Global Industrial Co. has appointed Anesa Chaibi as its new chief executive officer, effective Feb. 17.
Anesa Chaibi, CEO, Global Industrial
Chaibi will also join the company’s board of directors. Richard Leeds, who has served as Interim CEO, will step down from the role but remain as executive chair of the board. Global Industrial is a national distributor of industrial equipment and supplies.
“Anesa is a proven senior executive with experience in B2B and industrial distribution businesses,” Leeds said. “Her business acumen and industry expertise make her the right leader to drive the company’s future growth and success.”
Chaibi expressed enthusiasm about her new role.
“Global Industrial has a unique market platform, strong customer relationships, and an exceptional team,” she said. “I am excited to guide the company as it continues to capitalize on growth opportunities.”
About the new Global Industrial CEO
Chaibi has over 30 years of executive leadership experience in the industrial B2B sector. Most recently, she served as operating partner and chief transformation officer at Coalesce Capital Management. Her previous roles include CEO positions at CoolSys, Inc., Optimas Solutions, and HD Supply Facilities Maintenance. She also held advisory and management roles at Warburg Pincus and General Electric.
Chaibi holds a B.S. in Chemical Engineering from West Virginia University and an M.B.A. from Duke University’s Fuqua School of Business.
Chaibi’s compensation package includes:
- Base Salary: $1,000,000 annually, subject to potential adjustments.
- Performance Bonus: An annual cash performance bonus target of 100% of her base salary, with a maximum potential payout of up to 160%, based on performance goals set by the board.
- Relocation Bonus: A one-time special cash relocation bonus of $500,000, subject to certain repayment conditions.
- Equity Compensation: An annual equity grant valued at no less than 125% of her base salary, consisting of:
- Stock options valued at 25% of her base salary, vesting over four years.
- Time-based restricted stock units (RSUs) valued at 50% of her base salary, vesting over four years.
- Performance-based RSUs valued 50% of her base salary, subject to a three-year cliff vesting schedule.
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