Tractor Supply Company Announces Management Promotions
BRENTWOOD, Tenn., Dec. 5, 2011 /PRNewswire/ -- Tractor Supply Company (NASDAQ: TSCO), the largest retail farm and ranch store chain in the United States, today announced two management promotions. Alexander L. Stanton has been appointed as Senior Vice President, Supply Chain and Christine E. Skold has been appointed as Vice President, Investor Relations, Strategy and Tractor Value System (TVS).
In the role of Senior Vice President, Supply Chain, Mr. Stanton will be responsible for logistics, transportation, distribution centers, inventory management and pricing. Mr. Stanton joined Tractor Supply Company in April 2006 as Vice President, Finance and was later promoted to Senior Vice President, Finance & Strategy. In his new role, Mr. Stanton will report directly to Gregory Sandfort, President and Chief Merchandising Officer.
Ms. Skold will assume the investor relations and strategic planning functions previously held by Mr. Stanton and will retain management responsibilities for TVS, the Company's continuous improvement program based on LEAN principles. Ms. Skold joined Tractor Supply Company in September 2002 and has held prior leadership roles in Accounting, Internal Audit and TVS. In her new role, Ms. Skold will continue to report to Anthony Crudele, Chief Financial Officer.
Jim Wright, Chairman and Chief Executive Officer, stated, "Tractor Supply Company has achieved many milestones over the last several years including growing our store base, improving our organization and generating solid financial results. Our performance is due in large part to the dedication and strength of our team members. We are very pleased to announce these two management promotions, which recognize the respective achievements of Alex and Christine, both of whom exhibit our company's highest standards of integrity and a passion for the business. We look forward to their continued contributions as we progress on our long-term strategic initiatives. Further, these promotions are great examples of our ongoing efforts to develop key leaders within our Company."
About Tractor Supply Company
At September 24, 2011, Tractor Supply Company operated 1,054 stores in 44 states. The Company's stores are focused on supplying the lifestyle needs of recreational farmers and ranchers. The Company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including lawn and garden items, power equipment, gifts and toys; (4) maintenance products for agricultural and rural use; and (5) work/recreational clothing and footwear.
TractorSupply.com
SOURCE Tractor Supply Company
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