What Happened?
Fort Wayne, IN-based Do-It-Best-Corporation Promoted Nick Talarico as Executive Vice President of Sales and Marketing
Date of management change: September 19, 2022
Fort Wayne, IN-based Do-It-Best-Corporation Promoted Nick Talarico as Executive Vice President of Sales and Marketing
Based in Fort Wayne, Ind., we are the only U.S.-based, member-owned, comprehensive and fully integrated hardware, lumber and building materials buying cooperative in the home improvement industry. With annual sales surpassing $3 billion, we are the second largest co-op in the industry, proudly serving thousands of member-owned locations throughout the United States and more than 50 other countries. In addition to our low up-front prices, we provide our members with consistently high year-end rebates—more than $1 billion in the last decade—which enables them to reinvest in their stores by expanding merchandise selection through additional locations and making capital improvements. We have a long-standing history of strength and stability, driven by our industry-leading lowest cost of operations—just 2.12% for the 2017 fiscal year. We continue to maintain the highest credit rating in our distribution channel.
Nick Talarico is Executive Vice President of Sales and Marketing at Do it Best Online. Previously, Nick held various senior HR leadership roles in the industry.
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