SanMar’s Jeremy Lott takes the top spot on annual Power 50 list
TREVOSE, PA – November 16. 2020 – The Advertising Specialty Institute® (ASI) today announced the annual Counselor Power 50 list of the most powerful people in the promotional products industry, with Top 40 supplier SanMar CEO/President Jeremy Lott commanding the top spot, thanks in large part to his leadership during COVID-19.
Click here to see the complete ranking of the 2020 Power 50.
“This year, a year unlike any other in our industry’s long history, the entrepreneurs and business owners on the Counselor Power 50 list outdid themselves, performing under extreme pressure while surmounting unbelievable challenges to lead their teams forward,” said Timothy M. Andrews, ASI president and chief executive officer. “All of us can learn from their flexibility and determination as we push ahead to recovery in 2021 and beyond.”
Highlighting the most influential movers and shakers in the promo industry, this year’s Power 50 features 10 first-time honorees, as well as the return of two leaders who previously appeared.
The list was unveiled in a video during the ASI Power Summit Live, a virtual webinar featuring a keynote by entrepreneur Peter Shankman, with experts discussing ways top promo end-markets like education, hospitality and trade shows/events are utilizing branded merchandise. A Q&A between Andrews and Geiger CEO/President Jo-an Lantz detailed how one of promo’s biggest distributorships adapted amid monumental challenges posed by the pandemic.
Visit asipowersummit.com to download or watch business-building content from this year’s Power Summit, including presentations and recordings of individual sessions.
Ascending two places to first on this year’s list, Lott was chosen for the number-one spot in part because of his inspiring and efficacious leadership when SanMar’s promo business virtually disappeared overnight at the outset of the pandemic. Lott powered the supplier’s pivot to personal protective equipment (PPE), leading to contracts to produce about 200 million face masks for the federal government. The agile maneuver helped ensure no SanMar employees were laid off.
The son of promo luminary/SanMar founder Marty Lott, Jeremy’s achievements during the dark days of COVID built upon his already impressive resume, which includes not only running the North American promotional products industry’s largest company (estimated $2.4 billion in 2019 revenue), but also being a guiding light for the industry on corporate social responsibility and sustainability.
Introduced in 2006, the Counselor Power 50 list annually spotlights executives from distributors and suppliers, as well as industry outsiders, who wield considerable power and influence in a global marketplace. Below are the business leaders who command the top 10 slots:
Selection of the people on the Power 50 list is a combination of votes by last year’s honorees, nominations from industry pros and consideration of accomplishments from the past year.
The full Power 50 article and individual profiles will be the cover story of December’s issue of Counselor magazine.
For more information on the Counselor Power 50 list, contact Michele Bell, ASI’s vice president of editorial, events and education, at [email protected]. To advertise in ASI’s magazines, contact Matthew Barnes, ASI’s senior vice president of supplier sales and marketing, at [email protected].
The Advertising Specialty Institute (ASI®; asicentral.com) serves a network of 25,000 suppliers, distributors and decorators in the $25.8 billion promotional products industry. ASI’s flagship product, the technology platform ESP®, manages the industry’s entire supply and marketing chain. ASI also produces award-winning digital and print content, live events and educational programs that enable companies in 53 countries to be more efficient, productive and profitable. ASI’s Counselor® magazine provides the most authoritative business content in the industry, and the ASI Certification Program features 200+ live and online education courses for industry professionals. The company, family-owned and -operated since 1962, is proud to have been consistently ranked among the “Best Places to Work” in Philadelphia and Bucks County, PA.