Content about President and CEO

November 21, 2014

The National Retail Federation is calling for comprehensive immigration reform more comprehensive than that being offered by President Obama.

November 19, 2014

True Value’s boss went undercover, and the cameras were rolling.

True Value Company president and CEO John Hartmann will appear in the season six premiere of "Undercover Boss" airing on Dec. 14 on CBS.

November 13, 2014

KB Home named Jon Adler to the role of president, D.C. Metro division. He joins the company from McLean, Virginia-based The Georgelas Group, where he was a partner and creator of Bryton Homes, of which he served as president and CEO.

“We are thrilled to welcome Jon Adler to the KB Home team,” said Vince DePorre, regional president for KB Home. “With his deep knowledge of local market dynamics and wealth of experience in the homebuilding industry, we believe Jon will be a great asset to KB Home as we look to grow our presence in this region.”

November 12, 2014

Describing its third-quarter performance as record-breaking, Oak Brook, Illinois-based Ace Hardware Corp. reported total revenues of $1.13 billion for the third quarter of 2014, an increase of 9.1%, from the third quarter of 2013.

Net income was $37.3 million for the third quarter of 2014, up 8.4%.

November 12, 2014

Rayonier's director, Atlantic Region, U.S. Forest Resources Douglas Long has been promoted to the newly created position of VP U.S. operations, effective immediately.

November 5, 2014

Masonite International Corporation reported strong results in the third quarter of fiscal 2014, results the company attributed to meaningful progress in price and volumes.

October 31, 2014

St. Louis-based distributor Huttig Building Products was lifted by modest improvement in home construction in the third quarter.

The company posted nets sales of $174.5 million in the quarter, a 14% improvement over the same quarter last year.

October 31, 2014

San Diego -- The National Lumber and Building Material Dealers Association's board of directors appointed Jonathan Paine as the new president and CEO of the organization at its annual meeting on Oct. 28 at the ProDealer Industry Summit here.

Paine has been serving as the association's executive VP since 2012 and replaces outgoing president Michael O'Brien, who is assuming other responsibilities with NLBMDA's management firm, SmithBucklin.

October 28, 2014

Masco Corporation received a 4% boost in sales in the third quarter, which it largely attributes to activity in its Plumbing Products, Other Specialty and Installation, and Other Services segments.

October 28, 2014

In the next leg of its Western expansion initiative, Tractor Supply Company is opening up its first store in Utah.

"Utah represents the 49th state of operation for Tractor Supply and we believe this new market will be a great addition to our expanding store base," said Greg Sandfort, president and CEO. "We remain pleased with the performance of our western stores and are confident in our ability to continue to strategically grow in this region."

October 22, 2014

Building products distributor ABC Supply Co. promoted 20 branch managers from around the country to managing partner. 

This move gives these managers a more prominent leadership role within the company. 

“These 20 managers have demonstrated outstanding leadership skills and a strong commitment to their teams, customers and communities. We are delighted to recognize them,” said Keith Rozolis, ABC Supply’s president and CEO. 

October 22, 2014

For Tractor Supply Company, the third quarter was business as usual, which meant double-digit sales gains for the leading farm-and-ranch retail chain.

Additionally, the company is raising its fiscal 2014 outlook to the high ends of the existing ranges of $5.62 billion to $5.70 billion in net sales, as well as $2.54 to $2.62 in diluted earnings per share.

October 17, 2014

Mooresville, North Carolina-based Amerock Hardware, a manufacturer of cabinet hardware, has a new president and CEO in Michael Marchi.

“I’m excited for this new position," said Marchi. "Amerock has a great brand, with a proud legacy. That’s one of the reasons I came here. The attraction for me was Amerock’s history and its even brighter future. The strength of brand, market position and product portfolio all backed by a solid reputation; that makes for tremendous opportunity.”

October 17, 2014

Eagle Materials has agreed to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC, a supplier of northern-white frac-sand to the energy industry.

