True Value Co. senior VP and chief merchandising officer Mike Clark will retire from the co-op after serving in an advisory role through the end of the year.
Clark's post will be filled by former Ace Hardware executive Ken Goodgame, the co-op announced Tuesday.
Clark joined True Value in 2008, and led the charge in building a world-class merchandising organization. His career spans nearly 40 years, with senior executive merchandising roles at both Orchard Supply Hardware and Sears. Clark will embark on a well-earned retirement in California and on the water with his wife, Connie.
“As I reflect on five fulfilling years at True Value, I would like to thank an amazing merchandising team, our dedicated True Value associates and the supportive group of vendors, who are focused on the growth and success of our retailers, and the co-op.” said Mike Clark.
Clark signaled his plans earlier this year to retire, however, stayed on with the co-op to help with the transition of a new president and CEO.
“I’d like to recognize and thank Mike for his commitment to the co-op,” said John Hartmann, president and CEO. “He delayed his retirement for us, and we greatly appreciate it. Mike leaves us in a strong position with a talented team, expanded, relevant and competitively priced assortments, and a terrific merchandising program.”