Tandy Leather Factory Welcomes Johan Hedberg as New CEO

Tandy Leather Factory Introduces New Leadership

Tandy Leather Factory, Inc. has recently made a significant change in its executive leadership by appointing Johan Hedberg as the new Chief Executive Officer. This decision marks a pivotal moment in the company’s journey as it looks to the future with a new vision. Johan is set to officially take on his new role effective January 6, while the outgoing CEO, Janet Carr, will assist during the transition period until March.

Experience Behind the Appointment

Johan Hedberg is not new to the leadership landscape, boasting over three decades of experience in both wholesale and retail sectors. His most recent role was as Chief Sales Officer and President, Americas, at Fiskars Group, where he showcased his ability to drive sales and lead teams effectively. Before his tenure at Fiskars, he made impactful contributions at Thule Group, reinforcing the depth of his experience in diverse markets.

Gratitude for Janet Carr's Leadership

Jeff Gramm, Chairman of Tandy, expressed gratitude for Janet Carr’s six years of dedicated service. Under her leadership, Tandy Leather made significant strides in product quality and expanded its customer base despite challenges posed by the economic climate, especially during the pandemic. As Janet prepared to transition out of her role, she and the board agreed this was the right moment for fresh leadership at Tandy.

Johan Hedberg’s Vision for the Future

Upon his appointment, Hedberg shared his enthusiasm for leading Tandy Leather, a company with a rich history exceeding 100 years. He emphasized his commitment to exploring new opportunities and overcoming challenges that lie ahead. As Tandy prepares for the transition to new facilities, Hedberg is optimistic about enhancing sales and expanding customer reach in this new chapter.

Board Changes and New Perspectives

Additionally, Tandy Leather announced new appointments to its Board of Directors. John (Rocky) Sullivan will join as a director also as of January 6. Sullivan comes with robust qualifications as an Investment Advisor and has successfully operated multiple businesses, bringing a wealth of knowledge and experience in investment management and real estate development.

Welcoming Mr. Sullivan

Gramm remarked on the importance of having Rocky Sullivan join the board, especially as the company bids farewell to James Pappas and Janet Carr from their board roles. Sullivan’s commendations from James Pappas can only enhance Tandy’s governance as it navigates through significant transitions.

About Tandy Leather Factory, Inc.

Tandy Leather Factory, Inc., headquartered in Fort Worth, Texas, is a premier specialty retailer offering an extensive product range focused on leather and leather crafting. Their inventory includes not just leather materials but also an array of tools, finishes, and DIY kits, catering to both hobbyists and professionals alike. The company's operational footprint spans across 99 stores in North America, showcasing their widespread presence and commitment to quality.

Tandy Leather Factory’s common stock trades on the Nasdaq Capital Market under the symbol “TLF.” As the company continues to grow, its leadership is poised to steer Tandy through a critical juncture, ensuring it remains a leader in the leather retail market.

Frequently Asked Questions

Who is the new CEO of Tandy Leather Factory?

The new CEO is Johan Hedberg, appointed effective January 6.

What experience does Johan Hedberg have?

Johan Hedberg has over 30 years of leadership experience in wholesale and retail, most recently at Fiskars Group.

What does Janet Carr say about her career at Tandy Leather?

Janet Carr expressed that serving Tandy has been an honor and she wishes the company the best for the future.

What changes are happening on Tandy's Board of Directors?

John (Rocky) Sullivan has been elected to the board, while Janet Carr and James Pappas will step down.

How is Tandy Leather Factory structured?

Tandy Leather operates 99 stores across North America, focusing on leather retail and related tools, making it a premier destination for leather enthusiasts.

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