Automatic Merchandising Association to seek president The $4.8M-revenue National Automatic Merchandising Association announced it will conduct a search for a new leader and will not renew the contract of current CEO and President Richard M. Geerdes. The NAMA board has asked Geerdes to remain until the end of 2011, when his contract expires, while the search, to be conducted by Leonard Pfeiffer of Leonard Pfeiffer & Company, goes forward. “Our industry has advanced significantly thanks to Rich’s hard work, dedication and vision. He has positioned NAMA for this change as we work to push our industry forward in a new direction,” NAMA board Chairman Craig Hesch said in a… Read More