MSC INDUSTRIAL SUPPLY CO. ELECTS ROB AARNES TO BOARD OF DIRECTORS AS AN INDEPENDENT MEMBER
MSC Industrial Supply Co. (NYSE: MSM) has announced the addition of Rob Aarnes to its Board of Directors as an independent member. This move strengthens MSC's corporate governance profile and aligns with the reclassification agreement with shareholders. Aarnes, currently the President of ADI Global Distribution, brings extensive experience in operations management and a track record of driving profitable growth across various C-level roles. His background in distribution business models similar to MSC's is expected to provide valuable insights as the company works towards achieving its full potential and creating shareholder value.
Aarnes has led ADI, a $4.6B global wholesale distributor, since 2017. ADI is part of Resideo Technologies, Inc. (NYSE: REZI), a $7.3B manufacturer and distributor of smart-living products. Aarnes' diverse experience includes roles in private equity, specialty retail, and big box consumer electronics retail. He is a graduate of the United States Naval Academy and holds an MBA from San Diego State University.
MSC Industrial Supply Co. (NYSE: MSM) ha annunciato l'aggiunta di Rob Aarnes al suo Consiglio di Amministrazione come membro indipendente. Questa mossa rafforza il profilo di governance aziendale di MSC e si allinea con l'accordo di riclassificazione con gli azionisti. Aarnes, attualmente Presidente di ADI Global Distribution, porta con sé un'ampia esperienza nella gestione delle operazioni e un comprovato track record di crescita proficua in diversi ruoli dirigenziali. Il suo background in modelli di business di distribuzione simili a quelli di MSC dovrebbe fornire preziose intuizioni mentre l'azienda lavora per raggiungere il proprio pieno potenziale e creare valore per gli azionisti.
Aarnes guida ADI, un distributore all'ingrosso globale da 4,6 miliardi di dollari, dal 2017. ADI fa parte di Resideo Technologies, Inc. (NYSE: REZI), un produttore e distributore di prodotti per la vita intelligente da 7,3 miliardi di dollari. L'esperienza diversificata di Aarnes include ruoli in private equity, vendita al dettaglio specializzata e vendita al dettaglio di elettronica di consumo in grande formato. È laureato all'Accademia Navale degli Stati Uniti e possiede un MBA presso la San Diego State University.
MSC Industrial Supply Co. (NYSE: MSM) ha anunciado la incorporación de Rob Aarnes a su Junta Directiva como miembro independiente. Este movimiento refuerza el perfil de gobernanza corporativa de MSC y se alinea con el acuerdo de reclasificación con los accionistas. Aarnes, actual Presidente de ADI Global Distribution, aporta una amplia experiencia en la gestión de operaciones y un historial demostrado de crecimiento rentable en varios roles de nivel C. Su experiencia en modelos de negocio de distribución similares a los de MSC se espera que ofrezca valiosas perspectivas a medida que la compañía trabaja para alcanzar su máximo potencial y crear valor para los accionistas.
Aarnes ha liderado ADI, un distribuidor mayorista global de 4,6 mil millones de dólares, desde 2017. ADI es parte de Resideo Technologies, Inc. (NYSE: REZI), un fabricante y distribuidor de productos para la vida inteligente de 7,3 mil millones de dólares. La experiencia diversa de Aarnes incluye roles en capital privado, venta minorista especializada y venta al por menor de electrónica de consumo a gran escala. Es graduado de la Academia Naval de los Estados Unidos y posee un MBA de la Universidad Estatal de San Diego.
MSC 산업 공급 주식회사 (NYSE: MSM)은 로브 아르네스를 독립 이사로 이사회에 추가한다고 발표했습니다. 이 조치는 MSC의 기업 거버넌스 프로필을 강화하고 주주와의 재분류 계약에 부합합니다. 아르네스는 현재 ADI 글로벌 유통의 사장으로, 운영 관리에 대한 방대한 경험과 여러 C-레벨 역할에서 수익성 있는 성장 이력을 가지고 있습니다. 아르네스의 MSC와 유사한 유통 비즈니스 모델 관련 배경은 회사가 최대 잠재력에 도달하고 주주 가치를 창출하기 위해 노력하는 과정에서 소중한 통찰력을 제공할 것으로 기대됩니다.
