March 26, 2013

CHICAGO, March 26, 2013 – True Value Company announced Brent Burger was elected chairman of the board of directors by a majority vote of the cooperative’s shareholders. Burger has served on the board since 2007, sitting on the compensation and corporate governance committees. He also serves on the the board of the True Value Foundation.

“Brent brings a wealth of hardware knowledge and leadership experience to our board,” said Lyle Heidemann, President and CEO of True Value Company. “As a local store owner and dedicated board member, I know he will provide great insights into the future growth of True Value Company.”

Burger joined the co-op in 1999. He owns and operates five Maine-based Destination True Value stores in Madison, Skowhegan, Winslow and Farmingdale, and a Just Ask Rental store in Skowhegan. Prior to joining the hardware business, Burger worked with Starbucks Corp. and TCBY Enterprises Inc. He began his career in 1985 as the youngest TCBY franchisee in the company’s history. Burger currently serves on two not-for-profit boards — the YMCA/Boys and Girls Club of America and Mount Merici Academy. His leadership experience includes serving on the board of directors for the Greater Blacksburg, Va. Chamber of Commerce and positions on advisory boards for Agway Dealer Stores and TCBY franchises.

“The opportunity to serve True Value as chairman of the board and contribute to shaping the future of our organization is an enormous honor,” said Burger. “I look forward to continuing to represent our membership while helping grow True Value and meet our customers’ needs.”

Burger replaces outgoing chairman Brian Webb, owner of Krueger’s True Value in Neenah, Wis. and Grand Rental Station in Appleton, Wis.

About True Value Company
True Value Company, headquartered in Chicago, is one of the world’s largest retailer-owned hardware cooperatives. The True Value cooperative includes approximately 4,500 independent members worldwide who operate under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply. Additional information on True Value Company and its retail identities is available at