True Value, a hardware store retailer has announced that John Hartmann will step down in May, however will remain a board member. Hartman will be succeeded as chief executive by True Value’s chief commercial officer, Chris Kempa, who joined the company in December 2019.
“Over the last seven years, John’s [Hartmann] leadership has shaped the company, including the last two with us, where he was the visionary behind the transaction unlocking over $250 million of retailers’ equity, he was the leading advocate of investments the company has made in supply chain, technology, as well as a number of merchandising and marketing initiatives, to better serve True Value’s customers. As the company moves into this next phase of growth, we have a deep leadership bench, with Chris and Deb at the helm, to continue the important investments being made to support the growth and profitability of our retailers.” – Aron Schwartz, Chairman. True Value Company.
