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REXEL: BRIAN MCNALLY APPOINTED AS EXECUTIVE VICE PRESIDENT AND CEO REXEL NORTH AMERICA AS OF AUGUST 1ST, 2014

PARIS, July 24, 2014 (GLOBE NEWSWIRE) -- Rexel announces today the appointment of Brian McNally to the newly-created position of Executive Vice President and CEO of Rexel North America, effective August 1st, 2014.

In this role, Brian McNally will become a member of Rexel's Executive Committee and be in charge of Rexel's operations in North America, encompassing both the US and Canadian businesses, which represent about one-third of the Group's total sales.

This leadership change will reinforce and strengthen Rexel's organization and management in North America. It comes in the wake of the previously announced decision by Executive Vice President and CEO of Rexel Holdings USA Christopher Hartmann to leave the company, as well as Jeff Hall's recent decision to retire as Senior Vice President and CEO of Rexel Canada Electrical Inc., after 21 years with the company. Both Chris Hartmann and Jeff Hall were members of Rexel's Executive Committee.

Brian McNally's appointment reinforces Rexel's commitment to create the leadership conditions to further accelerate the business transformation and to leverage synergy and scale across North America, and to drive the execution of Rexel's Energy in Motion strategy through enhanced customer centricity and organizational effectiveness for profitable organic and external growth.

Brian McNally joins Rexel from Arrow Electronics Inc., a global provider of electronic products, services and solutions for industrial and commercial end-users of electronic components and enterprise computing solutions, with USD21bn of sales in 2013. McNally worked for Arrow Electronics for over 30 years in a variety of leadership positions in both the United States and Europe.

Rudy Provoost, Chairman and CEO of Rexel, said: "I am delighted that Brian McNally has decided to join Rexel to head our North American operations. Brian has a proven track record in building and transforming businesses and brings a wealth of experience as a senior leader and top executive in the field of distribution."

Biography

Brian McNally was, until recently, Senior Vice President, Marketing and Asset Global Components at Arrow Electronics, where he worked for over 30 years in a variety of positions in both the United States and Europe. Previously, his Arrow experience included President of Arrow Specialty Business, President of Arrow EMEA, based in Germany, where he conducted the transformation of a $4billion European business, President of Global Alliance and Supply Chain, and President of North America Components, after an early experience as Managing Director Northern Europe, based in the UK. Mr. McNally has an MBA from the University of Michigan, Ann Arbor and a BBA in Production Operations.

About Rexel Group

Rexel, a global leader in the professional distribution of products and services for the energy world, addresses three main markets - industrial, commercial and residential. The Group supports customers around the globe, wherever they are, to create value and run their businesses better. With a network of some 2,300 branches in 38 countries, and c. 30,000 employees, Rexel recorded sales of €13 billion in 2013.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is included in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, and STOXX600. Rexel is also part of several SRI indices including the DJSI Europe and the FTSE4Good Europe & Global. For more information, visit Rexel's web site at www.rexel.com

CONTACTS

INVESTOR RELATIONS

Marc MAILLET +33 1 42 85 76 12 marc.maillet@rexel.com
Florence MEILHAC +33 1 42 85 57 61 florence.meilhac@rexel.com

PRESS

Pénélope LINAGE +33 1 42 85 76 28 penelope.linage@rexel.com
Karolina ADAMKIEWICZ +33 1 42 85 76 39 karolina.adamkiewicz@rexel.com
Thomas KAMM (Brunswick Group) +33 1 53 96 83 92 tkamm@brunswickgroup.com

Brian McNally appointed as Executive Vice President and CEO http://hugin.info/143564/R/1835479/637745.pdf

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Source:REXEL