Capel Rugs recently announced the promotion of three executives to newly created positions with the company. Cameron Capel has been promoted to president of sales and marketing; Richard Capel has been promoted to president of manufacturing; and Ron Capel has been promoted to president of finance and retail. The promotions will be effective as of 2018.
All three will report to Capel's board of directors. Currently, they report to John Magee, president and CEO. Magee, a partner with the management consulting firm ABTV, will step down as president and CEO of Capel Rugs effective Dec. 31, but will remain with Capel as an adviser to management and to the board.