아르네스는 2017년부터 46억 달러 규모의 글로벌 도매 유통업체인 ADI를 이끌어왔습니다. ADI는 73억 달러 규모의 스마트 라이프 제품 제조업체이자 유통업체인 Resideo Technologies, Inc. (NYSE: REZI)의 일부입니다. 아르네스의 다양한 경험에는 사모펀드, 전문 소매 및 대형 소비자 전자제품 소매 분야에서의 경험이 포함됩니다. 그는 미국 해군사관학교를 졸업하고 샌디에이고 주립대학교에서 MBA를 취득했습니다.
MSC Industrial Supply Co. (NYSE: MSM) a annoncé l'ajout de Rob Aarnes à son conseil d'administration en tant que membre indépendant. Cette décision renforce le profil de gouvernance d'entreprise de MSC et s'aligne avec l'accord de reclassement avec les actionnaires. Aarnes, actuellement président d'ADI Global Distribution, apporte une vaste expérience en gestion des opérations et un bilan solide en matière de croissance rentable à divers postes exécutifs. Son expérience dans des modèles d'affaires de distribution similaires à ceux de MSC devrait fournir des informations précieuses alors que l'entreprise travaille à réaliser son plein potentiel et à créer de la valeur pour les actionnaires.
Aarnes dirige ADI, un distributeur en gros mondial de 4,6 milliards de dollars, depuis 2017. ADI fait partie de Resideo Technologies, Inc. (NYSE: REZI), un fabricant et distributeur de produits intelligents d'une valeur de 7,3 milliards de dollars. L'expérience diversifiée d'Aarnes comprend des rôles dans le capital-investissement, le commerce de détail spécialisé et le commerce de gros d'électronique grand public. Il est diplômé de l'Académie navale des États-Unis et titulaire d'un MBA de l'Université d'État de San Diego.
MSC Industrial Supply Co. (NYSE: MSM) hat die Ergänzung von Rob Aarnes zu seinem Board of Directors als unabhängiges Mitglied angekündigt. Dieser Schritt stärkt das Unternehmensgovernance-Profil von MSC und steht im Einklang mit dem Umklassifizierungsabkommen mit den Aktionären. Aarnes, der derzeit Präsident von ADI Global Distribution ist, bringt umfangreiche Erfahrung im operativen Management sowie eine nachweisliche Erfolgsbilanz beim Auslösen profitabler Wachstumschancen in verschiedenen C-Level-Rollen mit. Sein Hintergrund in Vertriebsmodellen, die mit denen von MSC vergleichbar sind, soll wertvolle Einblicke liefern, während das Unternehmen daran arbeitet, sein volles Potenzial zu erreichen und den Aktionärswert zu steigern.
Aarnes hat ADI, einen globalen Großhändler mit einem Umsatz von 4,6 Milliarden Dollar, seit 2017 geleitet. ADI ist Teil von Resideo Technologies, Inc. (NYSE: REZI), einem Hersteller und Distributor von Smart-Living-Produkten mit 7,3 Milliarden Dollar Umsatz. Aarnes' vielfältige Erfahrung umfasst Rollen im Bereich Private Equity, Fachhandel und Großhandel von Unterhaltungselektronik. Er hat die United States Naval Academy abgeschlossen und einen MBA von der San Diego State University.
- Addition of an independent member to the Board of Directors, strengthening corporate governance
- New board member brings extensive experience in operations management and profitable growth
- Aarnes' background in distribution business models similar to MSC's could provide valuable insights
- Alignment with shareholder agreements, potentially improving investor relations
- None.
MELVILLE, N.Y. and DAVIDSON, N.C., Aug. 27, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout North America, today announced the addition of Rob Aarnes to its Board of Directors.
"We are thrilled to have Rob join our Board of Directors," said Chairman of the Board, Mitchell Jacobson. "The addition of an independent member to our board strengthens MSC's corporate governance profile and represents another beneficial change from the reclassification agreement with our shareholders. Rob brings a wealth of experience in operations management and a strong track record of driving profitable growth across various C-level roles at public and private companies. With his experience at ADI Global Distribution ("ADI"), which serves different end markets but has a distribution business model like ours, Rob will bring a fresh perspective and valuable insights to MSC as we work toward achieving our full potential and creating value for shareholders."
Mr. Aarnes has been President of ADI, a
Mr. Aarnes graduated from the United States Naval Academy and subsequently served as a Supply Officer in the
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability, and growth with approximately 2.4 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
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SOURCE MSC Industrial Supply Co.
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