CHICAGO, Jan. 14, 2020 /PRNewswire/
-- Grainger (NYSE: GWW), the leading broad line supplier
of maintenance, repair and operating (MRO) products serving
businesses and institutions, today announced that David Rawlinson, Senior Vice President and
President, Grainger Online Business, will be leaving the company
effective February 1, 2020, to become
the CEO of a newly formed public company. Rawlinson joined Grainger
as Vice President, Deputy General Counsel and Corporate Secretary
in 2012, and progressively expanded his experiences, taking on
leadership of the online business in 2015.
"We congratulate David on his opportunity and wish him well in
his future endeavors," said DG Macpherson, Grainger Chairman
and CEO. "The online portfolio has strong leadership and a talented
team that is driving solid performance. We are working through
our succession plan and expect to make an announcement shortly. I'm
confident MonotaRO and Zoro will continue their successful growth
by expanding the product line and adding more customers."
Grainger's online portfolio includes MonotaRO in Japan and Zoro in Europe, the United
Kingdom and the United
States. MonotaRO and Zoro make purchasing easy through a
streamlined and transparent online relationship that provides
access to everything a customer needs. In 2018, the online
portfolio revenue grew by 24 percent to $1.5
billion. And over the last four years, the portfolio has
profitably grown revenue at a compound annual rate of 26
percent.
The leaders of the Zoro and MonotaRO businesses will operate
under Macpherson's leadership until a successor is named.
About Grainger
W.W. Grainger, Inc., with 2018 sales of
$11.2 billion, is North America's leading broad line supplier of
maintenance, repair and operating products (MRO), with operations
also in Europe, Asia and Latin
America.
Follow Grainger on Twitter, Facebook and LinkedIn.
Subscribe to Grainger's newsroom to receive the latest
news.
View original
content:http://www.prnewswire.com/news-releases/grainger-announces-leadership-change-in-online-business-300986291.html
SOURCE W.W. Grainger, Inc.