Content about managing director

April 10, 2014

Orlando, Fla. -- James Gillula said he expects the United States unemployment rate to fall below 6.5% by mid-year. He cautioned that a slowdown in China could impact the U.S. economy. And he expects the home improvement industry to recoup pretty much all of its weather-related losses from the hash winter.

Those were some of the macroeconomic ideas supplied by Gillula during the 2014 Home Improvement Research Institute Spring Conference held here April 10. 

March 4, 2014

It’s not just Tractor Supply that’s riding a wave of growth in the sector for hobby farmers and backyard ranchers.

This is not an article about Tractor Supply.

But let’s face it. You can’t write about the farm-and-ranch retail sector without referring to the Brentwood, Tenn.-based giant either as a competitor or as a role model.

October 21, 2013

Fitch Ratings' latest Chalk Line report for Fall 2013 emphasized the continued strength of the housing recovery, despite recent setbacks such as the government shutdown and increased mortgage rates.

"Still low absolute mortgage rates and home prices well below former highs in most markets suggest that affordability is still attractive," said Fitch managing director Robert Curran. "Recent government struggles, negative equity and challenging mortgage qualification standards appear to be little more than short-term headwinds restraining the housing recovery."

October 17, 2013

Chicago -- The difficult task of looking into the future from the vantage point of a Wall Street investor -- and sharing that view with home improvement researchers -- fell upon Joshua Rosenbaum, of UBS.

And the key to the future, he said, is jobs.

September 18, 2013

Short of disclosing further details regarding the transaction, private equity fund Generation Growth Capital, Inc. has announced the sale of Martell Construction, Inc.

“We are very pleased with our investment in Martell and wish the ownership group continued success in taking the company to the next level,” said Cory Nettles, managing director of GGC.

September 5, 2013

Joshua Rosenbaum, managing director of the global industrial group for UBS, will lead an economic discussion at the upcoming Home Improvement Research Institute conference.

His presentation is titled: "A Wall Street View of the Home Improvement Market and Trends."

April 22, 2013

The Home Improvement Research Institute’s Spring Conference in Orlando, Fla., included a mixed message for future home improvement spending.

Orlando, Fla. -- The Home Improvement Research Institute’s Spring Conference included a mixed message for future home improvement spending. 

In a presentation from James Gillula, managing director of consulting services for IHS Global Insights, one of the takeaways was an expectation of modest growth for consumer spending in 2013. 

December 6, 2012

The board of directors of Masco Corp. has appointed Donald Parfet as a director, according to a Dec. 4 filing with the Securities and Exchange Commission. He will serve on the board’s audit committee.

Parfet, 60, is the managing director of Apjohn Group, a business development company, and a general partner of Apjohn Ventures Fund Limited Partnership, a venture capital fund. He currently serves on the boards of directors of Kelly Services and Rockwell Automation.

August 1, 2012

LEED v4, the proposed update to the nation’s most prevalent green building program, has been under intense pressure to change its current wood certification rating system, which only recognizes one set of standards, those of the Forest Stewardship Council. But the U.S. Green Building Council (USGBC), which oversees the LEED program and its current revision process, is now under fire for another part of the LEED update that has nothing to do with wood.

June 19, 2012

The State of the Nation’s Housing is, in a word, complicated.

Housing markets are showing signs of reviving, concluded "The State of the Nation’s Housing" report released by the Cambridge, Mass.-based Joint Center for Housing Studies of Harvard University. But we’re not out of the woods, yet. 

May 17, 2012

Michaels Stores has announced the establishment of an interim office of the CEO to provide ongoing leadership and continuity for the business in the absence of current CEO John Menzer. Sharing the interim CEO duties will be Lew Klessel, managing director with Bain Capital Partners, and Charles "Chuck" Sonsteby, the company's chief administrative officer and CFO.

October 19, 2011

September housing starts showed double-digit increases compared with both last year and last month, according to data released this morning by the U.S. Department of Commerce.

Housing starts came in at a seasonally adjusted annual rate of 658,000, up 15% from the August rate of 572,000, and up 10.2% compared with September 2010.

The figure of 658,000 was the highest total housing-starts figure since April 2010, when starts stood at 687,000.

September 28, 2011

The 2011 ProDealer Industry Summit is responding to the building downturn with a healthy lineup of business-building educational sessions.


This year’s event, sponsored jointly by the National Lumber and Building Material Dealers Association and Home Channel News, will take place Oct. 26 to 28 at the Grand Hyatt in San Antonio. 


“This industry is ready to break out of the doldrums,” said Jim Reynolds, PDIS managing director. “The best minds in the industry will gather again this year in San Antonio to share their ideas.”


August 29, 2011

The two-day HIRI Home Improvement Industry Summit to be held Oct. 19 to 20 in Chicago at the Holiday Inn Chicago Mart Plaza, will kick off with a presentation examining economic turmoil and a view from Wall Street.

Josh Rosenbaum, managing director – global industrial group for UBS, will offer thoughts on the direction of the economy, the possibility of another recession, the mood on Wall Street and the unemployment situation. The presentation will address the hottest issues facing the economy and the industry from a Wall Street perspective.

July 21, 2011

After showing signs of recovery, spending on home improvements is expected to remain volatile and weak over the next several quarters, according to a report released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The Leading Indicator of Remodeling Activity (LIRA) projected that annual remodeling spending through the first quarter of 2012 will be down 4%. The Census Bureau’s improvements spending series, to which the LIRA is benchmarked, was recently revised downwards as well.

June 21, 2011

Richard Tadler will be stepping down from the Lumber Liquidators board of directors, effective June 30, 2011.

Tadler has been with the board since 2004, when TA Associates, the private equity firm of which he is a managing director, originally invested in the company. TA Associates divested its interest in the Toano, Va.-based retailer of hardwood flooring in 2009.

May 6, 2011

A Canadian investment group agreed to pay $675 million for a 39% stake in Jeld-Wen, the window and door manufacturer.

Onex Corp. announced the plan yesterday, anticipating Jeld-Wen was positioned well for a global recovery in housing.

May 2, 2011

Arlington, Va. — At last year’s Home Improvement Research Institute (HIRI) Spring Conference, the assembled researchers, guests and partners — all thirsty for good news — were told by Morgan Stanley analyst Ian Sugarman that the modest, pre-bubble year of 1999 is the “new normal.”


Fast-forward to this year’s event, held here at the Doubletree Crystal City, and a very similar group of attendees were told to brace for even more simulated time travel — this time to 1996.


April 13, 2011

Arlington, Va. -- The data was flying fast and furious here at the Home Improvement Research Institute's (HIRI's) Spring Conference. 

The series of seminars carried the theme "Understanding Today's Home Improvement Industry" and kicked off Wednesday morning with a detailed examination of some unpleasant and lingering macroeconomic trends. Other charts presented by the day's seven presenters picked up where last year's conference left off by establishing a worst-is-behind-us view of the home improvement industry.

March 7, 2011

While the National Association Home Builders recently reported home size is on the decline, a survey from John Burns Real Estate Consulting found more consumers expect to buy bigger houses (44%) than smaller houses (22%). Who's right? Here's what we heard. 

October 20, 2010

Substantive growth in remodeling spending, coming off a three-year decline, seems likely in 2011, according...

September 19, 2010

The Gores Group, the Los Angeles-based private equity firm that owns the majority of Stock...

October 19, 2008

Having the latest equipment, newest display or most recent upgrade was once a badge of...

August 10, 2008

The over-65 population is a strong and significant customer base in the home improvement industry—and...

August 10, 2008

The move would nearly double the combined manufacturing capacity of three ICI manufacturing facilities currently...