GLENVIEW, Ill. Feb. 18, 2011 Dennis J. Letham June 2011
July 1, 2011 January 2009 North America
In discussing his upcoming retirement, Mr. Letham said, "During my 18-year tenure at Anixter, the company has experienced tremendous change and success, and I am proud of the role the finance organization has played in that success. The company, through a rigorous succession planning process and continuity in key finance positions, is well positioned for the future and to support continued growth."
Mr. Eck continued, "Ted brings many years of increasing responsibilities and successful leadership with large, complex international financial organizations to his new role at Anixter. I want to thank Dennis for his years of service and commitment to Anixter. During his tenure the company has seen tremendous growth in sales, profitability and shareholder returns. Under Dennis’ outstanding leadership, the company developed an effective balance in capital structure, capital allocation and internal controls that helped to serve as the foundation of the company’s global growth platform from both an organic and acquisition perspective."
$1.0 billion Chicago
Safe Harbor Statement
The statements in this news release that use such words as "believe," "expect," "intend," "anticipate," "contemplate," "estimate," "plan," "project," "should," "may," "will," or similar expressions are forward-looking statements. They are subject to a number of factors that could cause the company’s actual results to differ materially from what is indicated here. These factors include general economic conditions, including the severity of current economic and financial market conditions, the level of customer demand particularly for capital projects in the markets we serve, changes in supplier sales strategies or financial viability, political, economic or currency risks related to foreign operations, inventory obsolescence, copper price fluctuations, customer viability, risks associated with accounts receivable, the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, potential impairment of goodwill and risks associated with integration of acquired companies. These uncertainties may cause our actual results to be materially different than those expressed in any forward looking statements. We do not undertake to update any forward looking statements. Please see the company’s Securities and Exchange Commission filings for more information.
Additional information about Anixter is available on the Internet at www.anixter.com
SOURCE Anixter International Inc.