BNET Industries

Last Fiscal Year Sales:$803.8M
  • Private
  • US
Dow Jones Description

Automotive Paint Distr

Number of Employees 1,460
Contact Information

Ste 800 54 Monument Cir

Indianapolis, Indiana 46204-2949

www.finishmaste...

(317) 237-3678

NAICS Code Paint, Varnish, and Supplies Merchant Wholesalers: 424950

Recent Events

  • FinishMaster earnings fall 38%

    11/07/09 - Financial Announcement - View Story

  • FinishMaster Announces Second Quarter Financial Results

    8/07/09 - Financial Announcement - View Story

News & Analysis

finishmaster inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
J. A. Lacy CEO
Andre B. Lacy President
Mark L Boxer Executive Vice President and Chief Information Off
Robert R. Millard Chief Financial Officer
Charles VanSlaars Senior Vice President, Business Development
Daniel A. Courtney Senior Vice President, Operations
Richard Esce Senior Vice President, Sales & Marketing
Bruce Carson Vice President of Sales
Jeff Nabity Reg Vice President, Sales, Southwest Region
Tom Case Reg Vice President, Sales, Western Region
David W. Knall Director
Mark L Boxer Director
Michael L. Smith Director

Board of Directors

Name (plus bio) Position
David N. Shane Chair of Board
Larry Wechter Board of Directors
Thomas U. Young Co-Chairman, Vice Chairman

Organization Position Status
Finishmaster Inc. CEO Current
Finishmaster Inc. President Current
Finishmaster Inc. Board of Directors Current

J.A. Lacy serves as President and Chief Executive Officer of FinishMaster, the leading independent distributor of automotive coatings and associated products in the U.S. The company employs over 1,700 associates in 29 states. FinishMaster's primary focus is the collision repair market. The company's aim is to gain share in this highly fragmented $2.5 billion industry via acquisition and by leveraging scale to achieve advantage over competitors. FinishMaster's value proposition is to provide superior distribution basics and value added information to its customers enabling them to increase productivity, manage material costs and increase profits. A native of Indianapolis, J.A. has lived and worked in Chicago, Vancouver and Hong Kong. He previously served as President of Tucker Rocky Canada and as Vice President of J. Walter Thompson. He is an avid runner and reader and enjoys volunteering at various local charities including serving as Chairman for the United Way's Tocqueville Society and as a Director for the YMCA, Central Indiana Women's Fund and United Way. J.A. also serves on the SKL Executive Leadership Services Advisory Board.

Organization Position Status
Finishmaster Inc. President Current
Patterson Companies, Inc. Chairman of The Board of Ldi Ltd., LLC Current
The Nature Conservancy Board of Directors Current
National Bank of Indianapolis Corp. Board of Directors Current
Herff Jones Inc. Member Current
Finishmaster Inc. Chairman & CEO Former
LDI, Ltd. LLC Chairman & CEO Former
LDI, Ltd. LLC President Former
Denison University Analyst Former
Denison University bachelor of arts in economics, Lacy took on increasingly more responsibility Former
National Bank of Indianapolis Corp. Member Former

Organization Position Status
Finishmaster Inc. Executive Vice President and Chief Information Off Current

Organization Position Status
Finishmaster Inc. Chief Financial Officer Current
Finishmaster Inc. Senior Vice President, Finance Former

Organization Position Status
Finishmaster Inc. Senior Vice President, Business Development Current

Organization Position Status
Finishmaster Inc. Senior Vice President, Operations Current

Organization Position Status
Finishmaster Inc. Senior Vice President, Sales & Marketing Current

Bruce C. Carson. Mr. Carson has served as a member of our Board of Directors since January 2001. Since May 2001, Mr. Carson has served as the Vice President of Sales of FinishMaster, Inc., a privately held company specializing in the distribution of paints and products to the automotive and industrial refinishing industries. From 1987 until May 2001, Mr. Carson was President of Badger Paint Plus, Inc., a privately held distributor of paints and products, until Badger Paint Plus merger with FinnishMaster, Inc. Mr. Carson is co-owner of the Southern Minnesota Express Hockey Club, a member of the North American Hockey League. Mr. Carson is also the founder and President of the Athletic Performance Academy in Eden Prairie, Minnesota, a privately held athletic training facility that has specialized in sports specific training for elite athletes since August 2004.

Organization Position Status
Finishmaster Inc. Vice President of Sales Current
Redchip Companies, Inc. Director Current
Finishmaster Inc. Distributor Former

Organization Position Status
Finishmaster Inc. Reg Vice President, Sales, Southwest Region Current

Organization Position Status
Finishmaster Inc. Reg Vice President, Sales, Western Region Current

Organization Position Status
Finishmaster Inc. Chair of Board Current
Finishmaster Inc. Director Former

