CEO resigns at HDW
Kenny Beauvais leaves Texas-based Hardware Distribution Warehouses Inc.
Marshall, Texas-based HDW Inc. President and CEO Kenny Beauvais is leaving the company.
The move was confirmed by the company and comes more than a year after it combined the operations of its distribution centers in Shreveport, La., and Houston, Texas into a single facility in Marshall, Texas, where it set up its headquarters.
HDW took on the Houston facility when it acquired the distributor formerly known as Handy Hardware in 2016.
HDW also operates a distribution center in Greenwood, Mississippi.
In a press release from September, Beauvais pointed to strong sales at the company’s Fall Market, which benefited from 60 new dealer attendees.
According to Jimmy Horne, VP of corporate communications, a decision on who will become the new CEO has not been made yet. HDW, which stands for Hardware Distribution Warehouses, plans to provide more information shortly.
HDW is a product of multiple mergers in the hardware distribution industry. It was formed in 1994 with the combination of three companies: South States, Inc. of Shreveport, La.; Henderson & Baird Company, Greenwood, Miss.; and Higginbotham-Pearlstone Hardware Company, Dallas, Texas. That combined entity took on the name of “South States,” and later changed to HDW.
The company’s web site says the distributor today serves more than 2,000 lumberyards hardware stores and other retailers in 11 southern states.
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