Distributor News

Geiger Announces Robert Wozniak as New CFO
January 26, 2023 at 11:05 am

Geiger announced this week that it has hired Robert Wozniak to the position of chief financial officer. Wozniak previously served as the vice president of finance, merger and acquisitions, and financial planning analysis, where he oversaw four acquisitions by Geiger.

Is Being a Distributor a Long-Term Business?
January 20, 2023 at 11:17 am

Ask the Accountant… Question: I have been a distributor for over 25 years, and would like my daughter to take over my business in the next five years. She is concerned that being a distributor is not a long-term business. What do you think? Answer: Being an ad specialty distributor is definitely a long-term, lifetime…

iPROMOTEu's Ross Silverstein Reflects on Recapitalization
January 17, 2023 at 10:50 am

Last week, it was announced that private equity firm Champlain Capital acquired iPROMOTEu from its original private equity owners, Align Capital Partners. Calling the transaction "a simple financial recapitalization," iPROMOTEu president and CEO Ross Silverstein said it will be "business as usual going forward."

PromoStandards Announces Its Service Provider Committee
January 13, 2023 at 11:01 am

PromoStandards, Bethlehem, PA, introduced its new Service Provider Committee responsible for enhancing PromoStandards service provider members' experience, from the onboarding process to contributions to standards and best practices for service provider members.

HALO Announces $1 Billion in 2022 Sales
January 10, 2023 at 11:04 am

HALO, Sterling, Ill., announced that the company surpassed $1 billion in 2022 sales. The company made the announcement last night at its Sales Achievement Gala in Las Vegas during the PPAI Expo. This is the first time HALO has reached $1 billion in annual sales. "This milestone is the result of a singular focus by…

Proforma Reaches 7,500 E-Commerce Store Milestone
January 10, 2023 at 10:41 am

Proforma, Cleveland, recently celebrated the launch of its 7,500th e-commerce store, made possible by the company’s built-in-house, user-friendly, and customizable e-commerce solution, ProStores. Proforma reached this landmark figure due in part to the success of the e-commerce Certification Program. This program has allowed for Proforma distributors to educate themselves on best practices and how to…

Stran Announces Nicole Brown as Vice President of Operations
January 9, 2023 at 10:46 am

Stran, Quincy, Mass, announced that promotional product industry veteran Nicole Brown has joined the management team in the role of vice president of operations, reporting to COO Sheila Johnshoy. Brown began working as a full-time contractor at Stran in August of 2022 to help project-manage the implementation of NetSuite at Stran. In her new role…