Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

Preferred Mutual Appoints Two New Members to Board of Directors


“They bring decades of leadership and expertise in property & casualty insurance auditing and accounting, and engineering and advanced computing technologies, respectively,” said Preferred Mutual President and Chief Executive Officer, Christopher P. Taft.

Preferred Mutual Insurance Company (“Preferred Mutual”) is pleased to announce the appointment of two new members to the company’s board of directors.

Joining the board are Heidi Hoeller, CPA, retired Partner, PricewaterhouseCoopers, and Dr. Michael Hayduk, Deputy Director, Information Directorate for the Air Force Research Laboratory. Hoeller will serve on the Audit and Risk Committee, and Hayduk will serve on the Compensation Committee.

“We are excited to welcome Heidi and Michael to our board of directors. They bring decades of leadership and expertise in property & casualty insurance auditing and accounting, and engineering and advanced computing technologies, respectively,” said Preferred Mutual President and Chief Executive Officer, Christopher P. Taft. “Heidi and Michael’s perspective and insight will be vital as we navigate the current state of the industry during this unprecedented time while also focusing on strategies for the future of our organization. We look forward to their contributions as we continue to deliver on our commitment to helping customers Live Assured.”

Heidi Hoeller, CPA, is a retired Partner from PricewaterhouseCoopers (PwC). She spent over 25 years at PwC working with global and regional property and casualty insurance clients on regulatory and compliance reporting and audits. She is a CPA, and also a champion of diversity and inclusion in the workplace.

Dr. Michael Hayduk is currently Deputy Director, Information Directorate for the Air Force Research Laboratory in Rome, NY. He has spent almost 30 years with the Air Force Research Laboratory, and has held many positions while honing his engineering, networking and communication technologies expertise. He also has significant research and development experience in advanced computing technologies, such as nanocomputing, quantum computing, optical computing, and computational intelligence.

About Preferred Mutual

Preferred Mutual Insurance Company provides property and casualty insurance coverage to more than 232,000 individual and business customers through a network of more than 500 independent agents throughout New York, New Jersey, Massachusetts and New Hampshire. In business since 1896, Preferred Mutual is rated “A” by A.M. Best Company and is headquartered in New Berlin, New York. Learn more at http://www.preferredmutual.com.

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Hans Haglund Brings Business Development and Sales Acumen to Foundation Software Group


Hans Haglund

Hans Haglund Joins Foundation Software Group as VP of Business Development

“Hans is in a unique position to share how Foundation goes way beyond traditional CRM tools, allowing more lawyers and BD departments to begin unlocking relationship knowledge for themselves.”

Foundation Software Group, developer of the only firm intelligence platform for law firms, announced today that Hans Haglund has joined the company as VP of Business Development. Haglund has a reputation for driving revenue by connecting the dots across client and firm relationships in the pursuit of new opportunities. He is in a unique position to guide firms on how to use their collective intelligence in Foundation to support clients, identify strategic opportunities, and grow business.

As a C-level exec, Haglund has led multiple business development, marketing, sales, and pursuit teams at several top law firms, including Eversheds Sutherland, Blank Rome, Patton Boggs, and Paul Hastings. His approach to business building includes teaming up with top rainmakers to provide rich relationship and experience intelligence that enhances outcomes and fuels regenerative revenue sources. Recognizing the value of a holistic client view, Haglund also co-founded Manzama (acquired by Diligent Software Group) to provide client intelligence to law and professional services firms. He is a member of several M&A and venture capital professional organizations, a board member of two emerging growth companies, and a partner in an early stage investment fund.

“Hans was one of the first to recognize the value of firm intelligence across Business Development and rainmaking partners at law firms,” noted Nate Fineberg, CEO and co-founder of Foundation Software Group. “We’re really excited that he’ll be able to share his approach with the growing Foundation community.”

