Palmer Named to Drive Growth at Pearlman Group |
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Contributed by BSM Staff | |
LITTLE ROCK, AR -- Pearlman Group, a portfolio company of The Stephens Group, LLC, has named Shannon Palmer CEO, effective December 2, 2024. Through its primary brands, GranQuartz, Vector Tools, Pearl Abrasive, and Excel Supplies, Pearlman Group is a multi-channel developer and distributor of supplies, tools and equipment used in the fabrication, maintenance, cleaning, and restoration of surfaces for residential, commercial, and industrial end-markets. Palmer brings extensive experience driving profitable growth within private equity-backed companies, including a successful history alongside Stephens Group at Vestcom. During his nearly 12-year tenure at Vestcom, Palmer’s financial and operational leadership as EVP, COO & CFO helped drive highly successful outcomes for the company and its investors, culminating in a $1.45 billion transaction with Avery Dennison Corporation in 2021. Grant Jones, Managing Director at Stephens Group, said, “We’re excited to partner with Shannon once again. Our work with him at Vestcom demonstrated his excellence in both leadership and value creation, which make him exceptionally well-suited to guide Pearlman Group through its next phase of growth and innovation.” Palmer’s career includes numerous leadership roles where he drove key initiatives that yielded sustainable growth and operational excellence. As CEO, he will leverage this experience to strengthen Pearlman Group's position in the market, expand upon its product service offerings, and enhance operational efficiencies. "I’m thrilled to join Pearlman Group and work alongside Stephens Group again," said Palmer. "Pearlman has long been known as a leader in the markets it serves. I’m looking forward to working with the leadership team to further enhance this legacy, while serving our customers with excellence and driving our growth strategy forward." |
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