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Billionaire Heiress of the day

April 26, 2009

Maggie Hardy Magerko, appointed President of 84 Lumber Company in 1992, is responsible for day-to-day operations for the company her father, Joe Hardy III founded in 1956 in Eighty Four, Pennsylvania. Maggie began training for this position when she was just five years-old, making regular appearances at the corporate headquarters, accompanying her father on site inspections of new properties and attending store visits. In her early twenties, Maggie went to work at the Bridgeville, Pennsylvania store to expand her knowledge of the daily store operations.  Although Maggie’s personal style differs somewhat from her father’s, her energetic approach and aggressive goals have been critical success factors in 84 Lumber’s operation and growth. Maggie has made a number of strategic moves to strengthen the company’s position as the leader in professional contractor sales, striking the delicate balance between maintaining 84 Lumber’s traditional approach to doing business, and adapting to meet the ever-changing needs of the customer. Under Maggie’s guidance, 84 Lumber made several strategic moves as the company refocused its concentration on its original niche – the professional market.

One Comment leave one →
  1. John permalink
    April 27, 2009 3:44 am

    84 Lumber has lost millions of dollars in the past 24-36 months and is on the brink of bankruptcy. The current direction Maggie set for 84 Lumber a few years ago by wanting reach a unattainable sales goal as cost thousands of jobs and hundreds of millions in her family’s wealth.

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