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VENICE — Tervis Tumbler CEO Barry Wolfson, who joined the company in late 2010 and has since been at the helm of a supersized growth run, is no longer with the firm.
Tervis board member Pat Redmond, who was with St. Petersburg-based Jabil Circuit previously, has been named interim CEO, Chairman Norbert Donnelly told the Business Review this morning. Donnelly declined to comment further. He deferred questions to Tim Graham, a Tervis human resources official. Graham couldn't immediately be reached for comment.
Tervis, which manufactures and sells insulated drinkware, has been a standout growth story on the Gulf Coast for the past five years. The firm completed a major expansion of its facility in 2011, and sales, around $75 million in 2010, surpassed $100 million last year. The company was recently featured on a “Made in America” news special on ABC World News Tonight.
Wolfson replaced former CEO Laura Spencer in December 2010. He had previously worked with Tervis as a consultant, and he also ran a $100 million manufacturing firm in Georgia. At the time of that change, Donnelly, in a release, said Wolfson and other new promotions would provide “the leadership talent [the firm] needs” to continue growing.
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