Chairman, ACG Global Board of Directors and President and COO, dpHue
Every issue of Middle Market Growth features a profile of a growing midsize company, spotlighting its business model, the competitive landscape and the leadership strategies of its executives.
Strong, effective leaders are essential for any organization to thrive, and that’s true for ACG as well. After an extensive search for the right candidate, I’m pleased to report on behalf of the ACG Global board of directors the selection of a new president and CEO, Tom Bohn.
Tom joins ACG having served for the past six years as CEO of the North American Veterinary Community, where he more than doubled revenue through new business platforms and mergers and acquisitions. He has over 20 years of experience working with associations and has served on the board of a private equity-backed company. Tom’s experience growing organizations aligns with ACG’s mission of driving middle-market growth, and the ACG Global board looks forward to partnering with him to expand ACG’s offerings and increase value for members.
Tom will step into the role on Dec. 1, ahead of what promises to be an eventful year. In the run-up to the federal elections, ACG has been providing nonpartisan, fact-based research and stories to policymakers and media outlets in response to attacks directed at private equity and financial services from presidential candidates. We will continue to defend the middle market against misinformation by speaking publicly about the many ways private capital drives U.S. economic growth.
MMG serves as an important vehicle for highlighting this message through stories of job creation and sales growth that private capital investment helps drive. The theme of this issue, logistics and distribution, is particularly illustrative of how the middle market relies on private capital. The industry impacts many ACG members, including PE firms and advisers that work with logistics and distribution companies, and the businesses that rely on transportation networks to distribute their products. As the COO of a multichannel beauty company, I’ve seen how the distribution landscape has changed and why it’s an area that all companies should pay close attention to.
MMG recently released its 2020 editorial calendar. I encourage you to take a look and tell our editorial staff about the growth stories of the companies that you lead, those that you advise, and those in your portfolio. Sharing examples of the innovation, revenue growth and job creation happening in the middle market is essential if we want policymakers, the media and the country to understand the vital role private capital plays in the economy.
This letter originally appeared in the November/December 2019 issue of Middle Market Growth.