Packaging solutions distributor TricorBraun appointed Kevin Weadick as President and CEO, effective May 5.
Weadick replaces Court Carruthers, who is retiring after eight years as CEO. Carruthers will become Vice Chair and remain on the board to support the company’s transition. Weadick will lead TricorBraun’s global operations to improve business performance, with a continued focus on innovation and growth.
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Weadick most recently served the past two years as CEO of FleetPride, a distributor of aftermarket truck and trailer parts. Prior to that, he held several leadership positions at Grainger in North America and Europe, including President of Zoro, Grainger’s technology-driven supply business serving small and mid-sized customers across North America.
“Kevin’s extensive experience and demonstrated track record in leading high-growth businesses will be invaluable as we continue to drive our global strategy forward,” TricorBraun Executive Chairman Keith Strope. “His strong leadership and supply chain expertise across multiple distribution businesses aligns with our aggressive growth goals and commitment to providing superior service to our customers. I also want to thank Court for his remarkable contributions to the growth of the company for the last eight years and look forward to continuing to serve together on the board.”
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Appointed CEO in 2017, Carruthers led TricorBraun through growth — tripling revenue and EBITDA, completing 30 acquisitions, expanding into Europe and Asia Pacific, entering new sectors and overseeing the 2021 sale to Ares and Ontario Teachers.
In recent news, TricorBraun reported the completion of its previously announced acquisition of Veritiv Containers, formerly known as All American Containers on Jan. 31. The acquisition was originally announced on Dec. 9.
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