February 17, 2021- Leawood, Kansas.
Co-Owner Demi Lloyd to Become CEO of DEMDACO March 1, succeeding David Kiersznowski who will retire as CEO after 25 years with DEMDACO.
DEMDACO, a leading gift and décor company, announced today that current CEO Dave Kiersznowski would be stepping down from his role on March 1, and Co- Founder and Co-Owner Demi Lloyd would become the new CEO at that time. Lance Hart, who has been President of the company since 2009, will continue to operate the organization on a day-to-day basis.
Mr. Kiersznowski has led the company since its founding in 1996, and wrote the following in an email sent to employees on February 16:
“This transition is something Demi and I have been discussing for some time, and it works out well for both of us. I know it will be a positive move for the company; it’s something both Demi and I are excited about.” Mr. Kiersznowski shared that he was both grateful and happy that Ms. Lloyd would be stepping into the CEO position, stating that “she is perfectly suited for this position and this moment. “
Ms. Lloyd has a long history in the gift industry. Her family started and owned House of Lloyd, a significant direct selling gift and Christmas décor company. She joined the company after receiving her MBA from Northwestern University’s Kellogg School of Management and was CEO of the company from 1996 – 1999.
Asked about the upcoming transition, Ms. Lloyd stated “The company is in great shape, thanks to Dave and the leadership team. I look forward to working more closely with this dynamic team and making products that brighten the lives of our customers.”