Martina
McIsaac to assume responsibility of MSC's day-to-day
operations
Erik
Gershwind to sharpen focus on MSC's strategy, growth
planning and organizational development
MELVILLE, N.Y. and DAVIDSON, N.C., Sept. 24,
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 promotion of
Martina McIsaac to President and
Chief Operating Officer, effective September
23, 2024.
Previously serving as Executive Vice President and Chief
Operating Officer, Ms. McIsaac has helped MSC deliver improvements
to its customer experience, supplier relationships, working capital
efficiency, supply chain operations and more. In her new role, Ms.
McIsaac will have formal responsibility for the entirety of MSC's
day-to-day operations, which include Sales, Marketing, Solutions,
Supply Chain, Category Management, Supplier Relations,
Sustainability and Information Technology.
"Over the past two years, Martina has made significant
improvements to our internal and external operations. She has
elevated the customer experience by improving service levels and
fill rates, executed strategic initiatives across our Supply Chain
and further improved our working capital efficiencies. Over this
time, she has shown an ability to execute large, complex
initiatives to guide the business to be more focused operationally
and strategically. The Board of Directors and I have full
confidence in Martina's ability to take on the President
responsibilities due to her sharp strategic thinking and strong
team building capabilities," said Erik
Gershwind, Chief Executive Officer for MSC.
Gershwind continued, "This move tightens the connection and
improves our ability to capture synergies between our technology
functions and the operations of our business. It also allows me to
put greater focus on our long-term strategic direction and
cultivating the next generation of MSC's competitive advantage,
business development, and talent development. It will enable me to
have a more direct interaction and communication with our primary
stakeholders — associates, customers, shareholders, and suppliers —
on our path to generating long-term shareholder value."
Ms. McIsaac joined MSC in October
2022 following a nine-year tenure with Hilti Corporation, a
multinational company that develops, manufactures and markets
hardware, software and services for the construction, building
maintenance, energy and manufacturing industries. She served as
Region Head and Chief Executive Officer of Hilti, Inc., leading the
North America organization to
significantly outperform the market with strong top-line and profit
growth. Prior to joining Hilti, Ms. McIsaac had a 14-year tenure
with Avery Dennison, where she
served in a range of sales, marketing, business development and
operational roles in Mexico,
Argentina, Chile, Canada
and the U.S. prior to being named Vice President and General
Manager of its Performance Polymers Division.
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.