News Summary
David Majure, a retail expert and founder of Southeast Ace, has been elected to the board of directors at Ace Hardware. His experience in the retail industry, alongside his commitment to community service, positions him as a valuable asset to the board’s leadership. The appointment reflects Ace Hardware’s aim to strengthen governance with experienced professionals and enhance its operational framework.
OAK BROOK, Illinois – David Majure, a graduate of the University of Alabama, has been elected to the Ace Hardware board of directors during the annual stockholders’ meeting held on May 13. Majure, who is the president and founder of Southeast Ace, which operates a chain of six Ace stores in Alabama and Mississippi, is expected to bring valuable insights and leadership to the organization.
Upon his election, Steven Burggraf, the chairman of the board, expressed confidence that Majure’s experience and perspective would be significant assets for Ace Hardware. The election of Majure marks an important new chapter for the company, reflecting its commitment to diversifying and strengthening its governance through experienced retail professionals.
Majure holds a Bachelor of Science degree in business management from the University of Alabama. His journey in the retail industry began with the founding of his first Ace Hardware store in Meridian, Mississippi, in 2019. Currently, he co-chairs the Alabama Ace Retailer Group, which represents the interests of Ace retailers in that state.
Before establishing Southeast Ace, Majure served as the president of the Majure Retail Group, where he was responsible for the operation of Fred’s franchise stores and pharmacies for over five decades. This extensive background in retail management positions him well for contributing to the strategic direction of Ace Hardware as a member of the board.
Majure has also been active in community service, having served on multiple boards, including those for the East Mississippi Boys and Girls Club, the Diabetes Foundation of Mississippi, the Lamar School Foundation, Great Southern Bank, and Children of Abraham Ministries. His dedication to both business and community service underscores his commitment to leadership and engagement in his professional and local environments.
The board of directors at Ace Hardware also includes other influential members. Kristen Pellicer, who joined the board in 2022, currently chairs the Nominating and Governance Committee. Meanwhile, Steven Burggraf, who is also the president and CEO of 15 Ace Hardware stores across Minnesota and North Dakota, is set to take on the position of chairman of the board in 2024. The recent departure of Kristin Grunder, an outgoing director, was a result of her reaching the maximum years of service allowed under Ace’s bylaws.
Ace Hardware, headquartered in Oak Brook, Illinois, continues to evolve with a focus on enhancing its operational framework through the addition of experienced directors like Majure. The company has a long-standing reputation for serving local neighborhoods effectively, and the board’s diverse background is expected to bolster its mission of providing quality products and exceptional customer service across its extensive network of stores.
As the company moves forward, Majure’s role on the board signifies an ongoing commitment to the values of community and retailer representation, aligning with the historic foundation Ace Hardware has built in the hardware retail industry.
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