“The top revenue generating lawyers and business development professionals have a unique understanding of the complex ecosystem of investors, lenders, operating companies, financial advisors, and others that consummate business transactions,” according to Christian Berger, Senior Advisor at McGuireWoods. “With that background, Hans is in a unique position to share how Foundation goes way beyond traditional CRM tools, allowing more lawyers and BD departments to begin unlocking relationship knowledge for themselves.”

“Everyone is trying to generate deal flow. Foundation supports those initiatives better than anyone other product in the marketplace. The ability to uncover and leverage previously hidden connections among buyers, sellers, contacts, and the work a firm has done is transformational,” said Haglund, “I’m fired up to be joining Foundation to help firms harness their intelligence around deals, litigation, and other matters to win and keep more business.”

About Foundation Software Group

Foundation Software Group enables large law firms to transform their disparate data about clients, matters, people, and parties into usable and actionable information. Its Firm Intelligence platform includes integrated applications for Experience Management, Expertise Location, and Client Management — leveraging firm knowledge to win new business, improve client service, and gain insight into both the business and practice of law. Foundation is led by an accomplished team of professionals with deep experience in successful law firm application development. Please visit https://foundationsg.com for more information.

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Mobile Education Platform, Aceable, Welcomes Marissa Tarleton as New Company President and Esther Lem as Board Member


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Aceable, a mobile-first education platform for certification and training products, today announced that Marissa Tarleton has joined as president, effective May 4, 2020. Tarleton most recently served as chief executive officer of RetailMeNot, also based in Austin, Texas. Founder, Blake Garrett, will remain as chief executive officer.

Garrett founded the company in 2012, raised nearly $60 million in venture capital, and has led the organization to growth with practical and fun mobile training in drivers education, defensive driving, and real estate education. With over one million learners a year and 200 employees worldwide, Aceable is well-positioned to transform how consumers access the courses needed to open doors in their lives.

“Over the last six years, Aceable has been fortunate to go from teaching zero to one and a half million learners per year. That growth trajectory, coupled with the recent rapid shift to online learning means mobile-first education solutions are more important than ever. In order to expedite the pace at which we help unlock student’s dreams, it was time to strengthen our talented leadership team. It’s an honor to partner with Marissa as we keep pushing the limits of what Aceable can help students achieve. “

Marissa Tarleton joins Aceable from RetailMeNot where she served as chief executive officer. She has demonstrated leadership in building digital marketplaces that benefit both consumers and brands. Tarleton has over 20 years of e-commerce and marketing leadership experience for companies including RetailMeNot, RxSaver by RetailMeNot, Dell and Ogilvy & Mather. She was named a top 50 CMO on the inaugural Forbes CMO Next list in 2018, is a member of YPO Austin, and is a 2020 Henry Crown Fellow of the Aspen Institute. She earned her bachelor’s degree from Colgate University and a Master of Business Administration from the University of Texas at Austin.

“I am thrilled to be joining the top-notch talent at Aceable to help revolutionize how consumers access mobile training and certification during a time when the country needs it most.”

Also joining the Aceable team is a new board member, Esther Lem. Esther serves as the Chief Marketing Officer for Chegg Inc., where she oversees all aspects of the Chegg brand and the end-to-end user experience. Chegg is an education technology platform that supports students and helps them learn through every step of their academic journey. Previously, Esther held various senior marketing roles at Unilever stewarding many brands including Dove and Axe.

“I am excited to join the Aceable board, and plan to leverage my experience bringing overwhelming value to customers in their education experience together with my deep consumer understanding to help accelerate Aceable’s growth in this increasingly popular, on-demand EdTech space,” said Lem.

“There are educational barriers between people and the lives they want. Aceable has a tremendous opportunity to demolish these barriers across countless industries. As more and more people turn to online learning for personal and professional development, Aceable will be there to serve their needs. The addition of these two remarkable leaders to our team will help ensure we fulfill our vision,” says Garrett.

