DXP Enterprises Announces Two Leadership Appointments
January 11 2022 - 7:32PM
Business Wire
- New COO and CM&TO
- Positions DXP for future Growth & Leadership
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced Nick
Little and Paz Maestas were appointed the new Chief Operating
Officer (COO) and Chief Marketing & Technology Officer
(CM&TO), respectfully, effective January 7, 2022.
As COO, Nick Little is responsible for providing companywide
leadership, team management and strategic vision to employees. Mr.
Little began his career with DXP eighteen years ago as an
application engineer. During his tenure, Nick has held various
roles of increasing responsibility including outside sales,
Director of Operations and more recently as the Regional Vice
President of Sales and Operations. In his new role, he will be
responsible for the execution of the strategic direction of the
Company and oversee sales, operations and inventory management and
procurement. He holds a Bachelor of Business Administration in
Finance from Baylor University.
Paz Maestas was appointed Chief Marketing and Technology
Officer. Mr. Maestas has been with DXP since 2002 and leads the
Company’s e-commerce and Omni-Channel initiatives. In his twenty
years with DXP, he has served in various roles and most recently as
Vice President of Marketing & Operations. He holds a Bachelor
of Science in Computer Science from the University of Texas at
Austin.
David Little, Chairman and CEO remarked, “DXP has an outstanding
leadership team that is the result of a focus on growing and
improving the business talent at DXP. Nick and Paz’ wealth of
company knowledge and expertise will be instrumental for DXP as we
continue to grow and invest and enhance DXP going forward. Nick is
a collaborative leader with a deep understanding of DXP’s history
and extensive experience having been around the business nearly
twenty years. With the appointments of Nick Little and Paz Maestas,
we are well positioned to take full advantage of the industry’s
recovery and transition into the long-term future.”
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and service
distributor that adds value and total cost savings solutions to
industrial customers throughout the United States, Canada and
Dubai. DXP provides innovative pumping solutions, supply chain
services and maintenance, repair, operating and production ("MROP")
services that emphasize and utilize DXP’s vast product knowledge
and technical expertise in rotating equipment, bearings, power
transmission, metal working, industrial supplies and safety
products and services. DXP's breadth of MROP products and service
solutions allows DXP to be flexible and customer-driven, creating
competitive advantages for our customers. DXP’s business segments
include Service Centers, Innovative Pumping Solutions and Supply
Chain Services. For more information, go to www.dxpe.com.
The Private Securities Litigation Reform Act of 1995 provides a
“safe-harbor” for forward-looking statements. Certain information
included in this press release (as well as information included in
oral statements or other written statements made by or to be made
by the Company) contains statements that are forward-looking. These
forward-looking statements include without limitation those about
the Company’s expectations regarding the impact of and recovery
from the COVID-19 pandemic and the impact of low commodity prices
of oil and gas; the Company’s business, the Company’s future
profitability, cash flow, liquidity, and growth. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future; and accordingly, such results may differ from those
expressed in any forward-looking statement made by or on behalf of
the Company. These risks and uncertainties include, but are not
limited to; decreases in oil and natural gas prices; decreases in
oil and natural gas industry expenditure levels, which may result
from decreased oil and natural gas prices or other factors; ability
to obtain needed capital, dependence on existing management,
leverage and debt service, domestic or global economic conditions,
economic risks related to the impact of COVID-19, ability to manage
changes and the continued health or availability of management
personnel and changes in customer preferences and attitudes. In
some cases, you can identify forward-looking statements by
terminology such as, but not limited to, “may,” “will,” “should,”
“intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” “goal,” or “continue” or the negative of
such terms or other comparable terminology. For more information,
review the Company’s filings with the Securities and Exchange
Commission. More information on these risks and other potential
factors that could affect the Company’s business and financial
results is included in the Company’s filings with the SEC,
including in the “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” sections
of the Company’s most recently filed periodic reports on Form 10-K
and Form 10-Q and subsequent filings. The Company assumes no
obligation to update any forward-looking statements or information,
which speak as of their respective dates.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220111006141/en/
Kent Yee, 713-996-4700 Senior Vice President, CFO
www.dxpe.com
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