Steve Giordano New RoomPlace CEO

May 4, 2010  by in UnCategorized   

By Home Furnishings Business in Executive Changes on May 5, 2010

Steve Giordano has taken on the CEO spot at Lombard, Ill.-based furniture retailer The RoomPlace, effective this coming Monday.

Giordano joins The RoomPlace from The Room Store, a furniture retail chain in the Mid-Atlantic, Southeast and Texas, where he had been chief operating officer. His 20-plus years of industry experience include serving as COO of furniture design/import vendor Powell Company; and central Florida furniture retailer Kane's Furniture.

"Steve has an outstanding track record of success in addressing operating challenges and making businesses stronger and more profitable," said The RoomPlace Chairman Everett Cook said in a company announcement. "He is a hands-on manager who sets the right goals for his people and holds them accountable for achieving results."

Cook is co-founder of Pouschine Cook Capital Management, which together with Bear Growth Capital Partners and Altamont Capital, acquired majority ownership of The RoomPlace in 2004. The RoomPlace operates 23 retail locations and a state-of-the-art distribution center in the metropolitan Chicago and Indiana markets.

"We are confident that Steve will continue the significant merchandising, marketing and operational improvement efforts that the company has undertaken during the past year," Cook said. "As a result of these initiatives, The RoomPlace is stronger and more successful. Steve will be extremely valuable in driving sales and maintaining a relentless focus on the needs of our customers in the current retail environment."

Giordano said he was excited to take the helm of The RoomPlace.

"The Company enjoys a long and respected reputation with a history of leading market share in metro Chicago and Indiana," he said. "I am honored to be able to work with The RoomPlace€™s outstanding team. Together, we can take the chain to the next level."