FORT WORTH, Texas, Jan. 16, 2013 (GLOBE NEWSWIRE) -- Allied Electronics, a trading brand of Electrocomponents plc (LSE:ECM), announced today that Lee Davidson, president of Allied Electronics, will step down, and Scott McLendon, vice president of product management and marketing, will assume the presidency.
"My role as president of Allied Electronics has been the highlight of my career," says Davidson. "Over the past 10 years, it has been very exciting being at the helm while the company experienced great milestones. From sales growth and our corporate headquarters and warehouse move to the recent implementation of a new ERP system, working with the great people at Allied has been a real joy."
Davidson joined Allied Electronics in 2002 as vice president of product management and was named president in 2005. During his tenure, Allied grew from a $180 million to a $440 million business. Davidson will assume a new role, vice president of strategic projects, for Electrocomponents, which will include assisting and developing global strategies for the business.
Scott McLendon joined Allied in 2007 as vice president of product management and marketing. Since then, he has helped build a broad portfolio of products from more than 300 suppliers.
"Lee and I have worked together for years and share a common vision for the direction of the company," comments McLendon. "Delivering a great customer experience, growing the company, and providing a safe and fulfilling place for our employees to advance their careers will remain our company focus. I am excited to assume this new position with such a great company and great employees."
About Allied Electronics
Allied Electronics is a small order, high service level distributor of electronic components and electromechanical products with over 50 sales offices across the United States and in Canada. With more than two million parts online and more than 110,000 products featured in the Allied Catalog, engineers and purchasers often look to Allied for a broad range of product solutions from over 300 world-class suppliers. Allied Electronics and RS Components are trading brands of Electrocomponents plc (LSE:ECM), the world's leading high service distributor of electronics and maintenance products headquartered in Oxford, England. www.alliedelec.com
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About RS Components
RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world's leading high service distributor of electronics and maintenance products. With operations in 32 countries, RS offers more than 550,000 products through the Internet, catalogues and at trade counters to over one million customers, shipping around 44,000 parcels a day. Products are sourced from 2,500 leading suppliers and include electronics, automation and control, test and measurement, electrical and mechanical components. Electrocomponents is listed on the London Stock Exchange, and in the last financial year, ending March 31, 2012, reported revenues of £1.27bn.
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