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Welcome to that strange stretch between Thanksgiving and Christmas, when workplace productivity drops tenfold, but Toledo Money kicks things into overdrive. While everyone else is coasting, we like to swim upstream.
If you caught last week’s edition, you may have noticed something big: we’ve officially landed on the radar of national advertisers. That’s a milestone for our little corner of the Midwest, and it helps us keep delivering sharp, useful insights every Friday. If one of our sponsors catches your eye, give the link a click, it genuinely makes a difference.
What we won’t do is turn this into an ad carnival with pop-ups, blinking banners, and 47 things begging for your attention. No, no, no. We’re sticking to one sponsor a week. One. Because the mission stays the same: real insights that matter, once a week, never more, never less.
Alright, let’s kick off this Friday the right way. Dive in. Checkout Long Angle below…Bill and I found this company very interesting. The report they provide for free is very insightful on how today’s top 1% make their decisions around finances.
👨🏼 This Week’s Shoutout: Meet Jonathan Gray, Executive VP at Coleman Systems Inc. Coleman Systems handles HVAC, mechanical, plumbing, fabrication, installation, maintenance, indoor air quality and more for commercial and industrial buildings. Jonathan’s a new Toledo Money reader and an all-around great guy. If your facility needs reliable service, he’s the one to call.
How High-Net-Worth Families Invest Beyond the Balance Sheet
Every year, Long Angle surveys its private member community — entrepreneurs, executives, and investors with portfolios from $5M to $100M — to understand how they allocate their time, money, and trust.
The 2025 High-Net-Worth Professional Services Report reveals what today’s wealthy families value most, what disappoints them, and where satisfaction truly comes from.
From wealth management to wellness, from private schools to personal trainers — this study uncovers how the top 1% make choices that reflect their real priorities. You’ll see which services bring the greatest satisfaction, which feel merely transactional, and how spending patterns reveal what matters most to affluent households.
Benchmark your household’s service spending against peers with $5–25M portfolios.
Learn why emotional well-being often outranks financial optimization.
See which services families are most likely to change — and which they’ll never give up.
Understand generational differences shaping how the wealthy live, work, and parent.
See how your spending, satisfaction, and priorities compare to your peers. Download the report here.
Local Stock Market | 📈
Owens Corning | $OC ( ▲ 1.84% )
Dana Incorporated | $DAN ( ▲ 1.91% )
The Andersons | $ANDE ( ▼ 0.16% )
Owens Illinois | $OI ( ▼ 1.45% )
Welltower Inc. | $WELL ( ▼ 0.96% )
Marathon Petroleum Corporation | $MPC ( ▼ 3.16% )
First Solar | $FSLR ( ▲ 3.7% )
⭐ Toledo Money Executive Spotlight: Annie Baymiller #Promoted
In an era when Fortune 500 companies shift their strategies as fast as markets do, Owens Corning has something increasingly rare: stability and sophistication at the top of its technology organization.
And it matters more than most people realize.
This month, Annie Baymiller was promoted to Executive Vice President and Chief Information Officer, a move that does more than update a title. It signals to investors, analysts, and the entire 419 business community that Owens Corning is placing major strategic moves on digital execution, cybersecurity strength, and leadership continuity.
A CIO whose track record matches the scale of the business
Baymiller’s tenure at Owens Corning spans nearly two decades, and she has quietly led some of the most complex initiatives a global manufacturer can undertake:
A $3.9B acquisition of Masonite requiring massive systems integration, cybersecurity oversight, data harmonization, and operational continuity across borders
A $755M divestiture of the Glass Reinforcements business a carve out that touched every corner of IT from identity separation to enterprise architecture
New multi-million square manufacturing facilities coming online with advanced automation, digital controls, and data rich plant architectures
A digital and analytics strategy that is now embedded in how Owens Corning runs everything from safety programs to supply chain to customer engagement
These are not peripheral projects. These are company defining bets, and Annie has been central to making them executable.
This is what modern enterprise leadership looks like
Owens Corning raised Annie to Executive Vice President because she has consistently shown the ability to:
Lead large multidisciplinary organizations through major operational change
Redesign processes and architectures to support global growth
Manage the risk envelope of acquisitions, divestitures, and new ventures
Build a stable trusted leadership team during a period of rapid transformation
Communicate clearly with the CEO, board, and Wall Street about technologys role in value creation
These are the traits of an enterprise executive who is not just supporting strategy. She is helping build it.
