True Value Company names former Office Max exec as CFO

Chicago -- True Value Company, one of the world’s largest hardware cooperatives, announced that Deborah O’Connor will join the company as senior VP and CFO, succeeding current CFO David Shadduck who left True Value effective April 30.



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 seven years at OfficeMax, where she was the senior VP 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 VP and chief accounting officer.



Shadduck, who was with True Value for nearly 14 years, was instrumental in guiding the cooperative during significant periods of challenge when he first joined the company in 2001 and later helping to navigate the organization through the greatest economic downturn. Most recently, he played a critical role in restructuring the cooperative’s financing helping to position the company for the execution of the strategic plan.