(Submitted by Principle Business Enterprises)
Principle Business Enterprises (PBE), a woman-owned, family manufacturer of high-absorbent products and footwear safety solutions, has announced the appointment of third-generation successor, Andrew Stocking, as President and COO. Andrew combines a PhD in economics with over 20-years of experience in business development, policymaking, and marketing to his newest leadership role. As the VP of Marketing and Data Analytics at Principle Business Enterprises, Andrew led the company’s digital marketing and data insights efforts. Previous to PBE,
Andrew served in the federal government as Senior Advisor for Energy Security and Economics with the U.S. Department of Energy and Market Design Economist at the Congressional Budget Office. Andrew has also taught economics at the University of Maryland and Bowling Green State University. Andrew will be succeeding his parents, Chuck and Carol Stocking who are staying with the company as Co-CEOs and Board Members.
Andrew’s track record of bringing rigorous analysis and data to improving the quality of decision making and increasing company market share was cited as integral to his appointment to this role. “It is satisfying knowing that the operational leadership of the company is in Andy’s hands, with his innovative and ever-learning approach to business operations,” said Chuck Stocking, Co-CEO at PBE. “Andy’s experience leveraging data and technology to drive businesses decisions, his caring concern for how PBE can bring transformational outcomes to our healthcare customers, and his deep passion for bringing manufacturing jobs to the Midwest, make him the perfect fit to lead Principle Business Enterprises into the future.”
Andrew stated, “I grew up listening to my grandmother tell me about starting Principle Business Enterprises. And then I watched and listened as my parents grew the company to 300 associates making products that benefit millions. Now, I am honored and humbled to be the third generation to manage this amazing company in Dunbridge, Ohio. Following the tradition of my grandparents and parents, we will continue our mission to be a principle-centered business that is a great place to work and makes products that uplift the lives of our customers.”
About PBE: Principle Business Enterprises is a woman-owned, family manufacturer that develops and markets innovative, high-performance absorbent products with applications in health care, industry and consumer products. As a principle-centered business, PBE focuses on creating solutions that uplift, enlighten, and enrich the lives of those it serves – from incontinence and acute care to specialty absorbent products. PBE has two manufacturing facilities located in Dunbridge and Bowling Green. For more information about Principle Business Enterprises, visit www.principlebusinessenterprises.com.