Oatey promotes Matt Foraker to SVP, wholesale
Oatey has promoted Matt Foraker to senior vice president, wholesale. Foraker joined Oatey more than 20 years ago as a member of the supply chain team before transitioning to the wholesale sales team in 2011 as national sales manager, specialty divisions. Since then, he has served as regional sales manager in the Southeast and national sales manager for rough plumbing. Since October, he has led Oatey’s wholesale team on an interim basis as director of wholesale.
Stiebel Eltron announces the passing of its founder Frank Stiebel
Stiebel Eltron announced the passing of its founder and president, Frank Stiebel. Born in 1957 in Gottingen, Germany, he came to Massachusetts in 1981 to study architecture and design at Hampshire College. In 1990 he established Stiebel Eltron USA, the U.S. division of Stiebel Eltron, the company his father founded in Germany in 1924, to bring the brand’s products to the western hemisphere. Over the years, Stiebel grew Stiebel Eltron USA to 46 employees throughout the U.S., Canada, Latin America and the Caribbean. He was a member of the supervisory board of the Stiebel Eltron Group, constantly working on the strategic orientation of the company worldwide to create renewable energy products.