About Aceable

Headquartered in Austin, Texas, Aceable is a mobile education platform that offers accredited education anytime, anywhere. Replacing tired formats with dynamic content that’s easy-to-use across all platforms and devices, Aceable makes required education relevant, convenient and fun. From its’ origins in driver’s ed—where it now has 70% of the Texas market—to the meteoric growth of real estate training, Aceable aims to empower tens of millions of people with the high-stakes education they need to accomplish their life goals and is consistently named one of the best places to work in Austin (Austin American Statesman and Austin Business Journal). Lastly, Aceable is proud to have received backing from storied investors like Sageview Capital, Silverton Partners, Floodgate Fund, Next Coast Venture Partners, Wildcat Venture Partners, Nextgen Partners, and the Capital Factory Fund. For more information about Aceable, visit http://www.aceable.com.

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Klaas Knot, President of De Nederlandsche Bank, joins the Group of Thirty


Klaas Knot

The Group of Thirty (G30) announced today that Prof. Dr. Klaas Knot, President of De Nederlandsche Bank and Vice Chair of the Financial Stability Board, has accepted an invitation to join the Group’s membership.

The Group of Thirty, founded in 1978, is an independent global body comprised of economic and financial leaders from the public and private sectors and academia. It aims to deepen understanding of global economic and financial issues, and to explore the international repercussions of decisions taken in the public and private sectors.

Dr. Jacob A. Frenkel, Chairman of the Board of Trustees, stated: “We are delighted to welcome Klaas to membership of the G30.” Dr. Frenkel continued: “I know his incisive intellect and careful analytical approach to addressing the many challenges the global financial community confronts will add a great deal to our collective deliberations.”

Tharman Shanmugaratnam, Chairman of the G30, said: “The Group’s policy deliberations and studies will be more important than ever in the wake of COVID-19 and the unprecedented challenges it will pose in the coming years, wherever we are. I look forward to Klaas’s contributions to this future thinking.”

Professor Klaas Knot stated: “I am pleased to join such an illustrious membership. I look forward to engaging on issues of greatest concern globally and supporting the G30’s mission.”

A full G30 membership list is available at http://group30.org/members.

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NAIFA to Moderate CEO Panel with ACLI, IRI and SIFMA


Susan Neely of ACLI, Kevin Mayeux of NAIFA, Wayne Chopus of IRI and Ken Bentsen of SIFMA

CEO Panel to be held May 12th at 1 pm EDT

Our organizations are coming together to identify synergies where we can partner together to better serve Main Street Americans

CEOs of the four largest financial industry associations will explore the COVID-19 pandemic’s impact on the economy and how they can coordinate efforts to help main street Americans, families and businesses. The panel discussion will take place on Tuesday, May 12, from 1:00-2:00 pm EDT via Zoom.

The panelists will be Susan Neely, President and CEO of the American Council of Life Insurers (ACLI); Ken Bentsen, President and CEO of the Securities Industry and Financial Market Associations (SIFMA); and Wayne Chopus, President and CEO of the Insured Retirement Institute (IRI).

Titled “Serving Main Street in a New Normal”, the session’s objective is “to create a conversation around what each association is doing to support their members and the industry and the importance of coming together and building synergies to support the industry,” according to Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors, who will moderate the panel.

About:

The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 280 member companies represent 94 percent of industry assets in the United States.

The IRI is the leading association for the entire supply chain of insured retirement strategies, including life insurers, asset managers and distributors, such as broker-dealers, banks and marketing organizations. IRI members account for 90 percent of annuity assets in the U.S., include the top ten distributors of annuities ranked by assets under management and are represented by financial professionals serving millions of Americans. IRI champions retirement security for all through leadership in advocacy, awareness, research and the advancement of digital solutions within a collaborative industry community.

Founded in 1890, NAIFA is the oldest, largest and most prestigious association representing the interests of financial services professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for financial services professionals and called upon members to grow their knowledge while following the highest ethical standards in the industry.

SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).

