Top 50 supplier Stouse LLC announced yesterday that Clay Davis is its new CEO and president, effective immediately. Davis is succeeding Bruce Reed, who is retiring after 14 years of leading the New Century, Kansas-based firm. Reed will remain active on the company’s board of directors.
Davis, who will be responsible for guiding the next phase of Stouse’s growth and corporate development, brings more than two decades of experience in senior leadership, sales and marketing roles in the packaging, printing and food manufacturing sectors. He most recently served as vice president and general manager for Flint Group North America’s packaging business.
“After an extensive search, we are very pleased to have found a leader of Clay’s stature and experience,” Reed said in a press release. “I feel very confident leaving this organization in his capable hands, and look forward to working with and supporting him as he builds upon the Stouse platform. We have ambitious growth plans for the company, and he is the right leader for the job.”
Davis is excited about this new phase of his career. “Stouse has a strong reputation for excellent service in the specialty printing industry, and I am thrilled to join the company,” he shared. “We plan to explore ways to innovate and help drive growth for our customers while upholding the high-value service our clients deserve.”
Executives at Goldner Hawn, the Minneapolis-based private equity firm of which Stouse LLC is a portfolio company, expressed its gratitude to Reed for his many contributions to the organization.
“Bruce has been instrumental in building Stouse to its market-leading position,” said Joe Heinen, managing director of Goldner Hawn. “All of us at Goldner Hawn and the Stouse team are thankful for his vision, leadership, integrity and friendship over these many years. He is leaving behind an exceptionally strong organization poised for even more success in the future. We are thrilled to partner with a proven leader like Clay to continue to execute the exciting growth vision for Stouse.”
Stouse LLC ranked 14th on Print+Promo’s 2018 Top 50 Suppliers list with $50.8 million in annual revenue.