Hillman Announces Leadership Succession Plans: COO Jon Michael Adinolfi to be Appointed as Next CEO; CEO Doug Cahill to Become Executive Chairman

Leadership Transition - Hillman Solutions Corp. announced that Jon Michael Adinolfi will become the President and CEO, while Doug Cahill will transition to Executive Chairman effective January 1, 2025, ensuring continuity in leadership and strategy [1] - Adinolfi expressed commitment to building on Hillman's legacy of service and growth, aiming for $2 billion in net sales through organic growth and M&A [2][3] Company Background - Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading provider of hardware solutions, serving over 40,000 locations across North America [5] - The company focuses on innovative product and merchandising solutions for various customers, including home improvement centers and hardware stores [5] Financial Performance - Hillman will discuss its financial results for the second quarter of 2024, covering the thirteen and twenty-six weeks ended June 29, 2024, alongside the leadership succession plans [4]