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How Future Car Insurance Payments Will Be Affected By The Current COVID-19 Outbreak


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“There are many factors that affect the price of car insurance. Even if today there are fewer cars on the roads and fewer claims, this situation is temporary and policyholders shouldn’t count on their short-term savings to last too far into the future”, said Russell Rabichev, Marketing Director

Compare-autoinsurance.org has launched a new blog post that presents the effects of coronavirus outbreak on the future car insurance payments.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/what-effects-the-current-covid-19-pandemic-will-have-on-future-car-insurance-premiums/

Stay at home restrictions imposed by authorities due to the coronavirus outbreak have caused vehicles across the US to sit in garages and in parking spots for long periods of time. The significant reduction in driving has resulted in fewer claims and higher profits for insurance providers. For this reason, most insurers are voluntarily offering relief to their customers. It is estimated that car insurance companies will be giving back a total of $10.5 billion in premiums and various benefits

Although it’s too early to know how the current crisis will affect auto premiums over the long term, many believe that the insurance rates are likely to return to pre-coronavirus levels. However, there are many factors to consider, including the following:

  • How often policyholders will drive. The annual mileage is an important factor used to determine car insurance premiums. Since the crisis began, a record number of employees and self-employed workers have been working from home. Many workers and companies that have operated successfully during the pandemic with remote teams may be getting used to the work-from-home setup and extend it as a benefit. Office workers are likely to adjust down their estimated annual mileage, or even switch to a usage-based policy if they continue to work-from-home. On the other hand, service workers are likely to return to their normal habits and see their rates return to normal in a few months.
  • Claim frequency. In this time of crisis, vehicle accidents and claims are down significantly. This is normal because drivers are on the road for shorter periods and are less exposed to accident risks. This situation is not going to last for long. Once shelter-in-place policies subside, road traffic, car insurance claim rates, and car insurance premiums should return to normal.
  • Policyholder difficulties. To date, more than 30 million Americans have filed for unemployment insurance benefits during the COVID-19 pandemic. Some industries will recover quickly after the pandemic is over, while other industries will suffer for years to come. Less overall economic activity means that many drivers will not be able to pay their auto loans, leases, or car insurance. Insurance providers are likely to increase premiums to offset their losses caused by unemployed policyholders who can’t afford insurance.
  • Distracted driving. The legislation and enforcement against the use of handheld devices while driving is another factor used to determine premiums. According to III, mobile phone use is a factor in 14% of distraction-related fatal crashes. However, many believe that the percentage might be higher.
  • Natural disasters frequency. Car insurance got more expensive due to devastating natural events such as hurricanes, tornadoes, wildfires, and floods. If insurance providers will experience more comprehensive claims and losses, then it’s likely to increase the premiums for clients who live in states that are affected by extreme weather events.
  • The profitability of the insurer’s portfolio. The current low-interest-rate environment means carriers will have reduced investment income for the foreseeable future. Because of this, providers are likely to increase the premiums or to eliminate coronavirus-related relief to remain profitable.


For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Inc. Magazine Reveals Annual List of Best Workplaces for 2020


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“Having engaged and happy employees allows us to focus on our customers and their needs more closely, every single day.”

Hippo, the high-growth company that’s transforming home insurance and ownership, has been named to Inc. magazine’s annual list of the Best Workplaces for 2020. Hitting newsstands May 12 in the May/June 2020 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.

HIppo Home Insurance offers modern insurance coverage with smart home devices and is available to nearly 65 percent of U.S. homeowners across 25 states. Driving north of $200 million in premiums, Hippo now has more than 250 employees across three offices including its Palo Alto, California headquarters and its Texas-based offices in Austin and Dallas insurance offices. Across its three offices, female managers account for more than half of the company’s management team and over a third of its leadership is female.

Hippo, the family of companies that includes Hippo Home Insurance, provides all of its employees with a comprehensive benefits package which includes 100 percent employer-paid medical, dental, and vision plan options for employees and their family members, along with reimbursement programs catered to child adoption and infertility. Plus, fully paid parental leave for caregivers and secondary caregivers. In addition, there are executive and management training programs available for managers and leaders.

