Two industry leaders retiring from the game
By Michael Knell, Canadian correspondent -- Furniture Today, November 25, 2001
One of my favorite writers once said that getting in the shower often is the best part of the game. You've done your best, given it your all and you've achieved that endorphin high. For many athletes, standing in the heat and steam and feeling every muscle relax produces euphoria unlike any other. Two fine gentlemen I've had the pleasure of knowing for the best part of 15 years are about to find that out.
While sport is often used as a metaphor for business, in the case of Pat Thody it's very appropriate. Pat, who's stepping down as chairman and CEO of Simmons Canada in May, has the best golf swing in the Canadian furniture industry. His passion for the game has become legendary. I wouldn't be surprised to see him on the Senior Tour.
In addition to his family, Pat's other passion has been the company he's devoted almost all his working life to. He led the management buyout of Simmons Canada from its U.S. parent and then successfully steered its IPO some three years ago. He also lent his leadership skills to the industry, having served two terms as president of the Ontario Furniture Manufacturers Assn. He's been a fixture on the board for more than a decade.
I've never known Orville Mead to pick up a golf club, but what he reminds me of most is a boxer — but not the knock 'em down and knock 'em out in 30 seconds type. He's the guy with the fancy footwork who dances around the ring, bobbing and weaving, wearing his opponent down, looking for weaknesses and jabbing with short, stinging blows. He's the kind of boxer who wins on points, who beats the bigger, heavier guy with cunning and skill.
Unlike Pat, Orville isn't leaving the building completely. He's going to stay on as chairman of Durham Furniture when he gives up the CEO designation to Derek Ashton on Jan. 1. Everyone knows that almost 10 years ago, Orville rescued Durham from the ashes of what was then the Strathern House Group.
For many in the industry, Orville is a hero. He proved that Canadian furniture manufacturers could compete in a free-trade environment. He showed a company can succeed by making bedroom furniture that will stand the test of time. He demonstrated that to win against the big guys, you don't need to land a knockout punch if you can go a few extra rounds.
Both Pat and Orville will be missed. But the lessons they've taught us, and the leadership they've given us, should stand the industry in good stead for many years.
| Thody |
| Mead |
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