DEERFIELD, Ill., April 17, 2015 /PRNewswire/ -- United Stationers
Inc. (NASDAQ: USTR) announced today that Timothy P. Connolly has been promoted to the
position of chief operating officer, effective immediately. He
will continue to report to P. Cody
Phipps, president and chief executive officer.
"Tim has led our office supply and janitorial businesses for the
past two years," said Mr. Phipps. "He has an outstanding track
record of delivering results and has consistently demonstrated
strong operating leadership. Tim has effectively overseen our
initiative to combine these businesses and deliver an improved
customer experience and operating cost savings. He has also
been an inspirational leader of our purpose-driven culture. In
his new role, Tim will bring his execution leadership to the entire
enterprise and accelerate our progress toward the goal of becoming
the fastest and most convenient solution for workplace
essentials. With Tim driving day-to-day execution, this will
allow me to focus additional attention on our key strategies to win
online, drive industrial growth and diversify into higher growth
and higher margin channels and categories."
Mr. Connolly was most recently the company's president, business
transformation and supply chain and, prior to that, had held
various managerial positions since his arrival in August
2003. Before joining the company, Tim was regional vice
president for Cardinal Health where he directed operations, sales,
human resources, finance, and customer service for a $1.2 billion pharmaceutical division.
Company Overview
United Stationers Inc. is a leading supplier of workplace
essentials, with 2014 net sales of $5.3
billion. The company stocks a broad assortment of over
160,000 items, including technology products, traditional office
products, janitorial and breakroom supplies, office furniture,
industrial supplies, and automotive aftermarket tools. The
Company's network of 77 distribution centers allows it to deliver
these products to approximately 30,000 reseller customers. One of
the Company's wholly owned subsidiaries is an online retailer which
sells direct to end consumers. This network, combined with United's
breadth and depth of inventory, enables the Company to ship most
products overnight to more than ninety percent of the U.S. and
major cities in Mexico and
Canada. For more information,
visit unitedstationers.com.
United Stationers common stock trades on the NASDAQ Global
Select Market under the symbol USTR.
For Further Information Contact:
Cody Phipps
President and Chief Executive Officer
or
Todd Shelton
Senior Vice President and Chief Financial Officer
(847) 627-7000
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SOURCE United Stationers