Trading Companies and Distributors
Company Overview of HD Supply, Inc.
HD Supply, Inc. operates as an industrial distribution company in North America. The company’s Facilities Maintenance segment distributes electrical and lighting items, plumbing and HVAC products, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance products, and water and wastewater treatment products. Its Waterworks segment offers water and wastewater transmission products, such as pipes, fittings, valves, hydrants, and meters for constructing, maintaining, and repairing water and wastewater systems, and fire-protection systems, as well as smart meters, fusible piping solutions, and engineered treatment...
3100 Cumberland Boulevard
Atlanta, GA 30339
Key Executives for HD Supply, Inc.
Chairman of The Board, Chief Executive Officer and President
Chief Financial Officer, Chief Administrative Officer and Senior Vice President
Executive President of HD Supply and President of Construction & Industrial - White Cap
President of Hd Supply Waterworks
Chief People Officer and Vice President
Compensation as of Fiscal Year 2017.
HD Supply, Inc. Key Developments
Peter A. Leav to Resign from the Board of Directors of HD Supply Holdings, Inc. and HD Supply, Inc
Jul 14 17
On July 14, 2017, Peter A. Leav notified HD Supply Holdings, Inc. and HD Supply, Inc. (collectively, the company) of his intention to resign from the company's Board of Directors, and as a member of the Nominating and Corporate Governance Committee of Holdings' Board of Directors, effective immediately. Mr. Leav is resigning to focus on his other business responsibilities.
HD Supply Holdings, Inc. and HD Supply, Inc. Appoints Lionel L. Nowell III to the Board and Board's Audit Committee
May 19 17
On May 18, 2017, upon recommendation of the nominating and corporate governance committee, the board of directors (collectively, the "Board") of HD Supply Holdings, Inc. and HD Supply, Inc. (collectively, the company) appointed Lionel L. Nowell III to the Board and appointed Mr. Nowell to the Board's Audit Committee. Lionel L. Nowell, III, served as senior vice president, treasurer of Pepsico, Inc. from August 2001 to May 2009, where he was responsible for Pepsico's worldwide corporate treasury function. Nowell has served on the board of directors of American Electric Power Company, Inc. since July 2004 (audit committee chair); Reynolds American Inc. since September 2007 (lead independent director); and Bank of America Corporation since January 2013 (audit committee member). He served on the board of directors of Darden Restaurants, Inc. from October 2014 to September 2016; PepsiAmericas, Inc. from April 2002 to April 2005; Church & Dwight Co. Inc. from December 2003 to July 2007; and Northwestern Corporation from August 2002 to November 2002. He also serves on the Fisher College of Business Dean's Advisory Council at The Ohio State University.
HD Supply, Inc. Enters into Amendment No. 3 to its Existing ABL Credit Agreement
Apr 7 17
On April 5, 2017, HD Supply, Inc. entered into Amendment No. 3 to its existing ABL Credit Agreement, dated as of April 12, 2012 (as amended by Amendment No. 1, dated as of June 28, 2013 and Amendment No. 2, dated as of September 18, 2015), in the aggregate principal amount of $1,500,000,000 (the ABL Facility), by and among HDS, the other borrowers party thereto, the lenders party thereto, Wells Fargo Bank, National Association, as administrative agent and U.S. ABL collateral agent, and Wells Fargo Capital Finance Corporation Canada, as Canadian agent and Canadian collateral agent. The Amendment reduces the applicable margin for borrowings under the ABL Facility; reduces the commitment fee applicable thereunder; extends the maturity date of the ABL Facility until April 5, 2022; allows the Company to reallocate commitments thereunder between U.S. commitments and Canadian commitments; and releases all mortgaged real property under the ABL Facility that is in a special flood hazard area.
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