Why This Matters to Distributors: The hire adds a senior financial executive to a private equity-backed plumbing and electrical distribution platform that has completed multiple acquisitions since its formation in 2024 and shows no signs of slowing its expansion.
Park Wiseway Supply Group has named Philip Dolby chief financial officer, the company announced.
Dolby, a certified public accountant, most recently served as a vice president of accounting and finance. Over his career he has led financial systems overhauls covering internal controls, forecasting, financial reporting and acquisition integration.
“Philip brings a strategic mindset, deep financial expertise, and a clear understanding of how to create value in a complex, growth-oriented distribution business,” said Mark Christie, chief executive officer of PWSG. “His background in acquisitions, process improvement and financial data management will further support operational efficiency and informed decision-making across the organization.”
Park Wiseway Supply Group is a wholesale distributor of plumbing, electrical and lighting products operating 17 supply locations and six decorative showrooms across Alabama, Kentucky, Ohio and Indiana. The platform comprises five operating companies: Park Supply, Wiseway Supply, Plumbers Wholesale Supply, Stearns Supply and Northport Electrical Supply.
CID Capital, an Indianapolis-based private equity firm, formed the platform in March 2024 by merging two of its portfolio companies — Wiseway Supply, founded in 1972 and headquartered in Florence, Kentucky, and Park Supply, founded in 1963 and headquartered in Huntsville, Alabama.
Since the merger, PWSG has added to the platform through acquisition. The company acquired Northport Electrical Supply, a full-line electrical distributor based in Northport, Alabama, with more than 35 years of operating history, expanding its footprint in the Tuscaloosa market. In May 2025, PWSG also joined the AD Plumbing and Decorative Brands Groups.
Dolby’s appointment is the first named CFO for the combined platform, which has been operating without a publicly identified finance chief since the 2024 merger. Christie characterized the hire as central to the company’s next phase. “Philip’s collaborative approach and focus on aligning financial strategy with organizational objectives will be instrumental as PWSG continues to grow,” he said.
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