Personnel Update:
Aaron’s has appointed Robert W. Kamerschen as the company’s new Senior VP and General Counsel.
BlueLinx Holdings has announced that George R. Judd no longer serves as President and CEO. Judd also resigned as a director of BlueLinx following the 2013 Annual Meeting of Stockholders on May 16. The board has appointed Howard S. Cohen to serve as Executive Chairman, while the board conducts a search for a successor to Judd.
Friedman’s Home Improvement promoted Barry Friedman to the position of CEO and President. .He succeeds Bill Friedman who will remain Chairman of the Board and will continue to focus on the long-term strategic vision of Friedman’s Home Improvement and oversee the board of directors.
The International Housewares Association (IHA) has named Nancy Michael as Senior Manager, Business Development.
Lumber Liquidators announced the appointment of Sandra C. Whitehouse as Senior VP, Chief Human Resources Officer,
Orchard Supply Hardware announced that William Crowley, chairman of the board of directors, resigned as a Class A Director of the company.
The Parr Lumber Co. board of directors has appointed James Boyer President of the company and its subsidiaries. David Hamill, current Parr CEO.will remain as the CEO through 2013, while assisting in the transition of Boyer and developing business strategies. Hamill will continue to serve The Parr Co. as a member of the board of directors.
The Parr Lumber Co. announced that after the recent appointment of Jim Boyer as the new president of the company, Mike Howell was promoted to fill Boyer’s previous position as the Director of Operations.
Restoration Hardware Holdings has appointed former Williams-Sonoma brand president Richard Harvey as the company’s CMO for RH Kitchen and Tableware.
True Value President and CEO Lyle Heidemann has retired. John Hartmann has been appointed as the company’s new President and CEO. Heidemann will continue to serve True Value through the end of 2013 as an adviser.
Industry Insight:
HD Supply Holdings, the indirect parent of HD Supply, announced that it will launch an initial public offering of 53,191,489 shares of common stock.
The company hopes to raise $1.3 billion in its initial public offering, funds used to pay debt, transaction fees and other expenses. Shares of HDS are expected to become available through NASDAQ June 26.
Tractor Supply Co. reported that the company expects to open 100 to 105 new store openings in 2013, as well as to support construction of a southeast DC opening later this year and a new store support center slated to open in 2014.
