Dick DeVos is a budding philanthropist and political activist. He leads such a busy and public life some of which he shares on social media through Twitter and Facebook. Beyond these duties, Dick DeVos is also a serial entrepreneur with interests in several companies.
Borrowing a leaf from his late father, Dick started working at Amway Corporation around 1974. He was mentored by his father Richard Senior and shuffled around various departments such as research and marketing. Soon, he would be one of the most experienced heads in the firm, a factor that contributed to him becoming a vice-president.
Dick DeVos always knew how to take advantage of an investment opportunity. He noticed a gap in storage organization and manufacture and established the Windquest group to meet the demands. Dick discharged all his duties in both firms simultaneously. At one point, he filled in the vacant CEO’s seat at the Orlando Magic NBA team upon its acquisition by his father.
At the turn of the new century, Dick DeVos returned to Amway as its President and oversaw the next phase of expansion in the firm. The Amway Corporation became a constituent company of the Alticor group and opened up markets in about 50 countries worldwide. The development allowed the franchise to double its sales and profits. For more details about Dick DeVos and his businesses click here.
Politics have also taken up a lot of time and energy for Mr. DeVos. He had to appoint stewards for his business interests on a daily basis while maintaining oversight at management board level. This move allowed his businesses to thrive abroad as witnessed with the Windquest group which has now become a leading home storage and organization firm. In fact, the Windquest group also restructured into the Stow Company Inc. to meet demands.
Dick DeVos recently made a new appointment at the firm after the retirement of long-serving CEO Frank Newman. Phil Dolci is set to take office and lead the firm into a new era. During the appointment, Dick expressed confidence in the incoming boss citing his impressive resume and industry experience. Phil has an economics degree from the University of Chicago and an MBA from the Northwestern University.
Phil Dolci now takes charge of the resources at the Stow Company including 300 employees and production units in Holland and Indianapolis. On the other hand, Frank Newman gets to serve on the board.