Chain Store Age
Tractor Supply Co.’s succession plan has gone a bit off track.
The nation’s largest rural lifestyle retailer announced that it extended the current employment contract of CEO Greg Sandfort for a period of up to one year while an executive search firm looks for a successor. The news came as Tractor Supply also said that president and COO Steve Barbarick, who has been with the company for 21 years, had resigned, effective immediately. It gave no reason for his departure. Barbarick, who added the title of COO last year, was widely viewed as next in line for the CEO spot. . . . more