HBSDaily

3M has made some adjustments to its leadership team in the form of a new SVP supply chain.

Effecitve immediately, previous managing director 3M United Kingdom-Ireland Region Paul Keel will fill the role in lieu of Christopher Holmes, who is retiring.

“Paul is an accomplished leader whose strategic thinking skills, international experience and demonstrated record of success make him uniquely qualified for this role,” said Inge Thulin, 3M chairman, president and CEO.

SHLD rose nearly 20% on Tuesday on a generally gainful day for the market.

Newell Rubbermaid has promoted Bradford Turner to the role of senior VP, general counsel and corporate secretary.

HBP moved ahead the rest of the pack with an increase of 4.08%.

Software developer extends its cloud-first focus in new version of Eagle solution.

Do it Best Corp. concluded a week-long, intensive leadership training development program for a selected group of managers and leaders from among its member-owned stores.

The inaugural Leadership Development Institute (LDI) was held Nov. 12-15, at the co-op's Fort Wayne, Ind., headquarters. Twenty-three attendees took part in the training. 

HD Supply Holdings, the indirect parent of HD Supply, announced that it will launch an initial public offering of 53,191,489 shares of common stock.

The company hopes to raise $1.3 billion in its initial public offering, funds used to pay debt, transaction fees and other expenses. Shares of HDS are expected to become available through NASDAQ June 26.