On Feb. 15, Sonepar subsidiary Sonepar USA announced that Mike Smith, its Senior Vice President of Business Relationship Management and Data Insights, and Scott Schuenke, its VP of Strategic Development and Integration Management, will retire in June.
Schuenke began his career at Viking Electric in marketing before moving to Sonepar USA as VP of Marketing and Communications, and he most recently held the position of VP of Strategic Development for North America.
“The freedom to try new things, to learn, gain exposure to a global perspective, the strong sense of entrepreneurship, the great people around the world (many who are my close friends), and the opportunity to be innovative, creative and to stand on the shoulders of colleagues who have accomplished incredible things has been an extraordinary thing to be part of,” Schuenke said. “It’s been a gift to be a part of the Sonepar organization.”
Smith started at Roden Electric before moving to Eclipse, where he helped create and promote ERP and digital solutions. In 2006, he joined OneSource Distributors and became President by the time Sonepar acquired OneSource. In 2016, Smith became Chief Information Officer and VP of Operations and Logistics for Sonepar USA.
“It’s incredibly rewarding to build what’s needed to make people’s lives better, which was my mandate at both OneSource and Sonepar,” Smith said. “I was given great freedom above and beyond my job description to go and solve problems for associates, customers, and the overall business every single day. I worked with an incredibly talented team, saw the world, and helped build a foundation that can scale.”
Sonepar ranked No. 2 on MDM’s 2022 Top Distributors List for Electrical Distributors.
MDM’s M&A Virtual Summit, to be held Feb. 22-23, has something to offer for any distributor on the dealmaking spectrum. We’ll cover the current state of M&A; how to maximize valuation; integration do’s and don’ts; ESOPs; the culture side of the M&A process; and more. Get details and register here.
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