Mr. Ruggles joined the Board of Progress Bank in 2012. He is the CEO and third-generation owner of MSCO, Inc., the parent company for Martin Industrial Supply, Martin Plant Services, Martin Fastening Solutions, Martin Safety Solutions, Townsend Door Hardware and Townsend Systems. MSCO, Inc., headquartered in the Shoals area and formerly known as Martin Supply, has grown into a multi-state industrial supply company. Mr. Ruggles graduated from the University of Alabama with a degree in Public Relations and Business in 1985. In 2005, he completed the Owner/President Management Program offered by Harvard Business School Executive Education. He is a member of the First Presbyterian Church and is actively involved with the Shoals Economic Development Authority, the Shoals Entrepreneurial Center, Special Olympics of the Shoals, United Way and the University of Alabama President’s Cabinet.