May 26, 2011

Members of the Houston-based Handy Hardware co-op received an e-mail message Thursday afternoon from Kenneth White, a partner at consulting firm Tatum, announcing that White will assume the post of CEO.

Several weeks ago, Handy's board of directors hired Tatum to "assess the critical operating, financial and IT related issues currently facing Handy Hardware," according to Thursday's letter. The board voted to accept Tatum's action plan.