Business
Tractor Supply Company Announces CEO Succession Plan; Names Hal Lawton President and Chief Executive Officer, Effective January 13, 2020
Lawton Brings Leadership Experience Across Retail with Strong Digital ExpertiseGreg Sandfort Will Remain as Advisor and on the Board of Directors to Support
About this update from Tractor Supply Company
[{"type":"text","content":"Lawton Brings Leadership Experience Across Retail with Strong Digital ExpertiseGreg Sandfort Will Remain as Advisor and on the Board of Directors to Support Transition BRENTWOOD, Tenn., Dec. 05, 2019 (GLOBE NEWSWIRE) -- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that its Board of Directors has named Hal Lawton as its President, Chief Executive Officer and a member of the Board of Directors, effective January 13, 2020. Lawton, who is currently President of Macy’s, will succeed Tractor Supply’s Chief Executive Officer Greg Sandfort, who previously announced his intent to retire. \n\n \n \n \n \n \n \n \n \n \n \n \n Tractor Supply Company has named Hal Lawton as its President, Chief Executive Officer and a member of the Board of Directors, effective January 13, 2020.\n \n \n \n \n \n \n \n \n\n “After conducting a robust search process, the Board is convinced Hal Lawton is the right CEO to build on Tractor Supply’s success and lead the next stage of the Company’s growth,” said Cynthia Jamison, Tractor Supply’s Chairman of the Board. “Hal is a proven leader with a unique omnichannel experience to deliver on our customer’s evolving expectations as we look to the future of retail. With a strong track record of results across different companies, responsibilities and cultures, Hal has a broad base of experience in retail with a proven ability to drive innovative growth strategies. The Board is delighted to welcome Hal to the role and believes he is the right person to extend the remarkable track record of success under Greg’s leadership.” “I am extremely excited and honored to join Tractor Supply as I have long admired the Company for its strong brand and focus on serving the Out Here lifestyle,” Lawton said. “Greg and the team have built a tremendous company culture, and I look forward to an exciting future and continuing to drive growth and shareholder value.” Commenting on Greg Sandfort’s retirement, Jamison stated, “The Board is immensely grateful to Greg for his outstanding leadership. His contributions have been innumerable. Throughout his 41-year career in retail, including 12 years at Tractor Supply, Greg has served with a level of distinction reserved only for the very best. Looking ahead, we are pleased Greg will work closely with Hal to ensure a smooth t...