showroom in New York and soon to open Chicago flagship.

Mr. Moriarty helmed the successful integration and growth of two key acquisitions: Tropitone Furniture in 2014 and Castelle in 2019. Both of these acquisitions strengthened BJI’s residential and commercial businesses, broadened its manufacturing footprint, and added significant talent to the Company.

“Leading Brown Jordan for the past 18 years has been the honor of my career,” said Gene Moriarty. “With BJI well-positioned for its next chapter of growth, now is the right time for me to pass the baton. I look forward to exploring several exciting new endeavors.”

Mr. Moriarty remains an equity shareholder of BJI and is committed to the long-term success of the Company. To that end, he has agreed to remain CEO until a successor is in place and in an advisory capacity through the end of the year to help ensure a smooth transition.

About Brown Jordan Inc.

Brown Jordan Inc. is a leading designer, manufacturer and marketer of lifestyle brands serving the residential and commercial outdoor and indoor furniture markets. The Company offers innovative designs and superior quality through its portfolio of lifestyle brands that include Brown Jordan, Tropitone, Castelle, Charter, Texacraft, and Winston.

Brown Jordan Inc. is vertically integrated with several manufacturing facilities located domestically, as well as in Costa Rica and Mexico. The Company sources products from cost-effective regions including China, Thailand, Indonesia, and Vietnam.

The Company’s products are constructed of extruded, wrought and cast aluminum, as well as stainless steel, teak and woven resin. Brown Jordan furniture is designed for both home and hospitality settings, including outdoor environments, public spaces, resort and hotel guest rooms, as well as apartments, condominiums, and country clubs. The Company brings innovative designs to market through a network of sales representatives, specialty dealers, and Company showrooms.

Founded in 1945 by Robert Brown and Hubert Jordan in Pasadena, California, Brown Jordan Inc. has grown to become the leading lifestyle platform in the outdoor and indoor furniture market, featuring scale and diversity across products, customers, suppliers, and distribution channels.

Brown Jordan Inc. has developed a culture of operational excellence, quality, and continuous innovation over its 75+ year history. With a distinct team of internal and best-in-class product designers for each segment, Brown Jordan, Inc. is continuously refreshing its portfolio to adapt to evolving consumer tastes and styles. Brown Jordan, Inc. has won over 50 design excellence awards—more than any other manufacturer in outdoor furniture.

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