Electrical and industrial supplies distributor Graybar announced the retirement of its Senior Vice President of Sales, David Maxwell, who will leave the company on June 1 after nearly four decades of service to the company.
Maxwell joined St. Louis-based Graybar in 1985 as a Financial Manager in San Francisco. After progressing through the financial management ranks, he was named Branch Manager in South San Francisco. He then served as General Manager for the San Francisco International team and as Director of International Sales for the company. Maxwell became VP of Comm/Data Sales in 2001 and was promoted to California District VP in 2003. In 2013, he was elected to Graybar’s Board of Directors and was promoted to Regional VP in 2015. He was named to his current position of SVP of Sales in 2017.
Besides Graybar, Maxwell has helped advance the electrical distribution industry by serving on the board of the National Association of Electrical Distributors (NAED) and as chair of its National Education and Research Foundation board. He also served as VP of NAED’s Western Region Council. In 2020, he received the NAED Distinguished Distributor Award for his many contributions to the industry.
“Throughout his career, Dave has demonstrated strong leadership, a passion for growth and a relentless focus on helping Graybar and our customers succeed,” Graybar Chairman, President and CEO Kathleen Mazzarella said in a March 18 news release. “We are grateful to Dave for everything he has done for Graybar and the industry. While we will miss him, we congratulate him on his upcoming retirement and wish him all the best as he begins this new chapter.”
In sharing its 2023 full year financial results on March 14, Graybar reported that its 2023 net sales increased 4.8% vs. 2022 to a record $11.0 billion, while net income of $463.4 million was likewise a company record that increased 2.3%.
On MDM’s 2023 Top Distributors Lists, Graybar charted at No. 3 for electrical, data & security distributors and No. 20 for industrial supplies distributors.
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