-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WZH/p09zOXTzXMi8UzmN6Wo9PjUEE1YGCqj+ea/jdPxqmr4xEy1rrLb33ikVMipq i3j3UwTSRaHL2zTNV+KnHA== 0000950137-02-005155.txt : 20021008 0000950137-02-005155.hdr.sgml : 20021008 20021008171212 ACCESSION NUMBER: 0000950137-02-005155 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021007 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021008 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRUSERV CORP CENTRAL INDEX KEY: 0000025095 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-LUMBER, PLYWOOD, MILLWORK & WOOD PANELS [5031] IRS NUMBER: 362099896 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-18397 FILM NUMBER: 02784408 BUSINESS ADDRESS: STREET 1: 8600 WEST BRYN MAWR AVE CITY: CHICAGO STATE: IL ZIP: 60631-3505 BUSINESS PHONE: 7736955000 MAIL ADDRESS: STREET 1: 8600 W. BRYN MAWR AVENUE CITY: CHICAGO STATE: IL ZIP: 60631-3505 FORMER COMPANY: FORMER CONFORMED NAME: COTTER & CO DATE OF NAME CHANGE: 19920703 8-K 1 c72256e8vk.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported) October 7, 2002 TRUSERV CORPORATION (Exact Name of Registrant as Specified in Its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 2-20910 36-2099896 (Commission File Number) (I.R.S. Employer Identification No.) 8600 WEST BRYN MAWR AVENUE, CHICAGO, ILLINOIS 60631-3505 (Address of Principal Executive Offices) (Zip Code) 773-695-5000 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. TruServ Corporation issued the attached press release in connection with its appointment of Thomas S. Hanemann as a fifth outside director. Matters discussed in the attached press release may contain forward-looking statements within the meaning of the safe-harbor provisions of the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties. Actual results may vary materially from the expectations contained therein. The factors that could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed therein may include factors that are beyond the company's ability to control or estimate precisely, such as the ultimate requirements of the company's lenders, projections about the efficiencies that may be achieved by the company's initiatives, expectations about member response to the company initiatives, estimates of future market conditions in the hardware industry, the behavior of other market participants in the industry and the actions and economic conditions in the service territories of the company's members. Other risk factors are detailed from time to time in the company's SEC reports. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date of this document. The company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this letter. Item 7. Exhibit 99.1 Press release, dated October 7, 2002 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRUSERV CORPORATION (Registrant) Date: October 8, 2002 By /s/ David A. Shadduck ---------------------------------- Name: David A. Shadduck Title: Senior Vice President and Chief Financial Officer -2- EX-99.1 3 c72256exv99w1.txt PRESS RELEASE Exhibit 99.1 [TRUSERV LOGO] PRESS RELEASE For more information contact: Shelley Hughes TruServ Corporation (773) 213-4641/shughes@truserv.com TRUSERV ANNOUNCES NEW BOARD MEMBER AT FALL MARKET Co-op appoints Thomas Hanemann as its 5th outside director DALLAS, Oct. 7, 2002 - Veteran retailer and wholesaler Thomas S. Hanemann has been appointed to TruServ Corporation's board of directors. Hanemann, the former president of AutoZone, Inc., will stand for election at the company's next annual meeting of stockholders in April 2003. In May 2002, Laurence L. Anderson, David Y. Schwartz and Gilbert L. Wachsman were elected as TruServ's first outside directors as the board began a shift from being solely composed of storeowners and TruServ's CEO. The board then went on to appoint Judith Harrison in August 2002. With Hanemann's appointment, the board now has five outside directors, five storeowners and TruServ President and Chief Executive Officer Pamela Forbes Lieberman. "We now have our best-in-class board in place to build a best-in-class company," said Bill Blagg, chairman of the board. "Tom is a visionary thinker and charismatic leader with more than 30 years of retail experience. His expertise in retailing and wholesaling will make him a great addition to our board." Hanemann began his career in wholesaling in 1974 with Super D Drugstores, the drugstore division of Malone & Hyde, a large New York Stock Exchange grocery wholesaler. He advanced through several positions and was ultimately named president of Super D in 1978. During his tenure, he expanded the company to more than 100 stores and increased its sales to $150 million. In 1983, while serving as Super D's president, he founded Ike's Deep Discount Drugstores, a high-volume-discount retail drug chain selling health and beauty aids at deeply discounted prices. Malone & Hyde created the Fortune 500 national chain of auto parts stores known as AutoZone. Hanemann was one of the leaders and creators of that business and was named executive Page 1 of 2 vice president of stores and distribution centers in 1985. In this role, he developed a culture of superior customer service that became the cornerstone of AutoZone's business. From 1993-1996, he served as the company's president and as a member of its board of directors. Hanemann retired from AutoZone in 1996 and started his own company, Chandler-Hanemann, L.L.C. As chief manager of the company, he created a joint venture with his daughters to pursue a family passion--cooking. The result of the venture is an upscale prepared food market, Cheffries. Hanemann earned his bachelor's degree in pharmacy from the University of Tennessee. TruServ, headquartered in Chicago, is one of the world's largest member-owned cooperatives with annual sales of $2.6 billion in 2001. The TruServ cooperative includes approximately 6,800 independent retailers worldwide operating under store identities that include True Value, Grand Rental Station, Taylor Rental, Home & Garden Showplace and Induserve Supply. Additional information on TruServ and its retail identities is available at www.truserv.com. - ---------------- -###- Page 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----