Posts Tagged ‘Stream’

Stream Energy Closes Acquisition with NRG and Rebrands Direct Selling Business as Kynect

Stream has completed the previously announced sale of its retail energy business to NRG Retail LLC. The closing of the transaction between Stream, a leading direct selling company and marketer of energy and wireless services, and NRG Retail, a subsidiary of NRG Energy, Inc. (NYSE: NRG), follows the receipt of all required regulatory approvals. Kynect will be the…

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DSA Announces 2019 Awards Winners

In conjunction with its annual meeting, the U.S. Direct Selling Association (DSA), announced top honors to the industry’s standout companies at its 2019 DSA Awards gala in Austin, Texas. In addition, the Direct Selling Education Foundation(DSEF) announced three new inductees to its prestigious Circle of Honor. DSA Awards DSA Awards recognize the outstanding programs DSA…

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Rewarding the Right Behaviors

Global

THROUGHOUT THE history of direct selling, companies have differed in their approach to how is the best way to reward their distributors, trying their best to incent the behaviors that will both reward distributors fairly, while keeping in line with profitability. In this month’s cover story written by Courtney Roush, we talk with some of…

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Have You Checked Your Arbitration Clause Lately?

Arbitration Clause

IT HOLDS THE KEY TO PROTECTING your company from legal and reputational harm. IN RECENT years, a growing number of class action lawsuits have been filed against some of the direct selling industry’s leading companies. The fact is, no one is immune when class action lawyers get you in their crosshairs. The best way to…

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Full Stream Ahead

Kynect

Dallas-based Stream continues to expand its footprint and stay at the forefront as a leader in the direct selling industry. Stream Founded: 2005 Headquarters: Dallas, TX Top Executive: Mark “Bouncer” Schiro, CEO Annual Revenue: $958 Million Products: Energy (electric and gas), wireless, protective and home services Dallas-based Stream was founded in 2005 by Rob Snyder and Pierre…

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Direct Selling Association Announces 2018 DSA Award Winners, Top 20

Photo: DSA President and CEO, Joseph N. Mariano with 2018 Hall of Fame honoree Jeffrey Reigle, President and Chief Executive Officer, Regal Ware Inc. The U.S. Direct Selling Association (DSA), the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, announced the winners of the prestigious 2018 DSA…

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Stream Announces Upcoming Expansion into Ohio

Stream (formerly Stream Energy), a provider of energy and connected life services, will be expanding into Ohio. The announcement was made by Stream Chief CEO Larry Mondry during the company’s recent national conference, Stream Ignition, held this year in Fort Worth, Texas. On April 24, Stream Energy Services will expand to six territories in Ohio, which…

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Stream Announces Steve Fisher as Chief Sales Officer

Stream, a Dallas, Texas-based provider of connected life services, recently announced the appointment of Steve Fisher to chief sales officer. Fisher is a founding leader of Stream’s direct selling arm and one of its most successful Independent Associates, achieving the highest leadership position possible within the organization and becoming one of its top earners. He has…

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Stream Brings Energy Services to Delaware

Delaware

Dallas, Texas-based Stream (formerly Stream Energy), a provider of connected life services, recently launched its line of energy services, in addition to wireless, protective and home services, in Delaware. This is the company’s second energy expansion in 2017, following the opening of the Illinois market in September. Delaware is the eighth state added to Stream’s…

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Stream Announces David Faranetta as Chief Financial Officer

Dallas, Texas-based Stream (formerly Stream Energy), a direct selling company and provider of connected life services, recently announced the addition of David Faranetta as Executive Vice President and Chief Financial Officer. Faranetta will oversee the company’s financial planning and reporting, accounting, tax and treasury functions. A veteran of the energy industry, Faranetta brings with him…

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