LONDON, UK, 3 April, 2019 – Electrocomponents plc (LSE: ECM), a global multi-channel provider of industrial and electronic products and solutions, has announced that Glenn Timms will step down as CEO of IESA and Debbie Bowring, currently Chief Operating Officer, will assume the position of President, IESA, from 1 June 2019.
Lindsley Ruth, CEO of Electrocomponents, commented: “I would like to thank Glenn for his time leading IESA and for his invaluable support during the sale and transition of the business. I am pleased to say that IESA has been smoothly and quickly integrated into the Group. Debbie is the natural successor to Glenn, having been an integral part of IESA’s growth and development to date. I am therefore delighted to welcome her to my Senior Management Team and feel confident that she is the right person to drive IESA forward at pace.”
IESA is a key part of the Electrocomponents value-added solutions proposition, offering those customers who choose to outsource their MRO and other indirect purchases and inventory management, a full-service, end-to-end solution. As part of the Group, there is significant potential to scale and internationalise the IESA business over time.
About Electrocomponents plc
Electrocomponents, through its trading brands RS Components, Allied Electronics & Automation and IESA, is a global multi-channel provider of industrial and electronic products and solutions. We offer more than 500,000 industrial and electronics products, sourced from over 2,500 leading suppliers, and provide a wide range of value-added services to over one million customers. With operations in 32 countries, we ship more than 50,000 parcels a day.
Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2018 had revenues of £1.71bn.