True Value Names Senior Vice President & CFO

by Katie Lee

Chicago — True Value Company, one of the world’s largest hardware cooperatives, has named Deborah O’Connor as its new senior vice president and chief financial officer, succeeding current CFO David Shadduck who left True Value effective April 30, 2015, after nearly 14 years.

“We are grateful to Dave for his many contributions to True Value and wish him the best in his future endeavors,” says John Hartmann, president and CEO. “We are excited to have Deb O’Connor join True Value. Her financial expertise and deep experience in retail make her the right choice for our next CFO. We’ll benefit from her experience in the development of long term growth plans as well as her skill in budgeting and forecasting within fast-paced retail environments.”

O’Connor comes to True Value with a wealth of retail experience having worked in various finance roles over the last 25 years. Most recently, O’Connor spent 7 years at OfficeMax, where she was the senior vice president of integration and finance playing a critical role in the OfficeMax/Office Depot merger. Since 2008, she has held a number of finance leadership roles, including interim CFO and senior vice president and chief accounting officer.

Chicago-based True Value Company is one of the world’s largest retailer-owned wholesale hardware cooperatives that includes approximately 4,500 independent retailer locations worldwide operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply.

For more information, visit www.truevaluecompany.com.

SOURCE: True Value Company

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