Dick DeVos recently announced he was appointing Phil Dolci as Chief Executive Officer of the Stow Company, one of the private companies controlled by his holding company the Windquest Group. The Stow Company is a large firm in the custom home storage sector. It’s based in Holland. The prior CEO, Frank Newman, is retiring, but will continue to serve the company on advisory boards.
Although just 48 years old, Dolci has many years of experience in the marketing and manufacturing of consumer products. Dolci comes from the Crosman Corporation, where he also served as CEO. Crosman is a leader in the global shooting sports industry. He also worked for U.S. Playing Cards, Kraft Foods, Sanford, ConAgra Foods and Dean Foods. He graduated from the University of Chicago with a degree in economics, and earned his MBA from the Kellog School of Management at Northwestern University.
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The Stow Company was founded in 1984. It has two manufacturing plants, one in Holland and one in Indianapolis. Combined, they employ 280 people. Its sells products under four separate brands: ORG Home, Easy Closets, Easy Track and Distinctive Wine Cellars. DeVos said Dolci would bring the kind of knowledge and experience that would drive the Stow Company to grow in the home organization market in the coming years.
DeVos formed the Windquest Group after leaving Amway as CEO. It owns a portfolio of private companies. Besides the Stow Company, Windquest owns Boxwater, Neurocore and The Reserve, a restaurant in downtown Grand Rapids Michigan. The Stow Company is one of the largest companies within the Windquest Group.
Dick DeVos became first known as the son of Richard DeVos, co-founder of the network marketing company Amway. Not counting how he helped ship off packages of products from their basement while he was still a child, he went to work for Amway out of college. He worked his way up, taking over the international section and within just a few years growing it so large its profits almost equalled those the company made in the United States. Eventually he took over as President and CEO from his father. He spent three years as President of the Orlando Magic. DeVos and his wife Betsy are well-known in Michigan.
They are active and generous contributors to various charitable and conservative political causes. DeVos is also a prolific author of books on success in business, including Believe! about Amway and his values.
The Forbes 400 list tends to attract the attention of many each year when it comes out. Perhaps we just like to see who some of the most wealthy people on the planet are, or maybe we are somewhat jealous of their success. Whatever the case may be, there is no question that this list garners a lot of attention when it comes out. However, one person on the list who some may have missed is Ken Griffin. Ken Griffin is not a household name in the way that Bill Gates or Mark Zuckerburg are, but that does not make him any less important. In fact, he is one of the more active people on the list in terms of jumping up that list year after year. This has to do with the fact that he is amassing some wealth for himself through his investment firm known as Citadel. Citadel is a firm that was founded by Griffin with the intention of working in the markets in the ways that only he knows how to do well. This mean that he put his investment ideas to the test with the firm and that he worked hard to build it into something that could beat the markets on a regular basis. In 2015, Griffin was highly successful in his quest to beat the markets. A 13% return in the first eight months of 2015 looks incredibly good to most. It was something that Citadel accomplished by being patient and not panicking when the market was in turmoil during the month of August. A lot of other professionals and firms lost money during that period of time, but Citadel just continued to march on. The firm is finally getting its accolades in the market, and they are well deserved. There are few who could say that they pulled off something like this during one of the worst markets in recent memory, but Citadel did. Ken Griffin is definitely someone to watch by simple virtue of the fact that he is proving that he can make it even when the markets get tough and others run for the door.
Bruce Levenson is many things: an entrepreneur, a business person, a journalist and a former owner of an NBA team. He did not start out as all of the above and had obviously worked hard for his success. Bruce was born on October 1, 1949, in
Washington, DC and grew up in Chevy Chase, Maryland. He studied at the Washington University in St Louis and studied Law at the American University where he took night classes having started his career as a journalist at the Washington post. Bruce co-founded the United Communication Group (UCG) in 1977 with Ed Peskowitz. They started the company in a storage room above his father’s house and managed to propel and grow the organization into the big corporation it is today. The United Communication Group is an organization that specializes in news and analysis for healthcare, energy mortgage banking, technology, telecommunications and data among others. The organization also has and is involved in the operation of a mobile app called GasBuddy. This is used to help drivers find local low gas prices. Bruce is married to Karen Boyarsky Levenson and is a father to three children namely; Scott Daniel Levenson, Brian Keith Levenson, and Michael Levenson. Bruce and his wife have homes in both Maryland and Atlanta.
Levenson is a co-owner of the Atlanta Hawks LLC which was previously called Atlanta Spirit LLC. The Atlanta Hawks LLC is the owner, operator and manager of the Philips Arena and Atlanta Hawks basketball team. Other than that, Bruce is a founding board member and is on the board of directors of Tech Target, which is an IT media company and providers of technologies on a worldwide scale. He is a majority partner of the company and he served as its director for 13 years from 1999 to 2012. He is also an adviser for BIA Digital Partners and is on the Board of Directors of Newsletter and Electronic Publishers Association (NEFA). Through his involvement in these organizations, he was inducted into the software and information industry.
Bruce Levenson has been involved in a large number of charity events some of which he conducts with his wife, Karen. He served as the president of I Have a Dream Foundation, which helps children who cannot afford higher education access it. This foundation aims at giving these children an opportunity to pursue further education despite their shortcomings financially.He is also among the founding donors of the U.S Holocaust Museum. In a way, he honors his forefathers as he is a Jew himself and his mother-in-law are a holocaust survivor. He has widely funded other numerous education initiatives other than I Have a Dream. He seeks to ensure the provision of an education and empowerment of the next generation of leaders giving them the tools and knowledge for handling the future. He also aims to encourage the young to indulge in non-profit organizations to help others in future and impact their knowledge to others as well.