The Future of Electrocomponents … is in MRO?

Electrocomponents PLC has the potential to become a $10 billion enterprise within the next 10 years but to achieve this lofty goal, the U.K.-based distributor must venture outside the electronic components market and put down big stakes in the larger maintenance, repairs and operations (MRO) market. CEO Lindsley Ruth set the stage for Electrocomponents’ transformation…

Electrocomponents Appoints New President for Allied Electronics

Electrocomponents plc (LSE: ECM), the global distributor for engineers, has announced the appointment of Steve Newland as President, Allied Electronics. He will join Electrocomponents on 7 February as a member of the Executive Management Team, reporting directly to CEO Lindsley Ruth. As President, Steve will be responsible for driving transformational and profitable growth in the…

Electrocomponents: Stabilized, Growing and Ready for Acquisitions

Electrocomponents PLC is getting closer to where Lindsley Ruth wants the company to be when he joined as group CEO nearly 18 months ago. Last week, the electronics components distributor announced financial results that appear to justify a recent management overhaul, product realignment and other strategic reorganization actions initiated in mid-2015. Analysts, shareholders and other…

Electrocomponents: Private Label ‘Vision is Clear’

The growing popularity of own-brand products has been a powerful trend across the B2C world over the last decade and we have seen the development and marketing of own brands increase in sophistication. This same trend is now developing in the B2B market, resulting in a significant opportunity for growth. Lindsley Ruth joined Electrocomponents as…

Electrocomponents Outlines Reorganization Actions, Goals

Delivering on a promise made six months ago, Electrocomponents PLC has announced a series of cost-control and reorganization actions aimed at restoring growth at the components distributor and revitalizing its operations across the globe. The measures range from previously announced new management appointments to the closure of some facilities in Asia and the realignment of…

Lindsley Ruth: From Now it’s ‘Customer First’ at Electrocomponents

Lindsley Ruth is recruiting at Electrocomponents Plc but only visionary executives prepared to do whatever it will take to exceed customer expectations should apply. Several months into his tenure as Group CEO of the British components distributor, Ruth is casting his eyes over the industry landscape, searching for inspired leaders who can help re-energize the…

Electrocomponents: 4 Steps to Unleashing its Potentials

In November Lindsley Ruth will unveil his vision for Electrocomponents Plc and outline the actions he is taking to energize the company, improve sales and gain market share. Ruth declined to discuss details of his plans during an interview but the measures will most likely be far-reaching and could include a major overhaul of the…