Home Hardware Announces Retirement and New Appointment to Leadership Team

Home Hardware Stores Limited (“Home Hardware” or the “Company”) has announced the retirement of Joel Marks, Vice-President, Merchandise Hardlines. Marks’ leadership and support at Home Hardware over the past 21 years has helped the retailer remain a significant player in the home improvement industry.

“Joel has played a key role on our Leadership Team since his appointment to Vice-President in 2015, bringing almost 39 years of experience in home improvement retailing.” said Kevin Macnab, President and CEO, Home Hardware Stores Limited. “I would like to thank Joel for his tremendous contributions to Home Hardware over a long and impressive career.”

“It has been an honour and a privilege to serve our Dealer-Owners over my career at Home Hardware,” said Joel Marks, Vice-President, Merchandise Hardlines. “The Home Team has been like family and it has been an honor to contribute to the tremendous growth of such a special company.”

As a result of the change, Home Hardware is pleased to announce the appointment of Marianne Thompson as Senior Vice-President, Merchandise effective June 15, 2020. In Marianne’s expanded role she will oversee the entire Merchandise team as Home Hardware continues to strategically review and advance its position towards an integrated retailer.

“Our number one priority is providing our Dealers with the best program for independents in the industry,” said Kevin Macnab, President and CEO, Home Hardware Stores Limited. “Marianne has over 30 years of experience in the home improvement industry, her leadership and strategic acumen have been an excellent addition to our Leadership Team, significantly raising our merchandise and LBM expertise.”

“Home Hardware has significant opportunity for growth in both the LBM and hardlines categories.” said Marianne Thompson. “I will continue to work closely with Kevin, the Leadership Team and Home Hardware’s Dealer-Owners to continue to develop the strategic growth plans to support being Canada’s most trusted and preferred home improvement retail brand.”

The process to identify a new Vice-President, Merchandise Hardlines is underway. Joel is working with Marianne to ensure the company is well positioned for a seamless transition following his retirement on Friday, June 12th.

About Home Hardware Stores Limited

Home Hardware Stores Limited is Canada’s largest Dealer-owned hardware, lumber, building materials, and furniture home improvement retailer with over 1,000 stores under the Home Hardware, Home Building Centre, Home Hardware Building Centre and Home Furniture banners. Founded in 1964 in rural St. Jacobs, Ontario, Home Hardware remains 100% Canadian owned and operated. Through the Home Hardware network, Dealer-Owners have extensive distribution and marketing capabilities as well as access to thousands of quality, brand name and private label products. 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.

Contact:

Carly Bird – Public Relations Coordinator – carly.byrd@homehardware.ca – (519) 664-2252 ext. 6676

Source: Home Hardware Stores Ltd.