Calloway's Nursery Announces Management Changes With Appointment Of Marce E. Ward As President And Chief Operating Officer

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Nov 19, 2014, 04:01 ET

FORT WORTH, Texas, Nov. 19, 2014 /PRNewswire/ -- Calloway's Nursery, Inc. (PK: CLWY) today announced that Marce E. Ward has been named President, Chief Operating Officer and a member of the Board of Directors effective January 1, 2015.

James C. Estill, who will continue to serve Calloway's as Chairman of the Board and Chief Executive Officer, said, "Marce joined Calloway's as a member of retail store management when we were opening the first stores in 1987. We have benefited from his contributions as he moved into positions of ever increasing responsibility to his current position leading our merchandising and marketing teams. We are confident that his demonstrated management skills will benefit Calloway's as the company continues to grow and prosper in the years to come."

Ward holds a Master of Business Administration degree from Texas Christian University and earned an Associate Degree in Ornamental Horticulture from Texas State Technical College. He is a Texas Master Certified Nursery Professional (TMCNP) and has completed courses including Total Quality Management, Total Quality Leadership, Lean Just in Time (JIT), Inventory Management, and Advanced Study of Herbaceous Perennials.

John T. Cosby, Vice President of Corporate Development and a Director announced his retirement from Calloway's effective January 1, 2015.

Mr. Estill stated, "John Cosby, John Peters and I came together in 1986 and decided to create a new business to serve the gardening needs of Dallas/Fort Worth. The reason Calloway's exists today is due to John Cosby providing superior management skills and real estate expertise in developing garden center structures together with John Peters' contribution in the area of recruiting and developing the best retail garden center teams." John S. Peters, who will continue to serve Calloway's as Vice President of Operations, will vacate his position on Calloway's Board of Directors effective January 1, 2015.

Daniel G. Reynolds, Vice President and Chief Financial Officer, will fill the vacancy on the Board of Directors and assume Cosby's Corporate Development responsibilities. Dan will continue to serve as Vice President, Secretary of the Board and Chief Financial Officer which responsibilities include the company's accounting, finance, administration and information technology. Dan joined Calloway's in 1990 from his position at KPMG LLP which he had held since receiving his Certified Public Accounting designation in 1985.

Reynolds earned a Master of Science in Accounting from the University of Texas at Arlington in 2013, where he previously obtained his Bachelor of Business Administration degree with honors. He is currently earning his Master of Business Administration degree. In addition Dan is a member of the American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants and Financial Executives International (FEI). Dan was president of FEI's Fort Worth Chapter and served on its board of directors.

Founded in 1986, Calloway's Nursery, Inc. is a 19-store garden center chain serving the Dallas - Fort Worth and Houston markets as Calloway's Nursery in D/FW and Cornelius Nursery in Houston. The company strives to make gardening fun, easy and successful for customers by offering expert advice from Texas Certified Nursery Professionals; store environments that are educational and easy to shop; gardening clinics that serve both novice and expert gardeners; displays and instructions to aid gardeners with design and color development in their yards; and a product selection of the best plant varieties available.

SOURCE Calloway's Nursery, Inc.