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Essendant Names Richard Phillips Interim President And CEO

Essendant announced today that Richard  Phillips, Essendant's Group President of Industrial, has been appointed interim President and Chief Executive Officer, effective immediately.

Phillips succeeds Robert B. Aiken, Jr., who has resigned as President and CEO and as a Director to pursue an opportunity outside the Company. The Board has formed a search committee and has retained an independent search firm to assist in the process of selecting a permanent CEO.

"Ric has demonstrated exceptional leadership in key growth areas since joining Essendant in 2013, including guiding the expansion of our ecommerce relationships and driving improved performance in Industrial. We are pleased he has agreed to serve as interim President and CEO," said Charles Crovitz, Essendant's Chairman of the Board.

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