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Almo Promotes VP Penney

Philadelphia — Almo today announced the promotion of Jay Penney to executive VP of its specialty appliance division from his previous post as business development VP.

Penney brings nearly 30 years of experience in the appliance industry to his new position.

Almo said its specialty division “represents best-in-class, world-renowned manufacturers that are leaders in engineering and product development. These coveted, luxury brands, include Liebherr, Capital, Faber and Sharp Insight.”

“Jay’s contribution to Almo’s overall business and his commitment to the specialty appliance division have made him more than deserving of this promotion,” commented Warren Chaiken, Almo president and COO. “We are confident that Jay’s professionalism, work ethic and solid relationships with partners will enable us to execute the next phase of planned growth for this division.”

From 1995 to 2010, Penney was a senior VP at Electrolux, where his responsibilities spanned national and dealer sales, production and product management.