Spar Group Appoints Steven Hennen as CFO

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Dec 10 2025

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Should l Buy SGRP?

Spar Group appointed Steven Hennen as CFO, effective December 8. Hennen succeeds Antonio Calisto Pato, who served as CFO since February 2023. Calisto Pato will be actively involved in the Q4 and full-year reporting process, and will serve as an advisor to ensure a smooth transition through the filing of the company's 2025 Annual Report. Most recently, Hennen served as President and CFO of Baker & Taylor, a multi hundred-million-dollar annual revenue company, where he managed global finance and operations. His earlier leadership roles included VP of Finance and Accounting and Corporate Controller at Red Ventures. Hennen also held CFO and senior leadership roles for DyStar, L.P./Color Solutions International, Boehme Filatex and Technimark. He began his career with KPMG.

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About SGRP

SPAR Group, Inc. is a merchandising and marketing services company, providing a broad range of services to retailers, manufacturers, and distributors. The Company’s segments include Americas; Asia Pacific (APAC), and Europe, Middle East, and Africa (EMEA). The Company provides six principal types of services: merchandising and marketing, category management and setup, remodel and retail transformation, assembly and installation, business analytics and insights, and fulfilment and distribution. The Company represents numerous manufacturers and retail clients in a range of retail segments and stores. Its clients in the retail segments include convenience, cash and carry, home improvement, consumer electronics, automotive, pharmacies, office supply and others. The Company’s clients in the manufacturer segments include personal technology, consumer electronics, consumables, beverages, household products, financial products and automotive aftermarket.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

SPAR Group Promotes Jean Richer to Head of North American Sales & Marketing

Jan 02 2026Businesswire

Leadership Change: SPAR Group has promoted Jean Richer to Head of North American Sales & Marketing, aiming to accelerate revenue growth in the U.S. and Canada, leveraging Richer's over 25 years of executive experience in the CPG and retail services sectors to capitalize on market opportunities.
Increased Executive Ownership: Members of SPAR's Executive Leadership Team have recently boosted their ownership stakes, with CFO Steve Hennen purchasing 55,000 shares and CTO Josh Jewett acquiring 125,000 shares, reflecting management's confidence in the company's long-term growth and innovation.
Market Strategy Focus: Richer's appointment is expected to drive SPAR's commercial growth agenda through modern, data-enabled merchandising solutions, enhancing the company's ability to meet evolving retailer and brand needs and improving competitive positioning.
Long-Term Growth Outlook: CEO William Linnane noted that the increase in management's ownership aligns leadership with shareholder interests, fostering long-term growth and innovation into 2026 and beyond, indicating a positive outlook for the company's future development.