Global Industrial Company (NYSE:GIC), Port Washington, N.Y., announced CEO Barry Litwin is departing to pursue another opportunity. Global Industrial Company is a national distributor of industrial products and MRO supplies.
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The Board of Directors has appointed Richard B. Leeds, Executive Chairman of the Board, as Interim CEO. Leeds previously served as CEO, as well as president of the company’s Industrial Products Group.
The transition is effective Aug. 9, 2024.
“It has been a privilege to lead Global Industrial over the last nearly six years,” said Litwin. “I am proud of the achievements we have accomplished together, from digital transformation to maintaining our paramount focus on the customer. The Global Industrial team has my complete confidence to continue successfully executing on our strategy going forward.”