True Value announced today that John Bonnot and Alex Ogle, division vps-merchandising, have elected to leave the company and pursue new positions in the retail industry.
“We thank both John and Alex for their service and wish them the best, both personally and professionally, as they embark on the next phase of their careers,” said Lyle Heidemann, president and CEO of True Value. “Alex and John served our store owners exceedingly well during their tenure with the co-op. Both are returning home to their families on the East and West Coasts, respectively.”
These departures come just as former Orchard Supply Hardware and Sears executive Mike Clark prepares to take over as head of True Value’s merchandising team. Clark officially takes the title of senior vp and chief merchandising officer May 19, bringing 35 years of merchandising experience to the Chicago-based co-op.
“True Value Co. is proud to welcome Mike to the cooperative,” said Heidemann. “A proven, seasoned merchandising expert and corporate leader, he will be invaluable as we continue our strong focus on the retail growth and success of our members.”