Martin Inc. Appoints Former Optimas, WINA Exec to Lead Fasteners Unit - Modern Distribution Management

Log In

Martin Inc. Appoints Former Optimas, WINA Exec to Lead Fasteners Unit

Marc Strandquist has joined the industrial distributor as EVP of its Fastening Solutions Division.
Screen Shot 2023-01-06 at 2.20.15 PM
Author
Date
Marc Strandquist

Alabama-based industrial and MRO distributor Martin Inc. announced Jan. 4 it has appointed Marc Strandquist as the Executive Vice President of its Fastening Solutions Division. In his new role, Strandquist will develop and execute strategic plans, drive efficiency and profitability, and create synergy across all Martin business units while leading the fastening team, according to a news release.

Strandquist has over 35 years of experience in the C-class component industry as an executive overseeing companies in Europe, South America and North America. He previously served as CEO of Illinois-based fastener manufacturer and distributor Optimas Solutions and also held several executive-level positions during his time with global fastener manufacturer and distributor Würth Group.

“I’m delighted to welcome Marc to the Martin team,” Martin co-CEO Douglas Ruggles said. “Marc is a pragmatic, entrepreneurial, and collaborative business leader who has a proven track record of moving organizations in the right direction. I am confident he will help further advance Martin’s OEM component and fastening business and deliver on our purpose statement to help companies operate better.

MDM’s M&A Virtual Summit, to be held Feb. 21-22, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.