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Empowered employees can make greater strides in their current roles.
Acquisition of Oklahoma-based company expands Ferguson's presence.
Year-to-date sales increased 19.9 percent year-over-year.
Acquisition expands company's presence footprint in U.S. and UK.
Sales for first six months of $1.4 billion down 3.2% from prior-year period.
Annualized growth through February is 6.2 percent.
Decrease follows 1.2 percent increase in January.
Brad Skinner will take on many functions formerly performed by CEO Lavon Winkler, who retired April 1.
Acquisition strengthens company's position in Australia and New Zealand.