Richard S. King has been named Graybar’s vice president for comm/data and Commercial, Institutional and Government sales, the company announced. King assumed his new role Feb. 1. He recently worked as director of comm/data sales for Graybar’s New York and Boston districts, a position he held for 15 years. King joined Graybar in 1992 and […]
Category: Graybar
NAW Summit: Distribution Execs Get In-Person Glance at 2022 and Beyond
In the frigid Nation’s Capital, the National Association of Wholesale-Distributors made a triumphant return to an in-person conference this week during its 2022 Executive Summit. The now-unusual nature of a live, in-person gathering was evident, especially based on the commentary of attendees and presenters. Yet attendees, sponsors, headliners and support staff excitedly leapt back to […]
Graybar CFO to Retire
Graybar Senior Vice President and Chief Financial Officer Scott Clifford will retire in June after nearly three decades with the company. The St. Louis-based electrical, communications and data networking distributor said David Meyer has been appointed to SVP and CFO, effective April 1. Meyer was recently named vice president of North American subsidiaries following six […]
Graybar Names New District VP
Graybar, a St. Louis-based electrical, communications and data networking distributor, named Paul Hansen its district vice president for the company’s Seattle District. Hansen’s role begins Jan. 1, 2022. He joined Graybar in 1983 and currently serves as director of finance in the Seattle District, a position he has held since 2004. As district VP, Hansen […]
Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity
To continue reading this article you must be a paid subscriber. Subscribe to MDM Already Subscribed? Click here to log-in | Forgot your password? The post Graybar Exec on Strategy Behind New Leadership Roles, M&A Activity appeared first on Modern Distribution Management.
November M&A Roundup: Brady IFS, Graybar, US LBM Ink Multiple Deals
November 2021 was a busy month on the M&A front for multiple companies, including Brady IFS, Graybar and US LBM, all of which struck more than one deal during the month. The M&A activity continued an upward trend from October, as well as this year’s third quarter. (See MDM’s 3Q 2021 M&A report for a […]
Graybar Names New Execs
Graybar, a St. Louis-based electrical, communications and data networking distributor, said that a dozen executives will assume new leadership roles within the company starting next year. According to Graybar, the following changes will take effect Jan. 1, 2022: Bill Mansfield will take on a new role as senior vice president of strategy and business development. […]
Graybar Acquires Metro
St. Louis-based electrical, communications and data networking distributor Graybar acquired Metro Electric Supply and Metro Lighting, a regional distributor that primarily serves homebuilders and contractors that specialize in residential, commercial and industrial projects. Financial details of the deal were not disclosed. Metro is also based in St. Louis. Metro is a regional distributor that serves […]
Graybar Acquires Steven Engineering
St. Louis-based electrical, communications and data networking distributor Graybar completed its acquisition of Steven Engineering, Inc., an automation, motion control and pneumatic solutions company based in South San Francisco. Financial terms of the deal were not disclosed. As a subsidiary of Graybar, the company will operate under the Steven Engineering name with the same leadership […]
Graybar Reports Record 3Q
St. Louis-based electrical, communications and data networking distributor Graybar this week reported its highest quarterly net sales in company history. Graybar’s 3Q net sales totaled $2.31 billion, a 23.2% increase compared to the same period last year. The company’s profit for the quarter was $74.3 million, up 115.4% from the same period in 2020. For […]
Graybar Canada Acquires Electro-mag
Electrical, communications and data networking products distributor Graybar Canada, Halifax, Nova Scotia, announced Friday that it has completed its acquisition of Electro-mag Inc., including the JAD brand. Financial terms of the deal weren’t released. Headquartered in Sherbrooke, QC., with locations in Drummondville, Quebec, Montreal, and London (ON), Electro-mag provides services and solutions via pneumatic, safety, […]
