10.26.18
Dowd and Guild Inc. announced the successful completion of the recent management buyout and appointment of its executive team. The MBO was part of a succession plan that started back in 2011. The new leadership team will be Tim Fetters, CEO; Patrick Kelly, president; Tina Onderbeke, EVP; and Jeffrey Moore, VP commercial development. Fetters, Kelly and Onderbeke werer elected to the Board of Directors. The founders, Tom Dowd and Howard Guild, will continue in an advisory role to the new ownership team.
“As we enter the next phase for our company, we will build on the foundation that is in place today and continue to work closely with our principals, customers and partners to ensure a seamless transition. This is a sign of stability for our company in a market that has experienced tremendous churn and consolidation. We are entering an exciting period for Dowd and Guild Inc. We are looking forward to the future growth opportunities for the company,” said Fetters.
“We are extremely confident in the new ownership team as they have a combined 50 years of experience at Dowd and Guild Inc. and are committed to keeping the culture and best practices in place” said Guild.
Dowd and Guild founded the company in San Ramon, CA in 1986, and it is still the location of the corporate headquarters. Dowd and Guild Inc. has grown significantly since the inception. The company today is a super-regional industry leader made up of more than 40 employees, who provide the highest level of service to customers and suppliers. The company represents premier manufacturers to the CASE, building products, plastics and composite industries across 16 states in the Southwest and Western US and into Western Canada. Dowd and Guild Inc. has established long-term partnerships with both customers and suppliers. This announcement signals the commitment to continue to deliver to these key constituents into the future.
“As we enter the next phase for our company, we will build on the foundation that is in place today and continue to work closely with our principals, customers and partners to ensure a seamless transition. This is a sign of stability for our company in a market that has experienced tremendous churn and consolidation. We are entering an exciting period for Dowd and Guild Inc. We are looking forward to the future growth opportunities for the company,” said Fetters.
“We are extremely confident in the new ownership team as they have a combined 50 years of experience at Dowd and Guild Inc. and are committed to keeping the culture and best practices in place” said Guild.
Dowd and Guild founded the company in San Ramon, CA in 1986, and it is still the location of the corporate headquarters. Dowd and Guild Inc. has grown significantly since the inception. The company today is a super-regional industry leader made up of more than 40 employees, who provide the highest level of service to customers and suppliers. The company represents premier manufacturers to the CASE, building products, plastics and composite industries across 16 states in the Southwest and Western US and into Western Canada. Dowd and Guild Inc. has established long-term partnerships with both customers and suppliers. This announcement signals the commitment to continue to deliver to these key constituents into the future.