Geppi Family Enterprises, Diamond’s Parent Company, Adds to its Leadership Team and Opens Up Credit with JP Morgan Chase
Geppi Family Enterprises (GFE), the parent entity of Diamond Comic Distributors, Alliance Games Distributors, and other Stephen A. Geppi-owned companies, has expanded its leadership team. In addition, it has announced changes to help expand into new product lines and markets to raise sales and profitability.
Formed in 2015, GFE was created to encompass all the companies owned by Diamond Comic Distributors’ Founder and President & CEO, Stephen A. Geppi. The holding entity is comprised of a dozen companies, among them Diamond Comic Distributors, Alliance Game Distributors, Diamond Select Toys, Baltimore Magazine, Hake’s Auctions, Diamond International Galleries, and Gemstone Publishing.
GFE has updated its current leadership structure to add an Office of The Chairman, comprised of Geppi as Chairman and CEO; current GFE Executive Representative, Joe Foss, who will serve as Vice Chairman; and Stan Heidmann, who will join the team as President.
Prior to joining GFE, Heidmann was Finance Division Executive – Revenue Management at PepsiCo, where he led their distribution, revenues and finance teams for the Mid-Atlantic region.
In addition to the hiring of Heidmann, Geppi also announced that he will be establishing an Advisory Board for the Geppi Family Enterprises level. The board will be comprised of accomplished executives from a variety of different industries, including the comic book industry.
Geppi also announced that both Diamond and Alliance Game Distributors are entering a new banking relationship with JP Morgan Chase. The new credit facility will support Diamond and Alliance’s efforts to expand, create new products, and raise profitability.