Applied Industrial Technologies CFO to Retire
David Wells named successor.
David Wells named successor.
The company reported a loss of $0.4 million for the quarter.
Disruptive forces will likely have a transformative effect on wholesale distribution. In our previous two articles, we assessed the financial performance of the wholesale distribution industry and an array of disruptive forces already impacting participants. We also introduced a framework for harnessing these disruptions and the capabilities distributors will need to develop to successfully navigate the current industry inflection point. In this article, the third in the series, we discuss the final two parts of the framework: executing the value chain and energizing the business.
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Company's sales down 17 percent in first quarter.
Although full impact is uncertain, investing now will position you for long-term success.