The electrical, communications and data networking products distributor also posted a 115.9% increase in profit to $80.1 million.
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The Graybar CEO says distributors shouldn’t promote diversity, equity and inclusion just because it’s the right thing to do — though it is! — but because it helps grow the bottom line.
The company also saw net income grow 120.6% compared to 2020; both revenue and profit were records for the electrical distributor.
Mazzarella's rise to the top at Grayber is legendary, and she is out to help distributors learn from her experience and expertise.
The company also saw net income dip 15.7% compared to 2019, due primarily to a non-cash pension settlement charge.
Electrical distributor promotes Andrew C. Ipson to key sales leadership role.
Electrical distributor says the addition of Shingle & Gibb will strengthen its position in industrial automation and control.
Profit grew 62.2% from the same period in 2018.
Ellen Rebne promoted to district vice president in Minneapolis.
Distributor promotes three leaders to VP posts, effective January 2019.
Full-service center in Denver replaces Aurora, CO, warehouse.
Craig Hogan will lead Graybars marketing organization.
Hoyt joins the company from Gexpro, a division of Rexel USA.
The company has made three leadership changes following the retirement of the vice president treasurer.
