Industry veteran Cloud passes away
Steve Cloud, chairman of Merriam, Kansas-based Cumulus Companies, parent corporation for IBT Industrial Solutions, passed away on Aug. 24. He was 73.
“We are greatly saddened to share the passing of our Chairman of the Board, Steve Cloud," according to a statement issued by the company's board of directors. "He was a visionary leader, a devoted husband, father, grandfather, and trusted friend. During the 50 years that Steve served and led the company, he strengthened the unshakable foundation built by his parents — a culture that truly values people. His legacy is one that will live on in the Cumulus Companies forever. We are lucky to have had such a thoughtful, respectable, and dedicated leader. The company’s directors and employees, as well as the many people he worked with and mentored over the years, mourn his loss and extend our deepest sympathies to his family.”
His obituary said Cloud was "a life-long employee at IBT Industrial Solutions, a company founded by his parents the year he was born. During the fifty years that he served and led IBT, he considered every person that worked there family. He continued the culture and success created by his parents, and his legacy will live on at IBT through future generations."
Sixteen-year Cumulus Companies veteran Jeff Cloud — Steve’s son — assumes the company’s chairman role, effective immediately. He became president of IBT in April 2018 and added the title of CEO in July 2019. He is also the CEO of Cumulus Companies.
IBT launched Cumulus Companies in January 2018 as a new parent entity to support growth demands. Cumulus is comprised of four separate companies within three growth platforms; industrial distribution, conveyance belting products and aerospace parts manufacturing
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
