Philadelphia, PA — October 7, 2024 — Almo Corporation, the largest independent distributor of appliances, professional AV/electronics, furniture and housewares in the U.S., has announced that Steve Terry, Senior Vice President and COO for its Premium Appliances division, will retire and transition to a consultative role for Almo Corporation.
Over the past decade, Terry has driven product growth, expanded territories, and enhanced operations within the division to support Premium Appliance manufacturing partners, resellers, and consumers. His leadership fostered strong relationships with major manufacturers, creating business opportunities across all brands.
“Steve’s tenure as Senior Vice President and COO has profoundly shaped Almo Premium Appliances, leaving a legacy of industry-leading customer service and remarkable growth,” stated Martin Szpiro, President and CEO of Almo Corporation. “Steve has always emphasized that the people are a company’s greatest asset. His dedication to developing the Premium Appliance division has ensured a leading sales team that also provides exceptional service and support. As Steve prepares for retirement, his guidance and insights will continue to benefit Almo Corporation throughout the transition.”
With more than 30 years of experience in the luxury appliances industry, Terry has a proven track record of enhancing revenues, market share, and profitability. A motivational and profit-oriented leader, he has overseen revenue increases and expanded the Premium Appliances team from 16 employees in 33 states to 65 employees in 41 states.
Prior to Almo, Terry served as Executive Vice President at HADCO, where he managed highly effective sales teams, rapidly expanded operations, developed training programs, and achieved consistent, exponential revenue growth.
About Almo Corporation
Since 1946, Almo Corporation has served as the largest independent distributor of appliances, consumer electronics, professional Audio/Video equipment, furniture and housewares in the United States. Meeting the needs of retailers across the country, Almo operates nine regional distribution facilities with over 2.5 million square feet of warehousing. Almo focuses on the following major business segments: professional AV/electronics, hospitality, drone solutions, major appliances, premium appliances and home & living. For more information, go to www.almo.com.
About DCC Technology
In December 2021, Almo Corporation was acquired by DCC Technology. Almo continues to operate business as usual, maintaining its brand heritage and service in the market whilst leveraging the benefits of the DCC Technology group.
DCC Technology is part of DCC Plc, a FTSE 100 company. It is a global collective of unique and specialist distribution businesses dedicated to enabling the growth and progress of its customers, vendors, and people. Leading with its 4,800 people and an entrepreneurial spirit, DCC Technology is committed to creating a diverse and inclusive environment where differences are celebrated and new ideas thrive to drive innovation in its industry. As progress makers, DCC Technology provides the technology the world needs, supporting over 2,700 brands with reach and 35,000 customers with solutions. Its Professional, Lifestyle, and Information Technology businesses enhance experiences, enrich lifestyles, and promote faster connections, respectively. United by an agile spirit and purpose to make progress happen, DCC Technology strives to simplify complexity and make markets for its partners, shaping the future of technology.
Visit https://www.dcctechnology.com/ to learn more.
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Media Contact:
Traci Schaefer
TLS Communications, Inc.
630-269-4567
[email protected]
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