Collecting data from more than 3,000 submissions, Inc. singled out 395 finalists for this year’s list. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including trust, management effectiveness, perks, and confidence in the future. Inc. gathered, analyzed, and audited the data. Then we ranked all the employers using a composite score of survey results. This year, 73.5 percent of surveyed employees were engaged by their work.

The strongest engagement scores came from companies that prioritize the most human elements of work. These companies are leading the way in employee recognition, performance management, and diversity. It is a different playbook from a decade ago, when too many firms used the same template: free food, open work environments, and artifacts of “fun.”

“Every member of the Hippo team shares our passion for making home insurance a proactive and positive experience, from securing a homeowners quote in less than 60-seconds, having access to modern coverage for the things you actually use at home like home office and electronics, and knowing there’s an empathetic claims concierge team on hand for when you need us” said Anna Lee, Vice President of People, Hippo. “Having engaged and happy employees allows us to focus on our customers and their needs more closely, every single day.”

“Building a great corporate culture comes only from strong leadership,” says Inc. magazine editor-in-chief Scott Omelianuk. “The companies on Inc.’s Best Workplaces list are setting an example that the whole country can learn from, especially now, when company culture is more important to the workforce than ever.”

While researching the finalists, Inc. and Quantum saw distinct themes:


  • 100 percent provide health insurance.
  • 50 percent allow employees to bring pets to work.
  • 62 percent take employees to offsite retreats to relax and recharge.
  • 20 percent offer paid sabbaticals to reward length of service.


About Hippo

Hippo Insurance Services is on a mission to transform home insurance for the modern household. The company brings homeowners closer to a modern home insurance experience with an efficient online purchase experience using trusted data sources, a smart home device kit included with every policy and even more coverage for possessions like appliances, electronics and home offices. Hippo Insurance is part of Hippo’s family of companies that brings together home wellness and home insurance for today’s homeowners. Headquartered in Palo Alto, California, the company’s policies are available to over 65 percent of homeowners in the U.S.. Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, including licensing information, visit http://www.hippo.com.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.

About Quantum Workplace

Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit https://www.quantumworkplace.com/.

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Sean Motter Promoted to President of Fort Wayne Roofing, A Tecta America Company


“Sean will build on the same core values of hard work, leadership, team building, and goal setting as Jan Sircey had as President of Fort Wayne Roofing.” – Todd Stugelmayer, VP of National Operations.

Tecta America, the nation’s premier commercial roofing contractor, is proud to announce that Sean Motter will assume the position of Operating Unit President of Fort Wayne Roofing in Fort Wayne, Indiana as of May 1, 2020. Sean has been a critical member of the management team involved with all areas of the business especially estimating, project management, and operations.

Sean joined Fort Wayne Roofing in 2008. He was hired as an Estimator/Project Manager and transitioned to Vice President in 2018. He has been instrumental in Fort Wayne’s success with the H2B visa program. Before Fort Wayne Roofing, he worked at a Roofing Consulting Firm doing roof consultations, project management, roof design, and quality assurance. He was an “RRO” a Registered Roofing Observer.

Sean went to school at Purdue where he studied Construction Management. He is married and the proud father of 3 children. Sean is passionate about youth coaching. He has been coaching youth sports for over 30 years, long before his own child was on a team. He also likes to spend his time at the motocross track helping his son develop his riding skills.

“I look forward to working with Sean in his new capacity as Operating Unit President for Fort Wayne Roofing. Sean has always been a high energy, goal-oriented leader and I am very pleased he has accepted this new challenge as Operating Unit President for Fort Wayne Roofing. Sean will build on the same core values of hard work, leadership, team building, and goal setting as Jan Sircey had as President of Fort Wayne Roofing.” – Todd Stugelmayer, VP of National Operations.

Jan Sircey, former President started Fort Wayne Roofing in 1989. Fort Wayne Roofing was acquired by Tecta America Corporation in 2018. Jan will provide assistance to Sean in his new role and is looking forward to retirement.

