RAHQUEL PURCELL ELECTED TO MSC INDUSTRIAL SUPPLY CO.'S BOARD OF DIRECTORS

Rhea-AI Summary

On December 1, 2022, MSC Industrial Supply Co. (NYSE: MSM) elected Rahquel Purcell to its Board of Directors. Purcell brings over 30 years of supply chain and digital experience, previously serving as Chief Transformation Officer at L'Oréal. Her tenure included roles overseeing significant operational units and contributing to L'Oréal's ESG strategy. MSC's leadership believes her customer-centric approach and operational expertise will enhance profitability and growth. This strategic addition aims to strengthen MSC's operational efficiencies and long-term success.

Positive

• Rahquel Purcell's extensive supply chain and operational experience from L'Oréal could drive innovation and efficiency at MSC.
• The strategic addition of Purcell to the Board is expected to enhance MSC's profitability and productivity.

Negative

• Concerns may arise regarding continuity and adaptation to Purcell's leadership style given her recent appointment.

MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 5, 2022 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that on Dec. 1 its Board of Directors elected Rahquel Purcell to serve as a director, effective immediately.

Purcell brings more than 30 years of supply chain, strategy and digital experience to MSC's Board of Directors. She was recently appointed to the role of Chief Transformation Officer, North America (NA) for L'Oréal S.A., the world's largest beauty company. In this role, she is responsible for leading a newly formed Transformation Office and adapting and evolving L'Oréal's operating models for the future. She previously served as Chief Operating Officer, NA, overseeing six manufacturing facilities, 16 distribution centers and eight customer care facilities for L'Oréal's North America region, which produces $10 billion in annual revenue. During her seven-year tenure with L'Oréal, Purcell also has served as Senior Vice President, Head of Supply Chain NA and Vice President, Supply Chain NA, leading the successful transformation of the company's supply chain organization. She also has played a significant role in advancing L'Oréal's Environmental, Social and Governance (ESG) strategy.

Prior to joining L'Oréal, Purcell held a series of progressively responsible global leadership roles with The Procter & Gamble Company over 20-plus years, as well as early career experience with General Motors Company and PepsiCo, Inc. Purcell earned a bachelor's degree in business administration from the University of Michigan, and holds honorary program degrees from MIT, Harvard and the CEDEP business school in Paris, France.

"With an extensive background in consumer products, Rahquel brings our Board a unique customer-centric perspective on driving innovation and growth, and her significant supply chain leadership experience will be extremely valuable as we work to enhance our operations and deliver greater profitability and productivity," said MSC President and Chief Executive Officer Erik Gershwind.

"Rahquel is a highly experienced executive with considerable operational excellence expertise. We look forward to the unique perspective she will bring to our Board and the impact that she'll have on MSC's long-term growth and success," said MSC Chairman Mitchell Jacobson.

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 2.1 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 nearly 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.

FAQ

Who is Rahquel Purcell and what is her background?

Rahquel Purcell is a newly elected director for MSC Industrial Supply Co. with over 30 years of experience in supply chain and strategy, previously working as Chief Transformation Officer at L'Oréal.

What impact is Rahquel Purcell expected to have on MSC Industrial Supply Co.?

Purcell is anticipated to bring a customer-centric perspective and improve operational efficiencies, which could lead to enhanced profitability for MSC.

When was Rahquel Purcell elected to MSC’s Board of Directors?

Rahquel Purcell was elected to MSC Industrial Supply Co.'s Board of Directors on December 1, 2022.

What roles did Rahquel Purcell hold at L'Oréal?

At L'Oréal, Purcell held various roles including Chief Transformation Officer, Chief Operating Officer, and Senior Vice President of Supply Chain, overseeing significant operational divisions.