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Following bankruptcy court approval of investment firm Littlejohn & Co.’s acquisition of Handy Hardware, the wholesale distributor named former Jensen Distribution president Doug Miller as Handy’s interim CEO.
Miller worked at Jensen Distribution Services for 45 years before retiring at the end of 2012. Starting in the warehouse at Jensen-Byrd, he worked his way up to become the first non-family member to run the business.
This year he began working as a business coach and consultant for small- to medium-size distributors, focusing on strategic planning, operations, profitability and personnel development.
With Miller in place as Handy Hardware’s interim CEO, the company plans to “continue to do the basics right,” by providing high fill rates, on-time delivery and competitive pricing to customers while having the right product assortments and retail pricing available to its dealers.
“With the additional financial and operating resources of Littlejohn, our future outlook is bright, and we look forward to driving service level improvements and delivering value to our customers and vendors through distribution excellence,” Miller said.
Miller will act as CEO until a more permanent replacement is named. The company currently has no timeline set for that announcement, Miller said.
