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Lawson Products Announces Key Leadership Transition
Cesar Lanuza Appointed as CEO of Lawson Products Operating Company CHICAGO--(BUSINESS WIRE)-- Lawson Products, Inc. (NASDAQ: LAWS) (“Lawson Products”,
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[{"type":"text","content":"\nCesar Lanuza Appointed as CEO of Lawson Products Operating Company\n\n CHICAGO--(BUSINESS WIRE)--\nLawson Products, Inc. (NASDAQ: LAWS) (“Lawson Products”, “Lawson” or the “Company\"), a best-in-class, specialty distribution holding company, today announced the appointment of Cesar Lanuza as President and Chief Executive Officer of Lawson’s operating company, and the retirement of President and Chief Executive Officer, Michael G. DeCata, effective April 4, 2022, as part of an ongoing succession plan. Mr. DeCata will transition his role through May 1, 2022, when he will also retire from his remaining positions, including as a member of Lawson’s Board of Directors and will then assume a role providing advisory services to Lawson’s board as part of a four-year agreement.\n\nJ. Bryan King, Chairman of Lawson Products, commented, “As part of our continued succession planning and search process, we are very excited to welcome Cesar Lanuza as the new President and CEO of the Lawson Products operating company. Cesar’s high energy, industry expertise, and successful track record, coupled with his customer-centric leadership style, are well-suited to take Lawson to the next level of growth and profitability. He is an excellent fit with our vision and direction following the completion of our strategic combination announced late last week.”\n\n“I am thrilled to be joining Lawson at such an exciting time for the Company and our customers,” said Mr. Lanuza. “Lawson Products is a world-class organization with strong and engaged teams, and my goal is to push the vision forward to further accelerate revenue growth and profitability. I am confident that we will continue to evolve our products, services, and capabilities to better service our customers. We have a strategic growth plan for Lawson through both organic and inorganic strategies and have a clear focus on end markets with longer-term secular growth. The strategic combination of Lawson, TestEquity and Gexpro Services opens new opportunities to increase wallet share through cross-selling, leveraging best-in-class services and expanding our digital capabilities across the platform. The future has never been brighter for Lawson Products.”\n\nMr. King continued, “On behalf of the Board, management team and Lawson employees, I want to thank Mike for his significant contributions that have ...