Organization Position Status
Finishmaster Inc. Director Current

Mr. Wechter is the founder, Managing Director and CEO of Monument Advisors, Inc. Monument Advisors (founded in 1996) manages a private equity fund and a mezzanine fund. These funds focus on management and leveraged buyouts of small to medium size niche manufacturing, service, and distribution firms throughout the United States, primarily in the Midwest. Prior to Monument, Mr. Wechter was a founder and served as President in the Office of the Chairman and Director of ADESA Corporation (NASDAQ: SOLD), the second largest auto auction chain in the world and the largest used car floor plan finance company in the U.S. ADESA, formerly a publicly traded company, was a wholly-owned subsidiary of Allete, Inc. (formally Minnesota Power, Inc.), a diversified company based in Duluth, Minnesota, and recently completed the spin-off of ADESA to the public (NYSE: KAR). Mr. Wechter also served on Allete's (NYSE: ALL) management committee. Prior to his role as President of ADESA, Mr. Wechter served as its Chief Financial Officer Mr. Wechter currently serves on the board and is the Vice Chairman of One Call Communications, Inc., and is the Chairman of HETSCO, Inc., Foam Rubber Products, LLC, Felins USA, Inc., Separators, Inc., and Instrument Development Corporation, Inc. Additionally, Mr. Wechter serves on the board of Finish Master, Inc. Mr. Wechter has served on many public company boards including Crossmann Communities, Inc. (NASDAQ:CROS) and Symons International Group (NASDAQ:SIGC), where he chaired their respective audit committees. Mr. Wechter currently serves on the board of the Ball State University School of Entrepreneurship, Indiana University's Johnson Center for Entrepreneurship and Innovation and the Midwest Entrepreneurship Education Association. Mr. Wechter is active in all portfolio companies of MCP1 and MCP2. Mr. Wechter has held NASD Series 7, 24, 27 and 63 securities licenses and is a CPA.

Organization Position Status
Monument Advisors, Inc. CEO Current
Monument Co CEO Current
Monument Advisors, Inc. President Current
Monument Advisors, Inc. Managing Director Current
Monument Advisors, Inc. Founder Current
Foam Rubber Products Company Chairman of the Board Current
Hetsco, Inc. Chairman of the Board Current
Separators Chairman of the Board Current
Instrument Development Corporation Chairman of the Board Current
Monument Advisors, Inc. Board of Directors Current
Finishmaster Inc. Board of Directors Current
Adesa President Former
Adesa Chief Financial Officer Former
Monument Co Managing Director Former
Monument Co Founder Former
Adesa Founder Former
Allete, Inc. Management Committee Former
Ball State University BS Accounting Former

Organization Position Status
Aprimo, Incorporated Chief Executive Officer Current
Aprimo, Incorporated Board of Directors Current
Health Enterprise Partners, L.P. Hep Advisory Board Member Current
Finishmaster Inc. Director Current
Healthsource, Inc. Chief Information Officer Former
Northeast Utilities Former
Drexel University Master's Degree In Information Systems Former
University of Connecticut MBA In Finance Former
University of Hartford Bachelor of Arts Degree In Physics Former

Michael L. Smith served as Executive Vice President and Chief Financial Officer (CFO) of Anthem, Inc., and its subsidiaries, Anthem Blue Cross and Blue Shield, from April 1999 until his retirement in January 2005. Anthem is one of the largest health benefits companies in the United States. From April 1996 to March 1998, he served as Chief Operating Officer and CFO of American Health Network, a former Anthem subsidiary that provided physician practice management services to 270 primary care practices in Indiana, Kentucky and Ohio. Prior to joining Anthem, Mr. Smith was Chairman, President and Chief Executive Officer of transportation company, Mayflower Group, Inc. He began his business career in the Indianapolis office of Arthur Andersen & Co. after graduating from DePauw University in 1970. Mr. Smith currently serves on the Boards of Directors for several businesses, including Emergency Medical Services Corporation, Inc., the nation's largest emergency medical services provider; Kite Realty Group Trust, a real estate investment trust, or REIT; Vectren Corporation, a progressive energy-holding company; and HH Gregg Appliances, Inc., one of the nation's leading retailers of home appliances and consumer electronics. He also serves on the Boards of Finishmaster, Inc., and its parent, Ldi Ltd., and Calumet Specialty Products Partners, L.P. Additionally, Mr. Smith serves on the Board of the Central Indiana Community Foundation and is a member of the Board of Trustees of DePauw University, the Indiana Commission for Higher Education and Lumina Foundation for Education. Mr. Smith is a founding member of Cardinal Equity Partners, a mid-market private equity investment fund headquartered in Indianapolis, Indiana.

Organization Position Status
Carestream Health, Inc. Executive Vice President and Chief Financial Officer Current
Ksa-Plus Communications Chief Financial Officer Current
Cardinal Ventures, LLC Senior Advisor Current
Lafayette Jefferson High School Current
Hhgregg, Inc. Chair Current
InterMune, Inc. Chairman Current
Hhgregg, Inc. Board of Directors Current
M&I Bank Director Current
InterMune, Inc. Director Former
HAAN4KIDS Board of Directors Current
Kite Realty Group Trust Board of Directors Current
Vectren Corporation Board of Directors Current
Carestream Health, Inc. Board of Directors Current
Emergency Medical Services Corporation Board of Directors Current
Emsc, LLC Director Current
Finishmaster Inc. Director Current
Calumet Lubricants Co Member of the Board Current
Amr, Inc. Director Current
Central Indiana Community Foundation Board of Directors Current
Michigan Maritime Museum Board of Directors Current
Vectren Corporation Team Member Current
Anthem Inc. Chief Financial Officer Former
American Health Network, Inc Chief Operating Officer Former
Blue Shield LLC Executive Vice President Former
Anthem Insurance Chief Financial Officer Former
Anthem Inc. Executive Vice President Former
Anthem Insurance Executive Vice President Former
Arthur Anderson & Co. Former
Boys' State Board of Directors Former
Education, Inc. Director Former
First Indiana Corporation Board of Directors Former
DePauw University Bachelor of Arts In Economics Former
First Indiana Corporation member Former

Organization Position Status
Finishmaster Inc. Co-Chairman, Vice Chairman Current
Finishmaster Inc. Director Former
advertisement
advertisement
Click Here