We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
  • BUYER'S GUIDE
  • DIGITAL EDITIONS
Home » AD Completes Planned Transition to Member Ownership

AD Completes Planned Transition to Member Ownership

August 21, 2018
No Comments
AD-eCommerce-Solutions-Surpasses-3-Million-SKUs

AD was founded in 1981 by Bill Weisberg’s father, David Weisberg. Bill became sole owner and Chairman of the group in 1991. Under Bill’s leadership, AD expanded into seven additional wholesale industries, increased its total annual sales for the group’s members to over $35 billion and grew its net distributions to group members to more than $650 million per year.

Bill said: “One of the saddest things to witness in any industry is what happens when an independent distributor sells to a national chain. Long time suppliers, customers and employees are often negatively affected. And so, it was important to me, as a person who’s spent almost my entire career at AD, that it would transition to people and companies that highly valued our culture, people, strategy and services. I’m very pleased that AD’s members are now our owners and will directly elect AD’s Board. There’s no doubt in my mind that under their direction, the management team and I can continue to serve our members and supplier partners with great distinction and provide fulfilling work, in a positive environment, for our associates.”

Russ Visner, co-chair of the Board, Etna Distributors and chairperson of the Special Committee that led the process said: “The original plan, established many years ago, was to transition ownership to AD’s members upon Bill’s departure. However, we felt that it would be better if he was still involved when we made the move. In that way Bill could assist in the transition and continue to help our members and suppliers grow during the remaining years on his contract.”

The initial directors of the AD LLC Board are:

•          Weisberg 

•          Visner 

•          Tim Arenberg, president and CEO, Columbia Pipe & Supply

•          Martin Deschenes, vice chairman, Group Deschenes

•          Jeff Hockin, CEO, Crum Electric Supply

•          Tim Horsman, president and CEO, E.B. Horsman Company

•          Lenin Juarez, managing partner, Action Gypsum Supply, LP

•          Tammy Miller, CEO, Border States

•          Brian Peirce, president and CEO, Peirce-Phelps Inc.

•          Jeff Pope, president, F.W. Webb Company

•          Donald Slominski Jr, president and CEO, McNaughton McKay Electric Company

•          John Wiborg, president, Stellar Industrial Supply Inc.

Visit www.adhq.com.

Business Buying Groups Distributor Industry Community News Management Wholesalers & Distributors
  • Related Articles

    AD Member Sales Continue to Break Records

    AD Member Sales Expected to Surpass $40 Billion

    AD Member Sales Up 6 Percent to $26 Billion Through First Three Quarters of 2016

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • AIM/R Past President Bill Freeman, CEO, Spirit Group, Passes Away

  • GE Appliances Opens $70 Million High-Tech Water Heater Manufacturing Plant in Camden, South Carolina

  • Survey Reveals Americans Clueless but Curious About Bidets

  • Kohler Co. Announces Completion of Plumbing Products Warehouse

Featured Video

Ge video 2

GE Appliances opens new plant in Camden, SC

Industry Events

  • 06Jun

    NFPA Conference & Expo 2022

    Boston , MA
  • 07Jun

    2022 NCWA Convention

    Columbus, OH
  • 13Jun

    PVF Roundtable Golf Tournament

    TX
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw05 2022 cover
    Learn More
  • Pe05 2022 cover
    Learn More
  • Phc05 2022 cover
    Learn More
  • Es07 2020
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2022 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing