The announcement comes only a year after Crescent appointed President and CEO Penny Cotner as its top leader.
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Penny Cotner, former Infinite Electronics CEO, brings two decades of leadership experience to the electrical hardware and supplies distributor.
Crescent ranked No. 11 among electrical, data & security distributors on MDM's list of 2022 Top Distributors.
Lowe is expected to continue operating under its current, founder-led management team and will be supported by the Crescent platform.
Crescent Electric Supply Company says it has relocated its Minneapolis branch for ‘better customer access and enhanced service.’
Family Business Magazine has named Scott Teerlinck, president and CEO of Illinois-based Crescent Electric Supply, as a “CEO to Watch.”
The Illinois-based electrical hardware distributor announced that Edwin Ojeda will be responsible for industrial category sales growth.