OAK BROOK, Ill. (June 9, 2008) – Local Washington, D.C. resident Gina Schaefer was elected to Ace Hardware Corporation’s board of directors during the retailer-owned cooperative’s annual shareholders meeting held on June 3 at its Oak Brook, Ill. headquarters.
Schaefer, 37, was elected to her first three-year term. Along with husband Marc Friedman, she owns and manages Logan Hardware, the parent store of a five-store Ace Hardware chain in the Washington, D.C. and Baltimore areas. Schaefer won numerous business and entrepreneur awards, is heavily involved in community activities and is active in several Ace organizations including the Progressive Ace Leaders.
A total of 12 individuals, including 10 retailers and two outside directors, comprise Ace’s board of directors, which sets strategic policy and direction for Ace management.
“We are extremely excited to welcome Gina to our board of directors,” said David Ziegler, Ace retailer and newly-appointed chairman of the board. “Her dedication to her stores and her commitment to the community is a rare combination that complements Ace’s business model. We look forward to her contributions in helping Ace achieve its long-term goals.”
She holds a Bachelor of Arts degree from Wittenberg University in Springfield, Ohio.
About Ace Hardware
Throughout its 84-year history, Ace Hardware has been known as the helpful hardware store by both customers and communities. With 4,600 hardware, home center and building materials stores that generate annual retail sales of more than $12 billion, Ace Hardware is the largest retailer-owned hardware cooperative in the industry. Headquartered in Oak Brook, Ill., Ace currently operates 14 distribution centers in the U.S. and its retailers’ stores are located in all 50 states and 60 countries. More information about Ace can be found at www.acehardware.com.
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