Anixter Promotes Eck and Letham
Anixter Promotes Eck and Letham
Jason Sandefur
Anixter International Inc. promoted Robert Eck, 49, to the newly created position of Executive Vice President – Chief Operating Officer. Eck has been with Anixter for 17 years, serving since 2004 as executive vice president Executive Vice President – Enterprise Cabling and Security Solutions. Eck also served as Senior Vice President – Integrated Supply Solutions in 2002.
Anixter also promoted Dennis Letham, 56, to the position of Executive Vice President-Finance and Chief Financial Officer. Letham has served as Anixter CFO for the past 12 years.
CEO Robert Grubbs said the promotions were necessary to handle Anixter”‘s rapid growth. Company sales have more than doubled to $4.94 billion since 2003.
Anixter has raised its fastener profile in recent months, acquiring aerospace fastener distributor Eurofast SAS of France from Lisi SA for $27 million just weeks after buying UK-based fastener distributor Total Supply Solutions Ltd. for $8 million. Anixter acquired Italian fastener distributor MFU Holding SpA in the fourth quarter of 2006, after buying IMS in May 2006 and the UK”‘s Infast in 2005. Those acquisitions contributed $191.2 million to consolidated revenue during 2006. Web: anixter.com �2007 FastenerNews.com
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