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Canadian distributor Wajax Corp. (TRX: WJX), reported sales for the first quarter ended March 31 of $374.6 million, a 9.4% increase year-over-year. Profit decreased 15.1% to $7.9 million.
Stuart Auld will assume the role of senior vice president, finance and CFO. Auld joined Wajax's senior leadership team in 2014 and was most recently the senior vice president, human resources and information systems.
The company also announced that Irene Stretton will assume the role of vice president, human resources. Stretton joined Wajax's leadership team in 2010 and was most recently director, total rewards.