Richard Marvin DeVos Jr., also known as Dick DeVos, is an entrepreneur and businessman. He was born on October 21, 1955, in the city of Grand Rapid in Michigan. DeVos is the son of the well-known Richard DeVos, co-founder of the Amway Corporation.
“Working For A Living”
Dick DeVos was employed as the chief executive officer, (CEO), of the company between 1992 and 2003. Sources indicate he has worked for the family business since he was young. He was first officially employed by the Amway Corporation in 1974.
Dick DeVos was employed in numerous positions in different divisions including sales, marketing, manufacturing, finance and research and development. In 1984 he was promoted to the position of a corporate vice president. He was assigned several duties. His main responsibility was to supervise the company’s transactions in 18 countries worldwide.
He formally became the vice president of foreign operations in 1986. At that time, foreign sales made up roughly five percent of the business’ overall sales. He would hold that position for the next six years. Foreign sales had grown to represent 50 percent of the business’ annual sales.
“Do You Believe In Magic?”
Dick DeVos is apparently a “good sport”, too. The DeVos family purchased the National Basketball Association (NBA) sports franchise known as the Orlando Magic in 1991. DeVos was recruited to serve as both the team president and CEO.
Goodbye, Florida, Hello Amway & Alticor
He traded his positions with the Orlando Magic and returned to Amway in 1993. He, like his father before him, became the president of the corporation. He broadened the business’ operations to more than 50 territories and countries on six continents.
In 2000, DeVos revamped the business. He launched Alticor and some subsidiary companies as well. The process of restructuring took under two years and it was meant to result in a return to significant profitability and to avoid additional downsizing or even the potential closing of the company.
He and his sibling Doug were put in charge of creating new industry standards. They were also responsible for moving the business into international markets. In the summer of 2002, DeVos left that position.
DeVos next moved to a position with The Windquest Group. The Windquest Group is a private investment management firm. DeVos took the reigns as the company president. The agency has holdings in technology, manufacturing, and other fields as well.
Visit http://dickdevos.com/ to learn more.