In his role as President and Chief Executive Officer, Davis will
continue to report to the Board of Directors and be accountable for the
control of the business and of the general conduct and affairs of Home
Hardware Stores Limited and its wholly-owned subsidiaries. He remains
responsible for the sound financial control and long-term health of the
company. "This announcement is a result of a planned and considered
process carried out by our Board of Directors," said Christine Hand,
Chairman of the Board for Home Hardware Stores Limited.
"I am honoured by the confidence demonstrated in me by the Board and
proud to carry on the leadership of President that was carried by Paul
Straus," said Davis. "Paul was a visionary who helped build over 50
years of Home Hardware's history, growing the Dealer-owned network from
122 stores when the company was formed in 1964 to nearly 1,100 today."
Davis joined Home Hardware more than four decades ago in a junior
warehouse position in the Distribution Centre in St. Jacobs, Ontario. In
the interim years, he has held increasingly responsible managerial and
executive positions accountable for Dealer Support and Dealer
Development, Marketing, Information Technology, Dealer Finance and Legal
Services, Administration and Strategic Planning. In 2010 he was
appointed Executive Vice-President and Chief Operating Officer and
became Chief Executive Officer in 2014.
About Home Hardware Stores LimitedHome Hardware
Stores Limited is Canada's largest Dealer-owned hardware, lumber,
building materials, and furniture home improvement retailer with close
to 1,100 stores under the Home Hardware, Home Building Centre, Home
Hardware Building Centre and Home Furniture banners with annual retail
sales of over $6 billion. Founded in 1964 in rural St. Jacobs, Ontario,
Home Hardware remains 100% Canadian owned and operated. Through the Home
Hardware network, Dealer-Owners have access to 100,000 quality, brand
name and private label products, a state-of-the-art distribution system
and extensive marketing and training programs. Offering a mix of
tradition and innovation, Home Hardware Stores Limited has received
designation as one of Canada's Best Brands and Best Managed Companies
and is committed to helping Canadians with all of their project needs.
More information about the company is available at homehardware.ca.
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For more information, please contactJessica Kuepfer, Public Relations Manager, Home Hardware Stores Limited at 519-664-4612 or firstname.lastname@example.org
Carly Verhoeven, Public Relations Coordinator, Home Hardware Stores Limited at 519-664-2252 x6676 or email@example.com