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Stegeman began at Ferguson in 1985. The Wolseley Group eliminated the President/CEO position at Ferguson – held by Stegeman – in August 2009. (Read Wolseley Eliminates Ferguson CEO/President Position.)
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"Our strong financial position and intense focus on growing faster than our markets supports and requires that we seize key opportunities to add world-class talent to our organization," said Joe DeAngelo, CEO, HD Supply. "John has executed in and led the development of our industry, and his expertise will further strengthen our leadership team and accelerate momentum on key value creation initiatives."
Stegeman will be based in Atlanta.
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