Frank Carroll, Ace's VP of merchandising, will be leaving the company to take on the role of CEO for Broan-NuTone.
The move was announced this morning in an email to Ace vendors and supplier partners.
Until a replacement is found for the departing Carroll, EVP of merchandising John Surane will handle the additional responsibilities.
Addressing the vendor community in a goodbye letter, Carroll offered thanks for their passionate support of the co-op. "Personally and professionally, I am grateful to have had the opportunity to work with so many of your world-class companies," he wrote.
The search for his replacement is underway.
"Frank’s leadership of the Merchandising team and passion for the business will be missed," said Surane. "While it’s always painful to lose a strong player and a friend at work, we wish Frank the best of luck in his new role."
Carroll's new job will be to lead Broan-NuTone LLC, North America’s largest producer of residential ventilation and air quality products. Among them are range hoods, ventilation fans and air exchangers. The company also sells door chimes, central vacuum systems, intercom systems, built-in electric heaters, fresh air systems, attic ventilators, ironing centers and home automation products.
Broan-NuTone headquarters are in Hartford, Wisconsin.