10/29/2012 11:26:00 AM
NEWS BRIEFS
MSC Industrial Names New CEO
MSC Industrial Direct Co. announced Erik Gershwind, 41, will become President and CEO, effective January 1, 2013.
Gershwind, who is currently COO, will succeed David Sandler, who will serve as Executive Vice Chairman of the Company’s Board of Directors until at least 2017.
Under the succession plan — in place since October 2010 — Gershwind was selected by the MSC board.
He was previously appointed Executive VP and COO in October 2009 and promoted to President in October 2011.
For more than 16 years, Gershwind has managed key aspects of MSC’s business, beginning with mergers and acquisitions in 1996 and expanding into sales, product management, marketing and e-Commerce. In 1999, he established MSC’s internet business. Since 2008, Gershwind has led the Company’s strategic team responsible for defining and directing business strategy.
Founded in 1941, Melville, NY-based MSC Industrial distributes 600,000 metalworking and MRO supplies – including fasteners and hardware – from 3,000 suppliers to 343,000 customers. MSC offers 42,000 fastener products among its 600,000 industrial products from 3,000 suppliers. ©2012 GlobalFastenerNews.com
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