This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Waters To Succeed Mick Hillman As CEO Of Hillman

CINCINNATI, May 23, 2013 /PRNewswire/ -- The Hillman Companies, Inc. (Amex: HLM.PR) ("Hillman") announced today that Executive Vice President and Chief Operating Officer James P. Waters will succeed Max W. ("Mick") Hillman as Chief Executive Officer, effective July 1, 2013.  Mr. Waters, who had previously served as Chief Financial Officer of Hillman, also joins Hillman's Board of Directors, effective immediately.  Mr. Hillman, who will retire as CEO after 44 years with the company, will retain a seat on Hillman's Board of Directors.

During his extraordinary career, Mr. Hillman grew his father's hardware distributorship into a leading international value-added distributor serving multiple retail channels and product categories.  Mr. Hillman said, "I want to thank all of the employees of Hillman for making the past 44 years so successful for our company.  I am fortunate not only to have had the opportunity to lead this great organization through 30 years of uninterrupted growth, but also to have a leader of Jim's caliber to hand the reins to. I look forward to supporting him in his new role and am confident that Hillman will flourish under his leadership."

Tyler J. Wolfram, Chairman of the Board of Directors and a Managing Partner of Oak Hill Capital Partners, said, "We are extremely grateful to Mick for his many years of leadership and for his partnership with Oak Hill Capital, and we look forward to continuing our relationship with him in his role on the Board. With over two decades in the industry and 14 years at Hillman, Jim assumes the role of CEO with a proven track record of delivering strong financial and operational results.  Hillman is currently presented with a number of exciting growth opportunities, and Jim is the right individual to lead the company into the future."

Mr. Waters joined Hillman in 1999 as CFO and was promoted to EVP/COO in 2011.  He served in these positions through a period of extensive growth, including seven acquisitions, significant market share gains and successful international expansion.  During his tenure as COO, Hillman made its largest acquisition to date, H. Paulin & Company, which provided the company with an excellent market presence in Canada.

Mr. Waters said, "I am thrilled for the opportunity to lead this outstanding organization.  Together with Hillman's dedicated and accomplished management team, I intend to carry on the culture of best-in-class customer service, commitment to our employees and community involvement that has been cultivated over the past 50 years by the Hillman family."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs