Papasadero leading NARDA
By Michael J. Knell -- Furniture Today, April 20, 2008
Las Vegas — Buying group veteran Otto Papasadero has been named interim executive director of the North American Retail Dealers Association (NARDA) and its service division, Service USA.
The announcement was made at the organization's third annual Service and Retail Convention here.
"Otto, an icon in the industry, has assisted countless independent retailers and services in their businesses and we look forward to his leadership role in the association," said Rosemary Jacobshagen, NARDA's executive vice president.
Papasadero succeeds Tom Drake, who resigned as president and CEO in March to take a similar position with L3, a start-up consulting firm.
Papasadero was president and CEO of Mega Group, the cooperatively owned Canadian buying and marketing group based in Saskatoon, Saskatchewan, for almost a decade. For the past seven years, he has undertaken a number of assignments for NARDA and also has been an executive coach for several retailers.
"I have accepted this position based on the intention of finding a qualified person to serve in fulfilling this position on an ongoing basis," Papasadero said. "Our desire is to fill this in a reasonably short term, while at the same time putting forth a conscientious effort to find the best person to fit the role."
Headquartered in Glenview, Ill., NARDA is a 65-year-old, not-for-profit trade association for independent big-ticket retailers. Its membership includes more than 3,500 furniture, appliance and consumer electronics retailers in the United States and Canada with combined annual sales of about $11 billion. In addition to education, the group provides a variety of financial, insurance, transportation and other business services.
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