Hourglass Management Corporation Establishes The Hourglass Foundation

Commerce City, CO, May 2, 2017 (Newswire.com) - Hourglass Management Corporation, one of the premier fleet services and remarketing companies, has recently announced that CEO Ron Shoemaker will assume the Chairman of the Board position for all the companies under their corporate umbrella. As the majority owner in Hourglass Management Corporation, Flexco Fleet Services, and Innovative Funding Services, Ron was a driving force behind their growth and success in the field.

Assuming the CEO position at Hourglass will be Chad Shoemaker, who joined the company in 2009 and has been President since 2011. As CEO, Chad will manage the day-to-day operations of the Hourglass companies. Commenting on Chad's promotion, Ron shared: "It is a great pleasure that we announce the promotion of Chad to CEO of our companies. For the past 8 years, Chad has embraced our business models and added tremendous value to our company's visions. His attention to detail is second to none, and we are all very excited to continue our journey with Chad as CEO."

"The Foundation supports those who have experienced life-altering or traumatic events in their lives. Our passion is to mentor and strengthen individuals by providing opportunities and a support network for life advancement."

Ron Shoemaker, Chairman of the Board

Although Ron Shoemaker will still be active in all of the businesses as Chairman, he's putting most of his efforts and focus on the new non-profit venture, The Hourglass Foundation, that he co-founded with his son Chad. The Hourglass Foundation is guided by the belief that great change can come from helping at the local and individual levels. Making a direct community impact with grass-roots organizations provides results that can impact their goals and fill immediate needs. One example is the donation of a Dodge minivan to a center for at-risk middle school and high school girls in Pensacola, Florida. The van provides safe transportation to events for these young women and allows them to participate in activities that were not accessible previously.

Ron Shoemaker continued, "The Foundation supports those who have experienced life-altering or traumatic events in their lives. Our passion is to mentor and strengthen individuals by providing opportunities and a support network for life advancement. To achieve our mission of, 'Lifting others, one person at a time,' we support nonprofit organizations that provide educational, financial, and spiritual renewal to those in need at the individual level."

Joining the Foundation team and assisting Ron Shoemaker will be Janet Smail in the role of Executive Director. As the Foundation's first employee, and with over 17 years of experience in a variety of management roles at Flexco, Janet is well positioned to advance the Foundation's agenda and professionally handle any of the challenges that lie ahead.

The Foundation secures funds to support their philanthropic work in part through vehicle donations from companies and individuals. They accept "Anything with an axle," and use their extensive connections and expertise to sell donated vehicles for competitive market prices to maximize the social good they can do with the funds. We invite associates, supporters, and potential partners to visit thehourglassfoundation.org for more information.

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Hourglass Management Corporation is an industry leader focused on strategic consultation and best practices within the automotive remarketing, financing, and fleet management industries. HMC provides value to its customers and partners through the creation of strategic alliances and development of new and innovative products supported by the suite of companies it represents, Flexco Fleet Services, Innovative Funding Services, and ZOOMWAREHOUSE Online Vehicle Auction.

Flexco Fleet Services is an asset management company that provides a wide range of vehicle remarketing and complimentary fleet management services to corporations, government entities and financial institutions.

Innovative Funding Services is a top-tier finance organization working with Fortune 100 companies, major national banks, and vehicle manufacturers to provide consumers with a streamlined vehicle loan process on purchasing, pre-owned or leased vehicles. IFS can assist in re-financing current vehicles to lower monthly payments, and provide Vehicle Service Protection Plans, GAP Coverage, and Tire and Wheel Coverage to help consumers avoid large unexpected repair bills.

For more information, contact:
Chad Shoemaker
Hourglass Management Corporation
5565 E. 52nd Avenue
Commerce City, CO 80022
(303) 756-5800

Source: Hourglass Management Corporation

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