Border States Announces 2024 CEO Succession Plan - Modern Distribution Management

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Border States Announces 2024 CEO Succession Plan

Jason Seger, the current President, will become President and CEO on April 1, 2024, the company said.
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Jason Seger

On Feb. 1, Fargo, North Dakota-based electrical distributor Border States announced that President Jason Seger will become President & CEO on April 1, 2024. David White, current CEO of Border States, will retire on March 31, 2024, the company said.

“While there is much to accomplish before I go, I am excited to announce that our Board of Directors has selected Jason Seger to succeed me as CEO of Border States,” White said. “As President, Jason has been instrumental in the development and execution of our strategic vision. He’s gained considerable industry experience and knowledge over an impressive 24-year career at Border States and is perfectly suited to effectively lead this great employee-owned company. I’m excited about the future of Border States and the many emerging opportunities in the distribution space and look forward to working alongside Jason during this transition.”

Seger began leading field operations for Border States in 2018 as Executive VP Regions, the company said. He was named President in April 2020.

Border States said Seger’s role has grown substantially since, including the added responsibility for managing Sales and Marketing and Supply Chain. He also serves on the company’s Board of Directors. Seger joined Border States as an intern in 1999, the company said.

“To lead the best team in the industry is exciting — I’m very honored to have this opportunity to serve the employee-owners at Border States as CEO,” said Seger. “I’m also humbled to be the next leader. I have watched, and learned from, each of the leaders of Border States since 1999. Each of them, and the leaders before them, had a passion for customer service that helped us grow and improve. On this foundation, and with the help of all employee-owners, we’ll continue to build a company and culture that is second to none.”

Border States ranked No. 7 on MDM’s 2022 List of Top Electrical Distributors.

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.

 

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