Mark Stephens has been promoted to the position of president of Pride Family Brands (Fort Lauderdale, Florida). Stephens will take over the leadership role previously held by Derek Ritzel, who has left the company to pursue personal interests. Prior to this promotion, Stephens served as executive vice president of sales for the manufacturer of handcrafted luxury outdoor furnishings. The appointment was made by private- equity company New Water Capital, the owner of Pride Family Brands.

As president, Stephens will be responsible for the successful execution of Pride Family Brands’ plan for long-term growth. John Disa, chair of Pride Family Brands and partner, New Water Capital, says, “Mark is an exceptional leader and a consummate professional with not only immense knowledge from his years of working in the home category, but also valuable insight from his previously held position within Castelle.”

Stephens joined Castelle/Pride Family Brands in September 2017, following his tenure as senior vice president of sales for Heritage Home Group, which encompassed brands including Broyhill, Thomasville, Drexel, Henredon, and (at the time) outdoor- furniture brand Lane Venture. His previous experience in the home category included serving as vice president of sales and marketing for Broyhill. In 2011, Stephens became president of Broyhill Furniture, returning the iconic furniture brand to growth and profitability.

Stephens says, “At Pride Family Brands, we have a dedicated group of professionals and artisans who are passionate about creating the highest value across each of our brands. In my new role, I envision a company that will be recognized as an industry leader not only in terms of design and quality, but in service as well. I look to create an environment in which each team can excel by understanding and providing solutions to the needs of our customers. I look forward to being a part of these efforts and am truly honored to have this opportunity.”