Klein brings extensive leadership experience
in growth strategies and understanding of customer and market
dynamics
CHICAGO, Dec. 13,
2023 /PRNewswire/ -- Grainger (NYSE: GWW), a leading
broad line distributor of maintenance, repair and operating (MRO)
products serving businesses and institutions, today announced the
appointment of Chris Klein to its
Board of Directors, effective December 13,
2023.
Until retiring in December 2020,
Mr. Klein, age 60, most recently served as Executive Chairman and
Chief Executive Officer for Fortune Brands Home and Security, a
manufacturer of home and security consumer products and spinoff of
Fortune Brands, Inc. His broad background includes corporate
strategy development, mergers and acquisitions, and capital
allocation, as well as consumer branding, marketing and
distribution.
Prior to joining Fortune Brands, Inc., Klein held key strategy
and leadership positions at Bank One Corporation and spent eight
years at McKinsey & Company as a partner in the Financial
Institutions Group. He also was a Managing Director for Internet
Capital Group where he helped develop early-stage technology
companies across North America and
Europe.
"Chris is a committed, high-caliber leader with a proven track
record of successfully running complex organizations," said D.G.
Macpherson, Chairman and CEO, Grainger. "We welcome Chris to the
Board of Directors and look forward to seeing how his deep and
diverse experience and understanding of customer and market
dynamics will positively impact Grainger as well as the businesses
and institutions we are privileged to serve."
Mr. Klein holds a Bachelor of Business Administration in Finance
from the University of Iowa and a
Master of Business Administration from Northwestern University.
With this appointment, Grainger now has 13 members on its Board
of Directors.
About Grainger
W.W. Grainger, Inc., with 2022 sales of $15.2 billion, is a leading broad line
distributor with operations primarily in North America, Japan and the United
Kingdom. Grainger achieves its purpose, We Keep the World
Working®, by serving more than 4.5 million customers worldwide with
innovative technology and deep customer relationships. The Company
operates two business models. In the High-Touch Solutions segment,
Grainger offers more than 2 million maintenance, repair and
operating (MRO) products and several services, such as technical
support and inventory management. In the Endless Assortment
segment, Zoro.com offers customers access to more than 11
million items, and MonotaRO.com provides more than 20
million items. For more information,
visit invest.grainger.com.
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SOURCE W.W. Grainger, Inc.