NetPlus Alliance, Lockport, New York, announced that on Jan. 1, the organization’s founder and chairman, Dan Judge, transitioned ownership of the industrial and contractor supplies buying group to his daughter and NetPlus president, Jennifer Murphy. The event marked the fifth generation of family ownership.
“After an unprecedented year in our industry, our team has played through the challenges and positioned NetPlus for accelerated growth,” Murphy said. “I am proud to be the fifth-generation president of a 150-year-old family business that started in distribution and look forward to continuing our core purpose of helping businesses succeed.”
“I am very pleased that my daughter Jennifer is now the sole owner of NetPlus, a position that she has certainly earned since becoming president in 2013, growing the company 111% since then, and building one of the best teams in the industry,” said Judge, whose role in the organization won’t change with the ownership transition as he will remain involved in the business as NetPlus chairman.
Judge said he began planning for the transition in 2013 when Murphy became president of NetPlus.