The acquisition, which comes at a cash purchase price of approximately $225 million, will add to Eagle's existing stake in the frac-sand market and double its frac-sand production capacity.

October 17, 2014

According to WD-40 Company president and CEO Garry Ridge, the fourth quarter of 2014 had its ups and downs. However, it marked the best quarter in history for the company in terms of revenue.

"We had a good quarter and a good year and are pleased we have been able to maintain sustainable growth across our core business globally," said Ridge. "While we saw both positive and negative impacts from changes in foreign currency exchange rates, we had local currency growth across key markets and the fourth quarter was our highest revenue quarter in history."

October 15, 2014

Beacon Roofing Supply has brought Christopher Harrison on board as EVP and chief human resources officer.

“I am very excited about Chris joining the Beacon team," said president and CEO Paul Isabella. "I am confident that his strength and experience will be a benefit for Beacon as we drive continuous improvement and growth through our entire organization. He will be a great addition to Beacon's senior management team.”

October 12, 2014

 

Denver – True Value unveiled big plans for its advertising in 2015. In President and CEO John Hartmann's words, "the changes will be transformational, and I mean like we haven't advertised in over a decade."

Hartmann left it up to SVP & Chief Customer Officer Blake Fohl and SVP & Chief Merchandise Officer Ken Goodgame to deliver the news of an expanded national TV branding campaign. They described a national television program with ten times more spend in 2015. 

October 11, 2014

Denver -- During the True Value General Session here, with the co-op presenting details of its much-anticipated strategic plan, president and CEO John Hartmann painted a picture of the company building on the principles of “engagement,” “growth” and “efficiency.”

October 8, 2014

Lumber and building material buying cooperatives PAL and ENAP announced they have signed a non-binding Letter of Intent to merge. The companies enjoy strong dealer support in the Midwest and East markets, respectively.

October 3, 2014

D.R. Horton, Inc.'s vice chairman, president and CEO Donald Tomnitz has officially retired, having been succeeded by David Auld on Oct. 1.

Auld was previously serving as EVP and COO and has now taken on the formal title of president and CEO. He has been with the company since 1988, initially joining the team as division president, Orlando. He was promoted to region president for Florida and the Carolinas in 2005, and he was tapped to serve in his most recent role last November.

October 2, 2014

Beacon Roofing Supply has acquired Portland, Maine-based Applicators Sales & Service, a distributor of residential roofing, siding and windows.

“Applicators has an over 50-year history of superior customer service in Maine and New Hampshire and will further strengthen Beacon’s presence in northern New England," said Beacon president and CEO Paul Isabella. "The Koocher and Robinov families have built a great team and I am thrilled to welcome Applicators to Beacon.”

September 30, 2014

After announcing its decision in March to move its Manhattan headquarters to Wayne, New Jersey, Haier America has officially opened the doors at its new 56,000-sq.-ft. facility.

"Haier America is committed to become a brand-name presence in the U.S. and as we realize new growth and our repositioning in this market, the new headquarters will allow us to accommodate that expansion," said president and CEO Adrian Micu.

September 30, 2014

Masco Corporation announced some cost-cutting measures on Tuesday, not the least of which included the spinoff of its installation unit.

September 30, 2014

US LBM Holdings has expanded its growing network of pro dealers with the addition of Grand Rapids, Michigan-based Standard Companies, Inc.

"Standard is a great addition to the US LBM team, expanding our presence and capabilities in the Western Michigan market," said US LBM president and CEO L.T. Gibson. "Standard's dedicated and knowledgeable team of associates have succeeded by providing a local feel and focus to their customer needs, which aligns perfectly with the goals of US LBM. We look forward to continuing and expanding upon their success."

September 25, 2014

KB Home president and CEO Jeffrey Mezger had good things to say about the company's third-quarter earnings report, which demonstrated a 7% uptick in revenues.

“Our business continues to perform well, reflecting the actions we have taken to position our operations for success,” said Mezger. “We are clearly seeing the impact of strategies that we have implemented over the past few years."