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Latham Pool Products Appoints Kaushal Dhruv as Chief Information Officer


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“I am excited to join Latham’s senior leadership team and help the company on its transformation journey,” says Dhruv. “From an IT perspective, we are working toward innovative solutions for the company both internally and externally, further positioning Latham as a thought leader in the industry.”

Latham Pool Products Inc., the world’s largest manufacturer of inground residential swimming pools and accessories, is pleased to announce an addition to the Senior Leadership Team. Kaushal Dhruv has been appointed to the position of Chief Information Officer (CIO). An experienced executive, Kaushal will provide leadership and support to the Information Technology and Project Management team. He will report directly to Latham President and CEO, Scott Rajeski.

Rajeski explains, “We are on an exciting growth journey complete with changes that will continue to propel Latham’s position as THE Pool Company, and I am proud to welcome Kaushal to the Senior Leadership Team. His extensive experience and knowledge provide Latham with the proper leadership to continue driving our progress in North America and abroad.”

Kaushal comes to Latham after completing a 16-year career as Director of KPMG’s Technology practice where he focused on consulting with CIOs and CTOs of Fortune 500 companies. He has expertise in providing IT Strategy, Digital Transformation, audit and controls services to State and Local governments, universities, telecommunications, utilities, health care, manufacturing, pharmaceuticals, insurance companies and financial institutions. Kaushal has a Masters in Information Management from Syracuse University, a Masters in Engineering Management from the Martin J. Whitman School of Management, a Bachelors in Computer Engineering from the Pune Institute of Computer Technology, and a Diploma in Electronics and Telecommunications Engineering from the University at Mumbai. He also holds a number of certifications, including PMP – Certified Project Manager, CISA – Certified Information Systems Auditor, Certified in Enterprise Governance of IT (CGEIT) and Certified in Risk Information Systems and Controls (CRISC).

As CIO and member of the executive team, Kaushal will be responsible for creating a world-class IT organization and furthering Latham’s effort to leverage technology to drive market solutions and create a competitive advantage to aid our customers’ success.

“I am excited to join Latham’s senior leadership team and help the company on its transformation journey,” says Dhruv. “From an IT perspective, we are working toward innovative solutions for the company both internally and externally, further positioning Latham as a thought leader in the industry.”

“With this appointment, our leadership team is stronger than ever, we are ready to deliver on commitments, exceed our goals, and elevate our passionate culture, which will benefit every single Latham employee, partner and customer,” Rajeski further explained.

About Latham Pool Products Inc.

Latham is the world’s largest manufacturer of fabricated pools in the world with over six decades of experience at the center of the backyard lifestyle. Every day, families in North America, Europe and Australia enjoy the Latham pool experience. And each year, thousands more join them. When it comes to quality, selection, simplicity and support, Latham is The Pool Company. As of December 2018, Pamplona Capital Management has a controlling interest in Latham Pool Products, Inc., and Wynnchurch Capital is a significant investor in the Company. Pamplona, Wynnchurch, management, and the founding family have partnered to position the business for meaningful growth, innovation and international expansion.

About Pamplona Capital Management

Pamplona Capital Management is a specialist investment manager established in 2005 that provides an alternative investment platform across private equity and other diversified strategies. With offices in New York, London, Madrid, and Malta, Pamplona manages over $12 billion in assets for a variety of clients. Pamplona invests long-term capital across the capital structure of its portfolio companies in both public and private market situations.

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Blake’s Hard Cider Growth Continues in 2020 and Names Chief Operating Officer


“The times we are currently experiencing have a way of focusing everyone on what truly matters in life and in business,” said Andrew Blake, President of Blake’s Family of Companies.

Blake’s Hard Cider (BHC), one of the fastest-growing cideries in the U.S., and largest in the Midwest, continues to report record sales growth, despite COVID-19 shelter-in-place orders in all of BHC’s distribution markets.

