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In The News:

Interline Brands Announces New CFO

Interline Brands Inc., Jacksonville, FL, a distributor and direct marketer of broad-line MRO products, announced that Fred Pensotti has been named chief financial officer, effective May 19.

"Fred brings a well-rounded background in finance, holding various senior positions throughout his career including corporate finance, treasury, accounting, and financial planning and analysis, among others," said CEO Michael Grebe. "In addition, his experience in strategic financial planning as well as working with private equity sponsors will contribute to further sharpening our financial strategy."

Pensotti joins Interline with 23 years of experience, holding a number of senior finance positions at Sabre Corporation, American Airlines and Eagle Management and Trust. Most recently, he served as senior vice president of finance and corporate controller at Sabre, a technology provider to the global travel and tourism industry.

John Bakewell, Interline's former CFO, has given notice of his resignation in order to accept a position with another company.

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