CEO Barry Litwin resigns; Executive Chairman Richard Leeds named interim CEO effective Aug 9, 2024

GLOBAL INDUSTRIAL Co

Barry Litwin resigns as CEO and board member effective Aug 9, 2024 to pursue another opportunity; no disagreement with company.
Richard B. Leeds, Executive Chairman, appointed interim CEO effective Aug 9, 2024; will receive no additional compensation.
Leeds joined company in 1982, served as Chairman and CEO from 1995 to 2016, previously President of Industrial Products Group.
Board will conduct a search for a permanent CEO to ensure a seamless transition.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Richard B. Leeds

Chief Executive Officer (interim)

GIC · GLOBAL INDUSTRIAL Co

Effective: 2024-08-09
Filed: July 11, 2024, 7:59 PM ET

On July 10, 2024 , the Company’s Board of Directors appointed Mr. Richard B. Leeds, the Executive Chairman of the Board, to serve as Chief Executive Officer on an interim basis effective August 9, 2024.

Departed

Barry Litwin

Chief Executive Officer

GIC · GLOBAL INDUSTRIAL Co

Effective: 2024-08-09
Filed: July 11, 2024, 7:59 PM ET

On July 10, 2024 , Barry Litwin, Chief Executive Officer of Global Industrial Company (the “Company”), notified the Company that he was resigning as Chief Executive Officer and a member of the Board of Directors of the Company effective August 9, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard B. Leeds was appointed as Chief Executive Officer (interim) at GLOBAL INDUSTRIAL Co.

Action: appointed
Role: Chief Executive Officer (interim)

Exact text from the filing

On July 10, 2024 , the Company’s Board of Directors appointed Mr. Richard B. Leeds, the Executive Chairman of the Board, to serve as Chief Executive Officer on an interim basis effective August 9, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Barry Litwin departed as Chief Executive Officer at GLOBAL INDUSTRIAL Co.

Action: resigning
Role: Chief Executive Officer

Exact text from the filing

On July 10, 2024 , Barry Litwin, Chief Executive Officer of Global Industrial Company (the “Company”), notified the Company that he was resigning as Chief Executive Officer and a member of the Board of Directors of the Company effective August 9, 2024.

View on SEC.gov

GLOBAL INDUSTRIAL Co filing history →

Source: SEC EDGAR

accession 0000945114-24-000042

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