– USA, IL – Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, today announced the elections of David Cripe and Eric Lauterbach to its Board of Directors, at the AGM on on May 16th.
“I am pleased to welcome both Eric Lauterbach and David Cripe to the Ace Hardware Board of Directors. Eric brings a wealth of diverse business knowledge with his Consumer-Packaged Goods and eCommerce experience that will serve us well as we continue to invest in our online capabilities and presence. As a fifth-generation owner and operator of 13 Ace Hardware stores, as well as leading one of Ace’s largest retailer store groups, David brings a wealth of operational experience and proven best practices that results in consistent growth.” said Board Chairman, Brett Stephenson.
About Eric Lauterbach
Eric Lauterbach is the President of Peet’s Coffee, a premium coffee roaster comprised of Retail Coffee Shops and eCommerce and Consumer-Packaged Goods business channels. As President, Mr. Lauterbach is responsible for all company operations of the $1B+, 5,000-person company. Mr. Lauterbach began his career over 25 years ago at Procter & Gamble, where he progressed through a succession of field sales roles and headquarters assignments before moving into the .com world of startups and back to Clorox in sales leadership roles for the flagship brand.
He holds a Bachelor of Arts in Political Science from UC Santa Barbara and an MBA from Pepperdine University.
About David Cripe
David Cripe is Vice President of Whitmore Investments, Inc., a 13-store Ace Hardware chain in Wilmington, Illinois, and the surrounding communities. Whitmore Hardware was established in 1896 in Wilmington, Illinois, affiliated with Ace in 1975, and is now a fifth-generation, family-owned and operated Ace Hardware store. Mr. Cripe has worked for Whitmore Ace Hardware since 2002 and has been an owner since 2013.
He holds a Bachelor of Science in Business Management from Bradley University in Peoria, Illinois.
About Ace Hardware
Ace Hardware is the largest retailer-owned hardware cooperative in the world with over 5,700 locally owned and operated hardware stores in approximately 60 countries. Headquartered in Oak Brook, Ill., Ace and its subsidiaries use an expansive network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; and Santa Catarina, Mexico. Since 1924, Ace has become a part of local communities worldwide and is known as the place with helpful hardware folks.
For more information: https://www.acehardware.com/
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