Grainger Names Former Intel CFO to Board of Directors - Modern Distribution Management

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Grainger Names Former Intel CFO to Board of Directors

George Davis was Intel's EVP and CFO for about three years from 2019 to 2022.

On July 26, industrial supplies distributor Grainger announced that it had named George Davis to the company’s board of directors, effective that same day.

George Davis

Davis, 65, most recently served as Executive Vice President and Chief Financial Officer for semiconductor and technology giant Intel Corporation — which had $65 billion in 2022 revenue — from April 2019 until January 2022 and supported his successor’s transition until Davis’ retirement the following May.

Grainger noted that, in the CFO role, Davis supported Intel’s CEO to redefine the company’s strategic direction and expand its competitive advantage in a dynamic and evolving industry.  

Prior to Intel, Davis was the EVP and CFO for wireless technology provider Qualcomm, after spending 13 years with global materials provider Applied Materials. At the latter, he held roles of increasing responsibility, eventually being named EVP and CFO.

“George’s expertise in finance, technology, corporate strategy and transformation, along with his broad executive leadership experience, are a great fit for our company,” said D.G. Macpherson, Grainger’s Chairman and CEO. “We are excited to welcome George to the Board of Directors and look forward to seeing the impact he makes for our team members and customers.”

Mr. Davis holds a Bachelor of Arts in Economics and Political Science from Claremont McKenna College and a Master of Business Administration from the University of California, Los Angeles.

With this appointment, Grainger now has 12 members on its Board of Directors.

Davis’ appointment announcement came a day before Grainger reported its 2023 second quarter financials. MDM’s summary of all the key figures can be found here.

With $15.2 billion in 2022 revenue, Grainger appeared on nine of MDM’s 2023 Top Distributors Lists (of 17), including No. 1 for Industrial Distributors (for an eighth straight year) and No. 1 in MRO.

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