TWELVE DIRECTORS SLATED FOR GRAINGER'S BOARD TO BE VOTED ON AT THE COMPANY'S ANNUAL MEETING ON APRIL 27, 2022

Rhea-AI Summary

W.W. Grainger, Inc. (NYSE: GWW) announced its nominees for the 2022-2023 Board of Directors, featuring 12 current members. Notably, Brian P. Anderson will retire after 23 years of service, having contributed significantly as Lead Director. Chairman and CEO D.G. Macpherson expressed gratitude for Anderson's leadership and insights. Grainger reported 2021 sales of $13 billion, serving over 4.5 million customers globally with a vast product range, including more than 2 million MRO products. The annual shareholder meeting is set for April 27, 2022.

Positive

• All 12 nominees are current Board members, ensuring continuity in leadership.
• $13 billion in sales for 2021 indicates strong market demand and business performance.
• Serving more than 4.5 million customers highlights Grainger's extensive reach and customer base.

Negative

• Retirement of Brian P. Anderson may lead to transitional challenges in Board leadership after his long service.

CHICAGO, Feb. 16, 2022 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) today announced that the Board of Directors has selected a slate of nominees to serve for the 2022-2023 period.  The 12 candidates, all current Board members, to be voted on at the 2022 annual meeting of shareholders are:

Rodney C. Adkins
V. Ann Hailey
Katherine D. Jaspon
Stuart L. Levenick
D.G. Macpherson
Neil S. Novich
Beatriz R. Perez
Michael J. Roberts
E. Scott Santi
Susan Slavik Williams
Lucas E. Watson
Steven A. White

After 23 years of service, Brian P. Anderson is retiring from the Board following the 2022 annual meeting of shareholders.  Mr. Anderson has been a Board member of W.W. Grainger, Inc., since 1999 and served as Lead Director and as a member and Chairman of the Audit and Board Affairs and Nominating Committees. 

Grainger Chairman and CEO, D.G. Macpherson, said, "On behalf of the Board of Directors, I would like to thank Brian Anderson for his leadership, strategic insight, innovative thinking and invaluable contributions to Grainger over the past 23 years." 

About Grainger
W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit www.grainger.com.

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SOURCE W.W. Grainger, Inc.

FAQ

Who are the nominees for Grainger's Board of Directors in 2022?

The nominees include Rodney C. Adkins, Ann Hailey, Katherine D. Jaspon, Stuart L. Levenick, D.G. Macpherson, Neil S. Novich, Beatriz R. Perez, Michael J. Roberts, E. Scott Santi, Susan Slavik Williams, Lucas E. Watson, and Steven A. White.

When is Grainger's annual shareholder meeting scheduled for 2022?

The annual shareholder meeting is scheduled for April 27, 2022.

What were Grainger's sales figures for 2021?

Grainger reported sales of $13 billion for the year 2021.

Why is Brian P. Anderson retiring from Grainger's Board?

Brian P. Anderson is retiring after 23 years of service, having held roles such as Lead Director and Chair of key committees.