Northwest Arkansas Business Investor Purchases Maumelle-based Innerplan
Maumelle, Ark. – Innerplan, a leading contract office furniture dealer based in Maumelle, Ark., comes under new ownership today, with company founder and chairman Jim Narup remaining on the company’s board of directors.
Roger McMennamy, a long-time Northwest Arkansas resident and business executive, closed on the purchase of Innerplan today. McMennamy will immediately begin serving as the company’s new chairman, president and chief executive officer, while his son, Tim McMennamy, also an investor in the new purchase, will serve as vice president of Innerplan overseeing financial, information technology and human resource functions for the company.
Although retiring, Narup will remain on Innerplan’s Board of Directors to provide industry knowledge, customer relations and business acumen that derive from his years of leading Innerplan. Long-time Innerplan managers Chris Cerrato, vice president of sales and marketing, and Karen Dorris, vice president of operations, will remain with the company.
"Innerplan just celebrated our 30th anniversary in business at the end of May," Narup said. "We have had an amazing 30 years serving clients all across the Southwest. With this great run, it was time for me to retire and pass the torch on to other capable hands. Roger McMennamy and his family hold the same business values that I do and plan to continue the growth Innerplan has enjoyed over recent years. I look forward to working with them as a member of their board, providing counsel and guidance on the fast- growing contract furniture industry."
Roger McMennamy brings years of experience running a variety of businesses to the Innerplan team. He served as president and chief executive officer of Auto Master for four years until his retirement in December 2007. He started with the company as managing director in 1998. During that same time, McMennamy served as president, CEO and dealer of Daryl Hickman Chevrolet. For the nine years prior to that, he worked with Cooper Communities Inc., serving as president and CEO for seven of those years. He has served as chief financial officer for four companies, two of which have been publicly traded. McMennamy earned his master’s in business administration from the University of Texas and is a certified public accountant.
"I have always managed with a 'do-the-right-thing’ philosophy," McMennamy said. "The only way for any business to thrive is by providing exceptional service to our customers. Innerplan has a proven track record of putting the customer first. We will continue to make that our first priority, while looking to distribute the highest quality furniture products on the market."
In his role as vice president for finance, IT and HR, Tim McMennamy will replace Rick Cobb, who is retiring. McMennamy has served as a principal of CFO Network, overseeing business development for the firm and providing financial consulting to clients since 2008. Prior to that, he served as director of solutions operations for Technisource. He has also worked as chief financial analyst for Herrington Inc. and worked for Alltel Information Services in several capacities for six years. McMennamy earned his master’s of business administration from Vanderbilt University and has two bachelor’s degrees from Southern Methodist University.
Innerplan, which has 24 employees, will continue to serve as a preferred dealer for Haworth Inc., one of the country’s largest office furniture manufacturers based in Holland, Mich. The company has been awarded Haworth’s top honor, the President’s Circle Award (top 30 dealers in North America), multiple times. Innerplan works closely with clients to design and install office environments of all types and sizes. Computer- aided design allows the Innerplan team to specify office layouts with specific furnishings and accessories. The company specializes in serving government, healthcare and education segments along with serving corporate clients across the Mid-South.
About Innerplan
Headquartered in Maumelle, Ark., Innerplan has been providing furniture and design services to corporate and nonprofit customers for the past 30 years. Founder Jim Narup opened the company in 1979 after working as a manufacturer’s representative for Haworth Inc. for five years. Innerplan’s award-winning team of consultants work closely with clients to create office space that keeps employees productive and happy. Innerplan has offices in Maumelle and Fayetteville, Ark. In 2005, the company relocated to its current space in Maumelle that features a 12,000-square-foot showroom and working offices and 8,000-square-foot warehouse. A variety of office set-ups can be found in the showroom, including raised floor, under floor air, plug-and-play electrical distribution and Lifespace walls. Innerplan is a major distributor for Haworth Inc., headquartered in Holland, Mich. Innerplan was named Arkansas Business’ "Business of the Year" in 1999.
View press release (PDF).