Devos Hires New CEO for The Stow Company

Like many, many others there is a businessman who I have really come to respect. With a current worth of about $4.5 billion, Amway head Dick Devos is one of the richest and most successful businessmen in the world. He is also highly respected almost universally throughout the industry. He and his wife, Betsy Devos, own and control the holding group The Windquest Group.

Owning Windquest means the couple also controls a number of companies and some of the top hotels throughout the country. Most of these businesses and hotels continue to be enormously successful. One of Dick’s most successful is The Stow Company, which has four basic but high quality brands. He recently hired Phil Dolci to serve as the CEO of The Stow Company, the largest home storage and organizational products company in the world.

Dolci will be replacing the retiring former CEO, Frank Newman, who in retirement will continue to sit on The Stow Company’s board of advisors. Dolci is definitely not a newbie. He earned his BA in economics from the University of Chicago and an MBA from the Kellogg School of Management at Northwestern University. He then served for the next 23 years in the business industry, several of those years as CEO of Crossman Corporation. He also has experience in various leadership positions at Newell Rubbermaid, ConAgra Foods, Dean Foods, and Kraft Foods. Devos is confident that he has found the perfect company leader to take the reins for Newman, who has led the company for the past four years.
Connect with DeVos on LinkedIn..


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