Posts in Category: Ace Hardware

True Value Appoints New Executives, Including Kenneth Goodgame

True Value has announced the restructuring of its logistics, supply chain, and global distribution system. This move has seen the company introduce new executives to its management team. The strategy is in line with the company’s goals of expanding its customer base, attracting new retail operators, and increasing its profitability. This situation is aimed at growing the number of stores under the Destination True value format. Learn more about Kenneth Goodgame:

The new appointments have seen Abhinav Shukla join the corporation as its senior vice president and chief operating officer. Shukla has many years of experience in the business field. Previously, he worked as a business consultant. He advised companies on how to improve their financial and operational performances. Various firms have enlisted the services of the executive to enhance their global supply chains.

The second executive is Tim Mills. Kenneth is experienced in operation, sales, and strategic developments of business. Mills will serve as the senior vice president for growth.

The company has recruited the services of Ken Goodgame. He will serve as the senior vice president and chief merchandising officer. Ken will be replacing Mike Clark, who is retiring. Previously, the merchandising expert worked for Ace Hardware as the general merchandising manager. Speaking after the appointments were made, John Hartmann said that the company is now focusing on the viability of its retailers.

Kenneth Goodgame has had a successful career. At Ace Hardware, he managed to generate over $3.2 billion in global purchasing. This success was accompanied by a gross margin improvement of 400 basis points in 2012. Despite the economic slowdown of 2008, Goodgame managed to oversee an annual growth in top-line sales of up to 4.5 percent.

Before joining Ace Hardware, the merchandising expert worked for Techtronic Industries North America as the president of Baja Motorsports and Direct Tools Factory Outlets. His appointment resulted in an instant growth in sales by over $9 million. His two-year stint at the firm saw him expand the company’s outreach by opening 30 new stores across the United States.

These stores averaged $1 million in sales. Kenneth Goodgame has also worked for Newell Rubbermaid and The Home Depot. He is an alumnus of the renowned University of Tennessee where he pursued his Bachelor’s degree in Marketing.