08 Nov Diana Newton Elected to Do it Best Corp. Board of Directors
Diana Newton has been elected to the board of directors for Do it Best Corp., an international home improvement co-op, the company announced at the end of October. Newton was formally elected to the co-op’s board of directors at its annual fall market in Indianapolis.
Based in Fort Wayne, Ind., Do it Best Corp. is the only U.S.-based, member-owned hardware, lumber and building materials buying cooperative in the home improvement industry, with thousands of independently owned locations in the United States and around the world.
This will be Newton’s first term on the 12-person board, the member-elected governing body ultimately responsible for securing the co-op’s financial stability and driving its strategic direction.
“Diana has more than proven herself over the past 20 years,” said Brad McDaniel, chairman of the Do it Best board of directors. “Her organizational development, commitment to innovation and mentorship of staff have paid off with both store locations she oversees experiencing significant growth. Her work ethic and long-term strategic vision are qualities highly sought after for this board, and we look forward to her contributions as we move into a new year.”
A true student of the business, Newton grew up in the hardware and lumber industry, with her parents owning Chicago-based Craftwood Lumber, where she worked after school and throughout college. Although she studied to be a high school math teacher, a call from her father asking her to help him expand the business with the purchase of a California store changed her plans.
Diana moved to Seal Beach to begin running Bay Hardware, the store her father purchased. Through a combination of community investment, expanded product mix and employee training, Diana greatly improved the efficiency and profitability of the store. She also initiated a remodel of the 2,800-square-foot location to widen and clearly label the aisles, ultimately enhancing the shopping experience for customers.
In 2013, Newton and her family purchased a second area store, Lunada Bay Hardware, in Palos Verdes Estates. Store sales at this location have increased more than 200 percent since the purchase and year-over-year sales continue to grow.
In 2018, Newton received the Young Retailer of the Year Award from the North American Retail Hardware Association (NRHA), a national trade organization, and the Seal Beach Lions President Award of Honor. The previous year, she was also named a Top Young Guns Honoree by the NRHA.
“I am honored and humbled to be chosen to serve on the board of an organization that has meant so much to me, and that I am so deeply committed to,” said Newton. “I have always had a fire in my belly – a desire to push myself to do better and more. I promise to bring that passion to serve my fellow member-owners, helping them to dream big and providing them with the resources and inspiration to grow.”