Dick DeVos has just announced that his company The Stow Company Inc. will be getting a new CEO, according to a recent article published by MLive. The Stow Company Inc. focuses on custom home storage and organizational products. It is one of the largest companies in its field and has been a hugely successful investment for DeVos. With the addition of Phil Dolci as the new CEO of The Stow Company Inc., the company is poised to continue its rapid growth and development. Dolci brings more than two decades of experience in leadership in the consumer products manufacturing and marketing sector. In Dolci’s previous position as the CEO of Crossman Corporation, he was extremely successful in his leadership of designing and manufacturing shooting sports goods out of Cincinnati, Ohio. With an MBA from the Kellogg School of Management at Northwestern University, Dolci is a very qualified candidate to fulfill this prestigious position.
DeVos essentially heads The Windquest Group, which includes The Stow Company Inc. Some of the other dozen companies under the umbrella of The Windquest Group include Boxed Water and Neurocore. With his extensive experience in business and management, DeVos continues to attract a wide network of professionals and experts to expand the holdings of The Windquest Group and increase its market share. As the son of one of the co-founders of Amway, DeVos represents the next generation in the line of incredible businessmen in Michigan. According to Forbes, DeVos now has a net worth of more than $5.1 billion, which puts him in the top 100 richest people in the country.
Since achieving great success in business, DeVos has also devoted himself to various philanthropic causes, including education reform. In fact, DeVos served on the School Board for Michigan and was instrumental in expanding the state’s school voucher program. In addition, DeVos founded the West Michigan Aviation Academy, which is a charter public high school in Michigan that teaches flight skills. His wife, Betsy DeVos, is also very involved in his philanthropic activities. They both established the Dick and Betsy DeVos Foundation, which is based out of Grand Rapids, Michigan. The Dick and Betsy DeVos Foundation supports a variety of civic activities and also funds scholarships for deserving students from the area.