Global Industrial Company (GIC) has provided an announcement.
Barry Litwin has stepped down as CEO of Global Industrial Company, with his departure effective from August 9, 2024. His resignation bears no ill-will towards the company’s operations or practices. Richard B. Leeds, with a long-standing history at the company since 1982 and familial ties within the board, will take over as interim CEO with no extra pay during the transition. This change in leadership has been publicly announced, aiming to assure stakeholders of the company’s stable governance during the search for a new CEO.
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