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Upon Mike Leechs retirement, Joe LeNoir, president of Irby Utility; Tyler Mitchell, president of Irby C&I; and Brad Slocum, SVP of Shared Services, will continue to run the day-to-day Irby business.
The business will be integrated into Jasons Industrial segment within Osborn.
WESCO struck a deal to acquire Anixter in January, a transaction estimated at $4.5 billion.
Dirk Van Dongen will lead the Association through November 2020.
For the fourth quarter, sales were $1.8 billion, down 17.7% year-over-year.
Current dollar GDP increased 3.5% in the fourth quarter.
Motivators to change come from three categories: competitive environment motivators, external environment motivators and internal environment motivators. Consultant Mike Vitale explains how identifying these origins can help distributors to choose the most effective path toward business transformation.
This transaction highlights Houlihan Lokeys continued success advising market-leading specialty distributors of mission-critical parts.
For the fourth quarter, the company reported sales were up 9.3% compared to the prior year quarter.