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Rinaldi Retiring from Furniture Supplier Aico

By Home Furnishings Business in Executive Changes on March 30, 2010 Larry Rinaldi, president of Aico/Amini Innovation Corp., is retiring from the position he has held eight years. His retirement is effective April 30.

Rinaldi joined Aico 11 years ago, and he has been in the furniture industry since 1964 when he graduated from Marquette University School of Business and went to work for Sears Roebuck where he climbed the ladder to become national and international buyer for the retailer.

Throughout the years, Rinaldi has worked for Stratford/Stratolounger, Schnadig, Elite Upholstery and Arbek before joining Aico.

During his tenure at Aico, Rinaldi is credited with growing the company into a total home resource, as well as with the development of the Michael Amini  brand and the collaboration between Michael Amini and Jane Seymour.

€œI feel so privileged to be a part of such a talented staff, and I have such a deep appreciation for them," Rinaldi said. "It has been an honor, and a privilege, and a wonderful experience to work with Michael Amini, and the extraordinary company that he has built. Michael is truly a dynamic leader, and has impacted so many people, including me. Frankly, I have been fortunate to work with high levels of talent throughout my career.€

Michael Amini, founder, chairman and CEO, credited Rinaldi with much of the company's growth.

€œWhen I hired Larry, Aico was 11 years old," Amini said. "Although we had a steady growth from the infancy of the company, we owe the tremendous growth of our company to its present position, to Larry.  His guidance, leadership, and his contributions to this organization have been invaluable.  He brought integrity and dignity to our company, and simply said, he was my rock.

"We congratulate Larry for his many accomplishments with the entire home furnishings industry," he said. "His character, personality, and professionalism are equal to none. Although I selfishly would like him to stay, our arms are open for him to come back at any time he may wish. He will be missed and we wish him all the best in his future travels, intimate family times, and all that we hope some day we are able to do during our lifetimes.€

Rinaldi plans to spend his new found time with his wife, Mary Jo, and his three children, who live across the country.

€œI am looking forward to spending more time with my best friend, my wife, and seeing more of my children and their families," Rinaldi said. "I am leaving Aico with feelings of fulfillments and satisfaction, and look forward to the new chapter in the book that is my life. It is not finished, and as I reflect on the past, I realize all the wonderful people I have met, and friends that I have.€

Rinaldi's position has not yet been filled, but Amini said an announcement will be forthcoming..


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