Content about CEO

June 19, 2013

Federal efficiency regulations have spurred change in the light bulb industry, and that is good news for hardware dealers whose expertise can set them apart and help grow market share.

June 6, 2013

Toano, Va.-based Lumber Liquidators, the nation's largest specialty retailer of hardwood flooring, appointed Sandra C. Whitehouse as senior VP and chief human resources officer.   

Whitehouse, who is expected to begin her new role later this month, will oversee the development and operation of the company's human resources functions, and will report directly to CEO Robert Lynch.   

June 4, 2013

Three Scotts Miracle-Gro board members resigned following the delivery of a unanimously supported reprimand of CEO Jim Hagedorn that stemmed from the use of inappropriate language. 

Hagedorn apologized in a statement.

June 4, 2013

Friedman’s Home Improvement promoted Barry Friedman, 34, to the position of CEO and president. 

Friedman, who has climbed the company’s ranks for 10 years most recently as VP operations, will take over as CEO, effective immediately. He represents the third-generation of Friedmans to run the family business.   

June 3, 2013

Deere & Company has elected Cargill CEO Gregory R. Page to its board of directors. Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. 

Based in Minneapolis, the privately held company employs about 140,000 people in 65 countries and has annual sales of more than $130 billion.

May 29, 2013

Indianapolis -- Bob Taylor has a good memory for weather conditions.

Back in March, the Do it Best Corp. CEO flew out of Fort Wayne, Ind., with the thermometer reading 14 degrees. On exactly the same day the year before, traveling to the same business event, the temperature was a balmy 83 degrees.

May 28, 2013

Ray Griffith, recently retired CEO of Ace Hardware, enters the Home Channel Hall of Fame during the Golden Hammer Awards ceremony in Las Vegas.

May 23, 2013

Oak Brook, Ill.-based Ace Hardware reported first-quarter revenues of $923.2 million, up 1.7% from the same quarter in 2012.

Net income of $4.4 million was down from $10.2 million earned in 2012.

May 17, 2013

Menashe, Israel-based Caesarstone Sdot-Yam, manufacturer of engineered quartz surfaces, announced that it has entered into an agreement with IKEA US as the exclusive non-laminate countertop vendor. 

Caesarstone will source, finish and distribute countertop products, including mainly Caesarstone quartz surfaces as well as other materials. 

May 15, 2013

Chicago-based True Value Co. reported first-quarter gross billings of $443.3 million, down 0.9% from the same quarter last year.

A nearly non-existent spring in many parts of the country hurt sales. The company also explained gross billings were affected by a decline in lumber and building material vendor direct-ship sales.

"While winter-related product sales exceeded the prior year, the general lack of spring weather this March versus last year was too much to overcome," said Lyle Heidemann, president ad CEO. 

May 13, 2013

Peabody, Mass.-based Beacon Roofing Supply posted a second-quarter net loss of $0.2 million, compared with net income of $3.1 million in the same quarter last year.

Sales increased 5.3% to $416.3 million in the quarter.

CEO Paul Isabella described the second quarter as "challenging."

He added: "We experienced harsh weather conditions in many of our markets, and we were up against a very strong second quarter last year when our existing market sales were up 28%." 

May 8, 2013

Ray Griffith, Rocky’s and Builders received Golden Hammer awards at a ceremony event in Las Vegas Wednesday morning.

May 6, 2013

Everybody loves a winner. And there will be plenty on hand for the 29th annual Golden Hammer Awards in Las Vegas May 8.

The breakfast ceremony will honor the best-of-the-best in home improvement, by revealing the Golden Hammer Vendor Award winners in 30 categories

May 6, 2013

The CEO cites “significant progress,” but the net loss for the full year swelled to $118 million, compared with a loss of $14 million in the prior year.

May 3, 2013

The company has announced plans to sell its “Hardware and Teach Platform” businesses.

May 3, 2013

The first-quarter performance was “the best quarterly income performance in the company’s history,” said CEO Ronald Kaplan.

April 30, 2013

CEO Rick Holley: "We’re encouraged by what we’re experiencing in our markets and the trends we are seeing in residential construction."

April 26, 2013

The Dallas-based pro dealer reported sales of $319.7 million for the first quarter ended March 31, up 45.7%

April 26, 2013

In an interview on CBS 3 in Massachusetts, Rocco Falcone credited employers for the retailers Retailer of the Year award.

April 26, 2013

The paint giant's board of directors elected Shane Fleming, CEO of Cytec Industries, to serve as a director.

April 25, 2013

New Britain, Conn.-based Stanley Black & Decker saw revenues grow, largely as the result of acquisitions.

April 22, 2013

Frontline Products is looking to expand its dollar segment wares at the National Hardware Show.

April 15, 2013

John Hartmann has been appointed as the company’s new president and CEO, following the retirement of Heidemann, effective May 31

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