Wednesday March 2, 2016

Former Al Neyer CEO Retiring

Tom Demeropolis
Cincinnati Business Courier

“Dave Neyer, a longtime CEO of Al Neyer, is retiring effective April 1.

Most recently serving as executive vice president, Neyer was part of the fifth generation of the Neyer family to own and lead the firm. In the summer of 1998, Neyer became CEO of Al Neyer, and he held that position until October 2011, when he shifted to chairman and chief investment officer.

Neyer, 56, said there are three reasons why he decided now is the right time to retire.

“One, our company is on great financial footing; it looks like we’ll have our best year by far this year,” he said. “Second, we’ve got the leadership team in place … And third, as of two years ago, we have a sustainable ownership model.”

In recent years, Al Neyer added to its executive team. Molly North became chief executive officer of Al Neyer on June 1, 2015. The firm also hired Bob Fessler as executive vice president of business development in October and added Joe Fleming as CFO in November. Back in April 2014, Al Neyer transitioned to an employees stock ownership plan after 120 years as a family-owned business.”

Click here to read more in the Cincinnati Business Enquirer.

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