GRAINGER'S SHAREHOLDERS ELECT 12 DIRECTORS AND OTHER ANNUAL MEETING HIGHLIGHTS

Rhea-AI Summary

Grainger (NYSE: GWW) conducted its annual shareholder meeting virtually, where shareholders elected 12 directors to the board. The meeting, led by Chairman and CEO D.G. Macpherson, included several key developments:

Shareholders approved three significant proposals: the appointment of Ernst & Young LLP as independent auditor for 2025, an advisory say-on-pay resolution on executive compensation, and an amendment to eliminate cumulative voting from the Restated Articles of Incorporation.

Grainger, a leading broad line distributor operating in North America, Japan, and the United Kingdom, serves over 4.5 million customers globally. The company operates through two business models: High-Touch Solutions, offering 2 million MRO products and services, and Endless Assortment through Zoro.com and MonotaRO.com, providing access to 14 million and 24 million products respectively. The company reported revenue of $17.2 billion in 2024.

Positive

• 2024 revenue reached $17.2 billion
• Large customer base of over 4.5 million worldwide
• Extensive product offering with 2 million MRO products in High-Touch Solutions
• Strong digital presence through Zoro.com (14M+ products) and MonotaRO.com (24M+ products)
• Shareholders approved all proposed resolutions including auditor appointment and executive compensation

Negative

• None.

CHICAGO, April 30, 2025 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) held its annual meeting of shareholders virtually today. Chairman and CEO D.G. Macpherson provided a company update, which included 2024 financial and operational highlights.

Shareholders elected the following 12 directors:

Rodney C. Adkins	Neil S. Novich
George S. Davis	Beatriz R. Perez
Katherine D. Jaspon	E. Scott Santi
Christopher J. Klein	Susan Slavik Williams
D.G. Macpherson	Lucas E. Watson
Cindy J. Miller	Steven A. White

Additionally, the shareholders voted in favor of three proposals: (i) to ratify the appointment of Ernst & Young LLP as its independent auditor for the year 2025; (ii) to approve the advisory say-on-pay resolution on executive compensation; and (iii) to approve and adopt the amendment to the Restated Articles of Incorporation to eliminate cumulative voting.

About Grainger
W.W. Grainger, Inc., is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. At Grainger, We Keep the World Working^® by serving more than 4.5 million customers worldwide with products delivered through innovative technology and deep customer relationships. Known for its commitment to service and award-winning culture, the Company had 2024 revenue of $17.2 billion across its two business models. In the High-Touch Solutions segment, Grainger offers approximately 2 million maintenance, repair and operating (MRO) products and services, including technical support and inventory management. In the Endless Assortment segment, Zoro.com offers customers access to more than 14 million products, and MonotaRO.com offers more than 24 million products. For more information, visit www.grainger.com.

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SOURCE W.W. Grainger, Inc.

FAQ

What key proposals did Grainger (GWW) shareholders approve at the 2025 annual meeting?

Grainger shareholders approved three major proposals: ratifying Ernst & Young as 2025 auditor, approving executive compensation through say-on-pay, and eliminating cumulative voting in the Articles of Incorporation.

How many directors were elected to Grainger's (GWW) board in 2025?

Grainger shareholders elected 12 directors to the board during the 2025 annual meeting, including CEO D.G. Macpherson and other board members like Rodney C. Adkins and Beatriz R. Perez.

What was Grainger's (GWW) revenue in 2024?

Grainger reported revenue of $17.2 billion in 2024 across its two business models: High-Touch Solutions and Endless Assortment segments.

How many products does Grainger (GWW) offer through its Endless Assortment platforms?

Through its Endless Assortment segment, Grainger offers over 14 million products on Zoro.com and more than 24 million products on MonotaRO.com.

How many customers does Grainger (GWW) serve globally?

Grainger serves more than 4.5 million customers worldwide through innovative technology and deep customer relationships.