ABC Companies announced the promotion of Tim Wayland to president and chief commercial officer of ABC Companies.
In his new position Wayland will work closely with the ABC Board of Directors and ABC Senior Executive Team to insure business objectives for growth, profitability and organizational development are met. As president, Wayland will be responsible for the day to day operations of the company and will continue to direct the development of corporate-wide sales plans, policies, and forecasts to meet targeted objectives in all facets of ABC sales activities.
Wayland joined the company in 1994 as President of ABC Financial Services and was named chief financial officer in 2008. He was promoted to chief commercial officer in October 2011 and will continue to hold a seat on ABC Companies’ Board of Directors.
Dane Cornell will continue as CEO and has been appointed as chairman of the board. ABC Companies founder, Clarence “Clancy” Cornell has been appointed as chairman emeritus and will remain as an advisor on ABC’s Board of Directors.
“Tim Wayland has become an icon in our industry and his broad financial background and knowledge of our markets have been an important part of ABC’s success story. We are continuing to grow our company and Tim will play a strategic role in our long term direction for ABC Companies,” stated Cornell.