Business Advisory Board Member
Hoyt H. (Larry) Larison developed his business skills and management theories at Columbia Paint and Coatings Inc. where he served as president and CEO for 31 years. Columbia was a privately owned architectural and industrial coatings company that marketed its products through a network of company-owned distribution centers.
Under Larison's leadership, Columbia grew to 10 times its sales level from the time he became CEO, with improved profit margins. The company was sold to the Sherwin Williams Company for the highest price ever paid for a business of its kind, as a multiple of sales, net profit or of EBITDA. At the time of sale, Columbia had 41 distribution centers in eight states in the Mountain West and Pacific Northwest, including Alaska.
The excellent rate of growth and the ultimate sale of Columbia Paint & Coatings Inc. was due to Larison's practice and application of points of focus and protocols. Additionally, many organizations for which Larison served as director, president and chairman have successfully employed points of focus and protocols to their advantage. Some of those organizations include American Chemet Corporation, Columbia Real Estate Holdings LLC, Mobius Science Center, Architectural Coatings Committee and Color Guild Incorporated.