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Havertys promotes four execs to VP roles
Atlanta – Havertys has promoted four executives to VP positions. Richard Gallagher was promoted to executive VP merchandising; Bonnie Berry was promoted to VP HR; Greg Johnson was promoted to VP distribution; and Jim Presmanes was promoted to VP risk management and insurance.
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Ace strong in first quarter
Ace Hardware president and CEO John Venhuizen called the company’s first quarter the "best for both revenues and net income in its 90-year history," thanks to strong performance in its core categories.
The co-op reported total revenues of $1.1 billion for the first quarter, up 16.8% from the same quarter last year. Net income was $24.4 million, up from $4.4 million in the year-ago quarter.