James P. Waters began his rein as CEO of Cincinnati-based The Hillman Group this week. He replaces Max "Mick" Hillman, who retired as CEO after 44 years with the company.
Hillman will retain a seat on the board of directors.
Waters was promoted from his post as executive VP and chief operating officer. He joined Hillman as CFO in 1999. During his tenure, Hillman made its largest acquisition to date, H. Paulin & Co., bringing significant market presence in Canada.