Why Wall Street cares more than ever
Investors pay attention to CIO stability now.
Why?
Because the modern CIO is directly accountable for:
AI Strategy
Cybersecurity posture
Operational resilience
Digital transformation ROI
Risk exposure in M&A
Data governance
Global scalability
If any of these falter, the stock price reacts and it reacts quickly.
Owens Corning is in the middle of its most transformative run in years. Having a seasoned CIO like Annie leading through it gives analysts confidence that the company can actually realize the value of its strategic moves.
A $3.9B acquisition sounds exciting. A $3.9B acquisition that integrates cleanly and produces synergy is what Wall Street rewards.
A $755M divestiture sounds simple. A $755M divestiture completed with no cybersecurity gaps, no data leakage, and no operational drag is what Wall Street expects.
That is the difference Annie makes.
Cybersecurity: the risk that never sleeps
In today’s landscape, cyber is not an IT problem. It is a business survivability problem.
Owens Corning’s footprint includes:
Nineteen thousand employees
Dozens of plants
Global supply chains
Complex operational technology environments
Critical infrastructure classification
One breach can halt production, disrupt logistics, damage trust, and trigger regulatory headaches.
Baymiller’s elevation to Executive Vice President underscores that cyber resilience is not just a technical priority but a boardroom priority, and she is the one accountable for keeping Owens Corning protected at a global scale.
The Toledo angle: world class leadership in our backyard
It is easy to forget that one of America’s most advanced industrial transformations is being orchestrated from right here in the 419.
Owens Corning is not just building insulation and roofing. It is becoming a digitally mature, acquisition capable, cyber resilient global manufacturer, and one of the key leaders steering that shift started her career and built her reputation right here in Toledo.
Final Word
When a company promotes an executive to Executive Vice President, it is more than a title. It is a power move.
And given the company’s recent moves the acquisitions, the divestitures, the supply chain reinvention, the automation investments that vote of confidence speaks volumes.
For investors, for employees, and for Toledo, it is a signal of stability, capability, and the kind of leadership that makes a global manufacturer future proof. As expressed in OC’s 2025 Investor Day.
A New Kind of Home Service is Quietly Emerging in NW Ohio
If you own a home, you know the drill. The furnace guy is coming “sometime between 8 and noon.” The gutter crew never shows up when they say they will. Your lawn service changes hands every year.
And when something actually breaks? Good luck finding someone who can come out this week.
For most people, the hardest part of homeownership isn’t paying the mortgage, it’s managing the never-ending list of vendors, appointments, quotes, follow-ups, and surprise repairs.
So when we heard about a new local service called Chief of Residence, we were intrigued.
The concept: A dedicated home manager who handles your entire house for you.
Think:
One point-of-contact
Text access
All recurring services scheduled
All one-off issues coordinated
Trusted contractors
It’s essentially a COO for your home.
The founders told us their idea came from a frustration most homeowners share but rarely articulate: renting is easy because everything flows through one management line, while owning means you’re suddenly the facilities manager of a small building.
And according to them, early adopters are already handing off things like: HVAC tune-ups, gutter cleanings, lawn care, snow removal, pest control, appliance repairs, seasonal prep, and “I don’t know who to call for this” emergencies
In return, they promise what homeowners want but almost never get:
predictable outcomes and premium oversight.
It’s a fascinating model — part concierge, part contractor-management, part peace of mind. And if it works, it could sit in the same category as pest control or lawn care: a regional business that becomes a household name.
The team is currently gauging interest from NW Ohio homeowners.
If you’re curious what a service like this might look like, they’ve put up a simple page here:
Currently they have 27 residences they manage, and are collecting emails from people interested in joining the ranks. They have capacity to bring on ~50 more homes.
Homeownership has always been a DIY job by default.
Maybe that’s about to change.
💼 The Advisor’s Desk
Welcome back to The Advisor’s Desk the corner of Toledo Money where Northwest Ohio’s pros hand over the practical, the tactical, and the “I wish I’d known that sooner” kind of wisdom. No jargon, no invoices, just straight talk from people who actually know what they’re doing.
