The 2020 Mid-Year Economic Update_long

2011 MDM Market Leaders: Top Industrial Distributors No. 2

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Headquarters: Atlanta, GA
2010 Revenues: $7.5 billion
Change in Sales from 2009: 1.35%
Employees:15,500
Locations: 765
Key Executives: CEO Joe DeAngelo; SVP and SBD and Integration Vidya Chauhan;SVP and CFO Ronald Domanico; SVP and CIO Michele Markham; SVP and General Counsel Ricardo Nunez; SVP and HR & Marketing and Communications Meg Newman; Senior Vice President Joe Izganics

Line of Business Presidents:
Vasken Altounian, HD Supply Canada
Steve Ferry, President, HD Supply Plumbing HVAC
John Stegeman, President, HD Supply White Cap
Jerry Webb, HD Supply Waterworks
Jon Michael Adinolfi, Crown Bolt
Rich Fiechter, HD Supply Repair & Remodel
Anesa Chaibi, HD Supply Facilities Maintenance
Rick McClure, HD Supply Utilities
Mike Stanwood, HD Supply Industrial PVF
Steve Margolius, President, HD Supply Electrical

Number of New Locations: 4

Former Ferguson CEO John Stegeman joined the HD Supply leadership team in 2010; he is executive president. HD Supply continues to record losses as it has in the past three years since being spun off from The Home Depot in 2007 and sold to a trio of private equity firms including Bain Capital, The Carlyle Group and Clayton, Dubilier & Rice. Those losses are starting to narrow however. In its latest report on the first quarter 2011, HD Supply reported improvement in industrial and nonresidential construction markets. In 2010, HD Supply provided an update on restructuring efforts. It had planned to close or consolidate branches and reduce its work force. HD Supply focuses its businesses around Infrastructure & Energy, Maintenance, Repair and Improvement, and Specialty Construction.

No. 3: Grainger

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