Michigan business leader Dick Devos recently hired a new CEO for The Stow Company, Inc. This is one of the largest companies in the organizational products sector and custom home storage in the contry. Phil Dolci who is 48 years old was hired to lead the successful manufacturer based in Holland earlier this month. This company belongs to the Windquest Group, which is a holding group located in Grand Rapids, Michigan. This is under the control of the Amway scion group and the wife of Dick DeVos, Betsy DeVos.
The DeVos couple is known to be a huge force in philanthropic activities around the state of Michigan. They continually give their time and financial backing to conservative causes they have strong feelings about. They have put support behind right to work programs and are strongly in favor of school choice.
The hiring of Dolci brings in a new leader to replace the retiring Frank Newman who is leaving the post of CEO but remaining on the board of advisors because of his valuable knowledge. It is believed that Dolci will bring a new leadership style to the organization which he has developed over his 23 year career in marketing and consumer products. He was most recently CEO of one of the leading global manufacturers and suppliers for shooting sport products called Crossman Corporation. They are based in Cincinnati.
It is hoped that his enthusiasm will help Stow Company continue its growth and participation in the home organization market. It should be no wonder that DeVos is banking on the leadership of his new CEO. He has developed a long resume that includes success at every stop on the way. He holds an MBA from Kellogg School of Management at Northwestern University as well as a bachelor’s degree from the University of Chicago. Dolci was in a leadership position at a subsidiary of Jarden Corporation, U.S. Playing Cards. He also developed his leadership at ConAgra Foods, Dean Foods and Kraft Foods, leaving each position with more experience and a better reputation.
Dick DeVos has built his career working in a number of positions in the Amway Corporation, The Orlando Magic and the Windquest Group where he is currently the President. Devos was the President of Amway from 1993-2002 and it was during that time that the organization took giant leaps forward in profits. In the final year of his leadership the company reported a profit of over $4.5 billion. He spread the operation of the company to many different countries and created an unprecedented success.
In his private life, along with his wife Betsy, he has been very dedicated to giving back to many Michigan communities. They started the Education Freedom Fund, which supplies scholarship to underprivileged children to attend private schools in Michigan. They also have been involved in revitalizing the city of Grand Rapids and health care improvements as well.