Don’t worry,The Money Confessional will return soon with more financial tea. For now, pull up a chair for your weekly dose of expert insight… and maybe a reminder that preventative care isn’t just for your 401(k).
Meet This Week’s Expert:
Ryan Ambrosia — Owner of Ambrosia’s Automotive
Tech-savvy. Sharp. And the rare auto-shop owner who’s equal parts software brain and hands-on mechanic. After nearly 11 years in business, Ambrosia’s Automotive has become the go-to shop for foreign and European vehicles, officially voted “Best European Auto Repair” in the region. When Bill and I sat down with Ryan over coffee, he hit us with a line every car owner can relate to:
“I can’t believe how many people come in saying, ‘I went somewhere else, paid $1,200… and the problem still isn’t fixed.’”
Ryan simply doesn’t operate that way, if he charges you, it’s because the issue is actually resolved. No mystery invoices. No guessing. No surprises. Just Guarantees.
Here’s what Ryan wants you to know before winter hits:
1. Get a Winter Check-Up (Seriously, Do It)
Air filters, brakes, tires, battery, fluids… the basics. Nobody wants to be halfway down the turnpike to Grandma’s for Christmas when a bald tire decides it’s had enough of this earthly life. A cheap check-up beats an expensive tow every time. Ryan is giving 15% labor when you tell him we sent you. I personally plan to stop in and mention I sent me.
2. EV Owner? You Don’t Have to Drive to Ann Arbor
Tesla, Rivian, whatever you’ve got, Ambrosia’s can handle far more EV repairs than people realize. And if something requires a specialty shop? Ryan will tell you straight and point you in the right direction. No games.
3. Use His Online Booking Tool
Think of it as the online “pre-diagnosis” like filling out doctor’s office paperwork but without the waiting room and fluorescent lighting. It saves everyone time, including you. Schedule an appointment here and see for yourself. It is crazy how simple it is.
4. Consider a Membership
Ambrosia’s offers two service memberships: Preferred and VIP. they offer annual or monthly options. Checkout the details
It’s basically pre-paying for the maintenance you know you’ll need anyway, but cheaper. Think car wash membership, but for the stuff that keeps your wheels from falling off. I also like the idea of paying for something once and not having to think about it again.
Local Angle
Ryan is Toledo born and raised, the kind of founder who could’ve taken his skills anywhere, but chose to build something here.
Ambrosia’s Automotive is another reminder of why Northwest Ohio quietly punches above its weight: homegrown talent, real craftsmanship, and businesses that win by doing the right thing even when nobody’s watching.
If your car needs attention, or you want peace of mind before the roads turn icy, Ryan’s your guy.
And your car will thank you. Get in touch with Ambrosia’s
📞 419-214-0244 (can call or text)
💵 Money Snacks
Here are a few headlines we are snacking on
This is crazy:
2003 Median Salary: $42,409
2023 Median Salary: $54,132
A 27% Increase
2003: Median Home Price: $182,700
2023: Median Home Price: $454,900
A 148% Increase
Inflation is the silent killer.
The federal poverty line for a family of four is $32,150…a number set in 1965 based on a world where food was the biggest household expense. But finance strategist Michael Green went viral arguing the real line should be closer to $140,000, since today it’s housing, healthcare, childcare, and insurance that drain a family’s budget. His take sparked both praise and criticism, yet the tension is real: 10% of Americans fall below the official poverty line, but a Harris Poll found one-third of six-figure earners still feel financially stretched. With the median income for families with two or more kids at $109,300, it’s clear the definition of “getting by” in America hasn’t kept up with the cost of living.
Owens Corning, one of NW Ohio’s crown jewels, has seen its stock climb nearly 10% over the past month. One possible boost? Schroder Investment Management quietly added to its position, upping its stake by 0.8% to 503,251 shares. That’s about $69.2 million, or roughly 0.6% of the company. For context, institutional investors collectively hold a hefty 88.4% of Owens Corning’s stock.
Market Sentiment (419 Edition)
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📬 Forward Thinking
We’re not just building a newsletter—we’re building a clubhouse for ambitious professionals who care about Toledo’s economic future (and their own place in it).
If you know a colleague, peer, or friend who should be part of this circle, pass this along. The more sharp minds we bring to the table, the stronger our region grows.