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Posted on 2019-08-29·By CI Staff

Almo Corp
Almo Corporation, a distributor of appliances, consumer electronics, Pro A/V equipment and housewares, has named Gary Bannett Chief Financial Officer (CFO), effective September 1, 2019. Bannett will succeed Matt Elkes, who is retiring after serving as CFO at Almo Corporation for 25 years.
“Gary brings experience from a diverse range of businesses, from start-ups to multi-billion dollar organizations,” said Warren Chaiken, president and CEO of Almo Corporation.
“As we move into our 73rd year in business, Almo will continue to innovate with the entrepreneurial spirit of a small company and the financial and operational excellence of the $1 billion dollar-plus company we’ve become. Gary’s leadership will enable us to continue this growth to the benefit of our manufacturing and reseller partners far into the future.”
Bannett joined Almo in January 2019 as Senior Vice President of Finance. Previously, he led finance and accounting operations as CFO for four years at Prometheus Global Media, operators of Billboard Magazine and the Hollywood Reporter.