Sphere 1 Names New President, Eventual CEO Successor - Modern Distribution Management

Log In

Sphere 1 Names New President, Eventual CEO Successor

Effective in May, Mike Shumard will become President of tool, fastener and concrete accessory distributor cooperative Sphere 1.

Sphere 1, a cooperative of tool, fastener and concrete accessory distributors, named a new President to take post in May and eventually assume the role of CEO at the end of 2026. 

Mike Shumard has been with Sphere 1 as Executive Vice President since July 2016 as a part of the succession plan of longtime CEO Rob Moe, who will retire in 2027.

Shumard has more than 20 years of leadership, sales and executive operations experience.  Before joining Sphere 1, Shumard served as the Executive Director for two large organizations as well as the VP of Sales for The Gavel Group/Winspire Inc. 

Moe will remain CEO until he transitions to a support role on Dec. 31, 2026. His formal retirement will be at the end of 2027.

Moe joined the cooperative in 2015.

“After what will be 43 years in this industry and more than 12 years at Sphere 1, It’s time for me to get out of the way,” Moe said in a March 6 news release. “It gives me great joy and comfort to know that the leadership of Sphere 1 as a cooperative will be in Mike’s hands. He has more than earned this opportunity and will take this organization to new heights.”  

(Left to right: Rob Moe and Mike Shumard. Photos courtesy of Sphere 1)

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.