Profit increased 5.6 percent to $63.2 million.

Fourth-quarter sales for MSC were up 19.1%.

President and COO Erik Gershwind will take on the CEO role, effective Jan. 1, 2013.

MSC executives say the distributor will continue to focus on e-commerce and vending as growth platforms.

Vending is now making a significant contribution to many national distributors’ top lines. The trend is most prominent in the industrial MRO sector.

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MSC will maintain its current New York office, but expects new executive additions to be made primarily in North Carolina.

Year-over-year profit for the second quarter increased 21 percent.