Downlite names new ceo
September 7, 2017,
Mason, Ohio – Family-owned Downlite is passing the leadership torch to a new generation and reworking its organization chart, with several promotions.
Josh Werthaiser, formerly cfo, becomes ceo as James Lape retires after a 10-year tenure in the role. Josh is the son of Larry Werthaiser, who co-owns Downlite along with Marvin Werthaiser and Bob Altbaier.
Werthaiser joined Downlite in 2001 as the first member of Generation 2 to enter the company. He has worked in nearly every department, including sales and marketing, pricing, feather and down sourcing and trend analysis/inventory management. He was promoted to cfo in 2008.
The following organizational restructure takes place in conjunction with the changing of the guard:
- Marvin Werthaiser remains as an active co-owner and coo with focus on sales/marketing and down and feather strategies and execution;
- Dave Lueder becomes chief revenue officer, responsible for all home and hospitality sales reporting to the ceo;
- Stefan Hunter becomes vp of e-commerce reporting to Lueder;
- Brian Parnes becomes cio/cmo as leader of all IT and marketing reporting to the ceo;
- Jyl Davis becomes vp of marketing & product management reporting to Parnes;
- Chad Altbaier remains vp of outdoor reporting to the ceo;
- Frank Carella becomes vp of operations reporting to the ceo;
- Chuck Northcutt remains vp of QA reporting to Carella;
- Zach Zellner remains vp of sourcing reporting to the ceo;
- Sandy Coleman remains director of HR reporting to the ceo;
- Jim Donaghy becomes vp of finance & accounting reporting to the ceo;
- Co-owners Larry Werthaiser and Bob Altbaier remain active and on the board.
“I am honored to be filling Jim’s shoes as Downlite ceo,” said Werthaiser. “He has been a mentor and respected leader to not only me but also to many in the Downlite family. Jim’s paved an excellent path, and I’m excited about the future of Downlite and the strategic plans we have moving forward.”
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