Jon Pertchik took the top job at Andmore this past April, succeeding its founder and longtime leader Bob Maricich. He comes to the company at a tough time for the furniture industry, as well as a time of significant change at his company.
Andmore rebranded from the name International Market Centers last year after a year-long initiative to redefine its vision. He has had to understand that vision and quickly familiarize himself with the company’s vast output of markets and other events.
“My impact at Andmore is just getting started,” he said. “So far, I have been in deep evaluation and planning mode, preparing to pull together a long list of initiatives to create growth and more value for our customers.
“Like the broader industry, Andmore faces some market headwinds,” he continued. “I believe that once we have clarity as to the outcome of the election and when the Federal Reserve reduces rates, those headwinds will dissipate. That said, we will begin to put the initiatives I loosely referenced into place as we finish 2024.”
Andmore’s plate for the remainder of the year is full. Three markets are on tap in Atlanta: Fall Market at AmericasMart, Fall Casual Market and Discover ADAC, all of which offer showroom exhibitions, educational seminars and networking events. High Point Market in October is next, followed by two off-market events in November.
To get your hands around all that is challenging for anyone, let alone a new CEO. But Pertchik gets to rely on his vast experience. He most recently served as CEO of the Fortune 500 Travel Centers of America, where he helped grow the share price from $8.90 to $86. He’s also been the CEO of a low-price hotel chain, a licensed lawyer and a commercial real estate broker.
On leadership inspiration, Pertchik cites three influences.
“Carl Icahn gave me a focus on cost discipline,” he said. “Barry Sternlicht gave me a deep understanding that excellent design creates value. Roger Staubach gave me a deep sense of the central importance of brand and integrity.”
On style, it’s from the bottom, up.
“My leadership style is oriented around servant leadership where the corporate hierarchy is turned upside down like an ice cream cone with me at the bottom point there to support others.”
See also:
- Furniture Today’s 2024 People to Watch
- Furniture Today’s Titans of the Industry, 2024
- Furniture Today’s 40 Under 40 of 2024
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