MSC Industrial just made a key promotion to help re-find its footing and grow sales and profits, naming a new president. And that includes a big push for more digital commerce.
The distributor has promoted Martina McIsaac to president and chief operating officer from her current role as executive vice president and chief operating officer. MSC Industrial distributes industrial supplies and metal-working products.
New MSC Industrial president
As president, she will continue to report to CEO Erik Gershwind. She will also oversee:
- Sales
- Marketing
- Solutions
- Supply chain
- Category management
- Supplier relations
- Sustainability
- Information technology
“This move tightens the connection and improves our ability to capture synergies between our technology functions and the operations of our business,” Gershwind says. “It also allows me to put greater focus on our long-term strategic direction and cultivating the next generation of MSC’s competitive advantage, business development, and talent development.”
McIsaac joined MSC Industrial in October 2022 following a nine-year tenure with Hilti Corp., a multinational company that develops, manufactures, and markets hardware, software, and services for the construction, building maintenance, energy, and manufacturing industries.
There, she served as region head and CEO. Prior to joining Hilti, McIsaac had a 14-year tenure with Avery Dennison, where she served in a range of sales, marketing, business development and operational roles in Mexico, Argentina, Chile, Canada, and the U.S. prior to being named vice president and general manager of its performance polymers division.
In connection with McIsaac’s promotion, her annual base salary was increased to $630,000, and she is eligible to earn an annual incentive bonus with a target amount equal to 80% of her annual base salary.
In MSC Industrial’s last fiscal year, McIsaac received total compensation of $2.025 million including a base salary of $497,115.
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