BHC finished the first quarter of 2020 up more than 60 percent in sales and up over 62 percent in hard cider shipments. According to IRI data through the end of March, Blake’s has the best dollar growth trend for all Top 20 U.S. hard cider companies. IRI data also reveals BHC is up 94 percent with national and regional chains and 59 percent with independent retailers. Despite the COVID-19 crisis closing all retail establishments in Blake’s footprint, BHC’s market sales growth is up more than 30 percent since shelter-in-place orders were issued in mid-March.

“The times we are currently experiencing have a way of focusing everyone on what truly matters in life and in business,” said Andrew Blake, President of Blake’s Family of Companies which is comprised of BHC and Blake’s Orchard & Cider Mill. “I am proud of the way the team has adjusted. Thanks to online shipping and our distributor and retail partners our fans are still able to enjoy their favorite ciders. At the orchard, the team has worked tirelessly to support our local community by producing hand sanitizer, providing free meals to school children in need, offering drive-thru pickup and supplying unique offerings like cider mill baked goods and our popular farm share program.”

To support the rapid growth, Robert Sharpe has joined the Blake Family of Companies as its chief operating officer and steps into his new role effective immediately. His day-to-day responsibilities will include but not limited to, designing and implementing business operations, establishing policies that promote company culture and vision and overseeing operations of the company and the work of executives.

Sharpe brings extensive consulting and executive leadership experience in the global food and beverage industry. With an expertise in operations, growth strategy and supply chain optimization, Sharpe recently served on the Blake’s Board of Directors. He also founded TriPower Capital and SharpeView Ventures, companies in which its principals invested time and capital in companies requiring additional strategic growth or turnaround consulting.

Prior to his most recent work, Sharpe was chief operating officer of Kabbage, Inc., an automated business funding platform. He has also held several c-suite positions within global consumer goods and marketing companies including president, COO, CEO and board member. Sharpe also brings more than 10 years of experience in the corporate finance and commercial banking industry. He has been actively engaged in philanthropic causes throughout his career and currently serves on the board of Isdell Center for Global Leadership.

“Together with my brother Pete, we believe that Bob’s experience and guidance will be one of the final pieces to help us maximize and support the amazing talent of all of our truly valued employees,” said Paul Blake, co-founder of Blake’s Family of Companies. “From the family’s perspective, we know our company has grown to a point that our team needs and deserves the structured leadership and guidance Bob will provide in order to achieve our vision for the Blake Family of Companies. We are truly blessed to have him join us.”

“I am grateful for the opportunity to join the Blake’s team in this leadership role. The company is experiencing dynamic growth in all aspects and I look forward to using my skill set to make an impact on the continued success of the company,” said Sharpe. “The Blake’s team has created a performance culture with tremendous respect for each other. Blake’s has a unique authenticity, connection to the community, approach to being good stewards of the land, and I look forward to helping accelerate the momentum they already have going.”

At one time in his career, Sharpe notes he spent time as a hog farmer and looks forward to working at the orchard in Armada. He considers himself a food and drink purist and as such, his favorite Blake’s Hard Cider is Lite Apple Classic.

A graduate of the University of Michigan with a degree in finance, Sharpe also holds a Master’s of Business Administration from George Washington University.

About Blake’s Family of Companies

Armada-based Blake’s Family of Companies is comprised of Blake’s Orchard & Cider Mill, serving generations since 1946 on an 800-acre orchard and Blake’s Hard Cider, the largest craft cidery in the Midwest which was established in 2013. For more information, please visit, http://www.blakefarms.com and http://www.blakeshardcider.com.

About Blake’s Hard Cider

Established in 2013, Blake’s Hard Cider is an independent, family-owned and operated craft cidery and the largest in the Midwest. Grown, brewed and packaged entirely on an 800-acre orchard in Armada, MI, Blake’s Hard Cider was founded on the value of its almost 75-year farming history. For more information on Blake’s Hard Cider, how to find Blake’s Hard Ciders, or to order online visit http://www.blakeshardcider.com.

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