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Jay Penney Joins Almo

1/04/2012 09:13:50 AM Eastern

Philadelphia -
National CE and appliance distributor Almo Corp. has appointed majap industry
veteran Jay Penney business development VP.

Penney, the longtime
sales link to independent dealers and distributors for Frigidaire and
Electrolux, was tapped to help Almo grow it white-goods business.

"Jay's wealth of
experience adds another dimension to Almo," said president/COO Warren Chaiken.
"His expertise in the appliance industry will help us to grow and intensify our
focus on the customer," which will enhance the distributor's relationships with
customers and manufacturers, he said.

Penney brings more
than 26 years of majaps experience, most recently as an Electrolux sales
executive variously responsible for national and dealer sales, production, and
product management over a 15-year career there.

He left Electrolux
in 2010 rather than relocate from the company's longtime base in Augusta, Ga.,
to its new headquarters in Charlotte, N.C. He continues to reside in Augusta
with his family.

"I look forward to
working with Almo to better serve the independent U.S. dealer by bringing
manufacturing expertise to the distribution side of the business," Penney said.

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