BNET Industries

Last Fiscal Year Sales:$244.2M
  • Public
  • US
Dow Jones Description

Factory Card & Party Outlet stores provide our customers with value solutions for all their party and social occasion needs in a one-stop, festive environment. As a leader in the market place, our stores, which average approximately 11,500 square feet, carry merchandise in the party solution, greeting card, gift wrap, balloon, seasonal event and special occasion merchandise arenas. Based on the published number of stores of our competitors as compiled by various business publications and other publicly available information, we believe we are one of the largest chains of company-owned stores in the party supply, greeting card and special occasion industry.

President, Chief Executive Officer and Director
Gary Rada
Number of Employees 2,500
Contact Information

2727 W Diehl Rd

Naperville, Illinois 60563-8720

www.factorycard...

(630) 579-2000

NAICS Code Gift, Novelty, and Souvenir Stores: 453220

News & Analysis

company and factory card & party outlet corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Gary Rada President, Chief Executive Officer and Director
Timothy J. Benson Vice President, Treasurer and Cfo
Michael Perri Senior Vice President
Timonty Gower Senior Vice President, Operations
Timothy F Gower Senior Vice President
Sean Wheatley Manager, Media
John G Brim Director

Board of Directors

Name (plus bio) Position
Ben Evans Chairman
Patrick O Brien Board of Directors

Mr. Gary W. Rada , age 53, has served as President and Chief Operating Officer and a director since April 2002 and was named Chief Executive Officer in December 2002. Prior to his current role, Mr. Rada served as Executive Vice President from October 1999 to March 2002. From January 1998 to October 1999, he served as Senior Vice President and General Merchandise Manager. From 1997 to 1998, Mr. Rada served as the Vice President of General Merchandise for Bruno s, Inc., a Birmingham, Alabama supermarket and drug chain. Prior to joining Bruno s, he held various management and merchandising positions with Jewel Companies, Inc./American Stores Company, including Director and Merchandise Manager at Osco Drug, Inc./American Drug Stores and Vice President of Grocery Buying and Merchandising at Jewel Food Stores.

Organization Position Status
Factory Card & Party Outlet Corp. President, Chief Executive Officer and Director Current
Factory Card & Party Outlet Corp. Board of Directors Current

Organization Position Status
Factory Card & Party Outlet Corp. Vice President, Treasurer and Cfo Current

Organization Position Status
Factory Card & Party Outlet Corp. Senior Vice President Current

Organization Position Status
Factory Card & Party Outlet Corp. Senior Vice President, Operations Current

Organization Position Status
Factory Card & Party Outlet Corp. Senior Vice President Current
Zellers, Inc. Vice President of Store Operations Former

Organization Position Status
Factory Card & Party Outlet Corp. Manager, Media Current

Mr. Ben Evans , age 77, has served as a director of the Company since April 2002. From 1989 until his retirement in 1999, Mr. Evans was a consultant for Ernst & Young in its corporate financial services group, concentrating in the bankruptcy area. He became a partner at that firm in 1968. From 1978 through 1989, Mr. Evans was a member of the corporate financial service group of Ernst & Whinney, a predecessor firm to Ernst & Young, concentrating on bankruptcy assignments, generally on behalf of unsecured creditors committees, with special emphasis in the apparel, retailing, food, drug and pharmaceutical industries. Mr. Evans joined S.D. Leidesdorf & Company, a predecessor firm to Ernst & Young, in 1954 as a junior accountant. Mr. Evans is also a director of Accord Financial Corp. and Penn Traffic Company.

Organization Position Status
Factory Card & Party Outlet Corp. Chairman Current
The Penn Traffic Company Chairman Current
Salant Corporation Director Current
Levitz Home Furnishings Inc. Director Current
Jamesway Co Director Current
Accord Financial Corp. Director Current
Ernst & Whinney Board of Directors Former
Ernst & Whinney Member Former

Organization Position Status
Factory Card & Party Outlet Corp. Director Current

Organization Position Status
Factory Card & Party Outlet Corp. Board of Directors Current
Sage Enterprises, Inc. Executive Vice President Former
UAL Corporation Vice President Former
Sage Enterprises, Inc. Managing Director Former
UAL Corporation Managing Director Former
Westin Hotels & Resorts Former
Michigan State University B.A. Former

Executive News

  • Penn Traffic Names KPMG to Serve as Independent Auditor Following Competitive Pricing and...

    Forbes.com - 8/19/09 - View Story

  • Penn Traffic Names KPMG to Serve as Independent Auditor Following Competitive Pricing and Service Review

    Business Wire - 8/19/09 - View Story

advertisement
advertisement
Click Here