Updates from our CEO Paul Darley regarding Coronavirus

Fire Pumps, Fire Apparatus, Fire and Defense Equipment

Inside Darley Coronavirus Update #3 – How CEOs Are Responding - #Silver Linings

I’m Paul Darley and thanks for tuning into this issue of Inside Darley.  I’m reporting to you today from my home in Elmhurst, Illinois where my wife Heidi and I have lived for 32 years and raised a family. 
We are all practicing social distancing and while Chicago has now been deemed a hotspot for Coronavirus, all of our locations remain open in Wisconsin, Michigan and Iowa and functioning at roughly 95% capacity.  Most of our Chicago location employees are working remotely, but our warehouse in Chicago remains open to fulfill equipment orders to support our First Responders.
 
Besides our company Coronavirus task force, we’ve also set up an equipment task force, with roughly 15 staff working to source any response equipment and PPE possible.  We’ve got over $1M in equipment on order currently and are staging that and working closely with our Federal and First Responder customer to get that equipment to them as quickly as possible.  If you’re looking to place orders for that, reach out to Tom Darley at tomdarley@darley.com and he can point you in the right direction.

We’ve been communicating regularly with leaders in the industry about their concerns, ranging from the fate of FDIC to the recent changes at REV Group, we included several attachments with info on those issues.  We’ve also attached a copy of our most recent Spring/Summer edition of the Darley Times.  Also included are some great articles from McKinsey, Kellogg, a great article from Patrick Lencioni, and while we can’t attach any articles we recommend checking out everything the Harvard Business Review has to offer.  In particular they have great articles on Coronavirus corporate response and general grief acknowledgement and management. 

At Darley we are guided as always by our core initiatives.  These include:
 
1. Employee health and safety
2. Taking care of current customers
3. Watching cash flow
4. Pivoting and positioning ourselves for opportunities both during and after this crisis

There are some silver linings that I see right now – gas prices are down, pollution is down, the stock market is rebounding, and I’ve lost about 5-10 pounds on the Coronavirus stress diet!  We’ve got many great minds in the area working on vaccines and treatment for the disease as we speak, including Abbott Labs and Danaher.  Everyone stay positive, we are going to get out of this, but make sure you pace yourselves, this is a marathon, not a sprint.

Darley is here for you, if there’s anything we can be doing to assist you, please don’t hesitate to reach out.  Thank you to all our First Responders for all you’re doing, we’re here for you.

Stay Healthy,

Paul Darley