James T. Ryan, Grainger's president, will add the title of CEO effective June 1, 2008. He will succeed Richard L. Keyser, who will remain with the Chicago, IL-based facilities maintenance distributor as chairman of the board.
Ryan was named Chief Operating Officer and appointed to the Board of Directors in February 2007. He became president of Grainger in 2006.
Ryan has served Grainger in increasingly responsible roles in virtually every part of the company since joining the company in 1980. He graduated from Miami University, Oxford, OH, in 1980 with a Bachelor of Science degree in business. He also earned a master's degree in business administration with distinction from DePaul University in Chicago.
Grainger, with 2007 sales of $6.4 billion, is a broad line supplier of facilities maintenance products serving businesses and institutions in Canada, China, Mexico and the U.S. Grainger has more than 600 branches, 18 distribution centers and multiple Web sites.
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