Duncan Mac Naughton, former Walmart chief merchandising and marketing officer, has been named CEO of Mills Fleet Farm. The Midwestern, value-based retailer of outdoor-oriented lifestyle merchandise has also recently been acquired by investment firm KKR.
In addition, Hugh Leasum, currently a member of Mills Fleet Farm’s executive management team, has been named the retailer’s COO. Mills Fleet Farm’s existing executive management team will continue operating in their current positions.
“Mills Fleet Farm is a beloved Midwest retailer that has upheld the Mills family principles over the last 60 years,” Leasum said. “We are excited to welcome Duncan back to his native Wisconsin and to the Mills Fleet Farm team. We are confident that Duncan Mac Naughton, in partnership with the outstanding executive team already in place, will drive the company’s continued growth, while preserving the Mills’ values of honesty, integrity, hard work, service and loyalty.”
Mac Naughton said, “In partnership with the executive management team and KKR, I look forward to furthering the opportunities for growth that lie ahead for Mills Fleet Farm and continuing to invest significantly in the business, adding infrastructure, stores and local jobs.”
The company operates 35 stores located throughout Wisconsin, Minnesota, Iowa and North Dakota.