Mark Rhoades

Mark Rhoades is the current President of Contract Furniture at Fellowes. Prior to this, they were an Advisor at ESI from March 2016 to January 2020. During their time at ESI, they successfully marketed the company for sale to potential buyers and completed a strategic transaction that delivered top value to shareholders. Mark also grew EBITDA by 125% through the introduction of lean practices, plant restructuring, KPI development and empowerment of personnel. In addition, they increased revenue by 45% through distribution expansion, product development, program development and field sales force upgrades.

Mark is also responsible for designing, developing and launching 16 new product lines, with gross margin percentages in excess of 40%, and sales generation totaling over 47% of the company’s entire revenue. Mark has on-shored or near-shored 65% of component inventory for aggregate cost savings of over $1MM in PPV. Furthermore, they built a best-in-class leadership team of seven with the development of existing team members, as well as recruitment and onboarding of new talent. Lastly, they executed a rebrand strategy with a rejuvenated value proposition: “Simple Sell, Simple Service and Simple Design.” As a result of their efforts, the company was consolidated by reducing multiple sites and moving to an upgraded larger facility, which increased productivity.

Mark Rhoades has a BSBA in marketing from the University of Missouri Trulaske College of Business.

Mark Rhoades reports to John Fellowes, President & CEO. Mark Rhoades works with Hunter Rich - VP & General Manager, Bankers Box, Stacy Cano - Head of Global Human Resources, and Beth Wright - Chief Commercial Officer.