Almo Corporation Names Gary Bannett Chief Financial Officer
Almo Corporation, the nation’s leading independent distributor of appliances, consumer electronics, Pro A/V equipment and housewares, has named Gary Bannett Chief Financial Officer (CFO), effective September 1, 2019. Bannett will succeed Matt Elkes, who is retiring after serving as CFO at Almo Corporation for 25 years.
“Gary brings experience from a diverse range of businesses, from start-ups to multi-billion dollar organizations,” said Warren Chaiken, president and CEO of Almo Corporation. “As we move into our 73rd year in business, Almo will continue to innovate with the entrepreneurial spirit of a small company and the financial and operational excellence of the $1 billion dollar-plus company we’ve become. Gary’s leadership will enable us to continue this growth to the benefit of our manufacturing and reseller partners far into the future.”
Almo Chairman, Gene Chaiken added, “Although Matt is retiring as CFO of Almo, he will continue to serve the organization as a member of our Advisory Board. We are fortunate that we will have his counsel and wealth of experience to continue to guide the company’s strategy.”