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

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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.

Grainger (NYSE: GWW) ha tenuto la sua assemblea annuale degli azionisti in modalità virtuale, durante la quale sono stati eletti 12 membri del consiglio di amministrazione. L'incontro, guidato dal Presidente e CEO D.G. Macpherson, ha visto diversi sviluppi importanti:

Gli azionisti hanno approvato tre proposte rilevanti: la nomina di Ernst & Young LLP come revisore indipendente per il 2025, una risoluzione consultiva sul compenso degli executive e una modifica per eliminare il voto cumulativo dagli Statuti aggiornati.

Grainger, principale distributore a linea ampia attivo in Nord America, Giappone e Regno Unito, serve oltre 4,5 milioni di clienti a livello globale. L’azienda opera con due modelli di business: High-Touch Solutions, che offre 2 milioni di prodotti e servizi MRO, e Endless Assortment attraverso Zoro.com e MonotaRO.com, con accesso rispettivamente a 14 milioni e 24 milioni di prodotti. Nel 2024, ha registrato un fatturato di 17,2 miliardi di dollari.

Grainger (NYSE: GWW) llevó a cabo su reunión anual de accionistas de forma virtual, donde se eligieron 12 directores para la junta. La reunión, dirigida por el Presidente y CEO D.G. Macpherson, incluyó varios desarrollos clave:

Los accionistas aprobaron tres propuestas importantes: la designación de Ernst & Young LLP como auditor independiente para 2025, una resolución consultiva sobre la compensación ejecutiva y una enmienda para eliminar la votación acumulativa de los Estatutos Reformulados.

Grainger, un distribuidor líder de línea amplia que opera en Norteamérica, Japón y Reino Unido, atiende a más de 4.5 millones de clientes a nivel mundial. La empresa opera con dos modelos de negocio: High-Touch Solutions, que ofrece 2 millones de productos y servicios MRO, y Endless Assortment a través de Zoro.com y MonotaRO.com, con acceso a 14 millones y 24 millones de productos respectivamente. La compañía reportó ingresos de 17.2 mil millones de dólares en 2024.

Grainger (NYSE: GWW)는 연례 주주총회를 온라인으로 개최하여 이사회에 12명의 이사를 선출했습니다. D.G. Macpherson 회장 겸 CEO가 주재한 이번 회의에서는 여러 주요 사안들이 다뤄졌습니다:

주주들은 2025년 독립 감사인으로 Ernst & Young LLP 선임, 경영진 보상에 관한 권고적 의결권, 그리고 정관 개정안 중 누적투표제 폐지 제안을 승인했습니다.

Grainger는 북미, 일본, 영국에서 운영되는 선도적인 종합 유통업체로, 전 세계 450만 명 이상의 고객에게 서비스를 제공합니다. 회사는 두 가지 비즈니스 모델로 운영됩니다: 2백만 개의 MRO 제품과 서비스를 제공하는 High-Touch Solutions와 Zoro.com 및 MonotaRO.com을 통한 각각 1,400만 개 및 2,400만 개 제품에 접근 가능한 Endless Assortment입니다. 2024년 매출은 172억 달러를 기록했습니다.

Grainger (NYSE : GWW) a tenu son assemblée annuelle des actionnaires virtuellement, où 12 administrateurs ont été élus au conseil d'administration. La réunion, dirigée par le président et CEO D.G. Macpherson, a comporté plusieurs développements clés :

Les actionnaires ont approuvé trois propositions importantes : la nomination d'Ernst & Young LLP en tant qu'auditeur indépendant pour 2025, une résolution consultative sur la rémunération des dirigeants, et une modification visant à supprimer le vote cumulatif des statuts mis à jour.

Grainger, distributeur leader à large gamme opérant en Amérique du Nord, au Japon et au Royaume-Uni, dessert plus de 4,5 millions de clients dans le monde. La société fonctionne selon deux modèles commerciaux : High-Touch Solutions, offrant 2 millions de produits et services MRO, et Endless Assortment via Zoro.com et MonotaRO.com, donnant accès à 14 millions et 24 millions de produits respectivement. L'entreprise a déclaré un chiffre d'affaires de 17,2 milliards de dollars en 2024.

Grainger (NYSE: GWW) veranstaltete seine jährliche Hauptversammlung virtuell, bei der 12 Direktoren in den Vorstand gewählt wurden. Die Sitzung, geleitet von Vorsitzendem und CEO D.G. Macpherson, beinhaltete mehrere wichtige Entwicklungen:

Die Aktionäre stimmten drei bedeutenden Vorschlägen zu: der Ernennung von Ernst & Young LLP als unabhängiger Wirtschaftsprüfer für 2025, einer beratenden Abstimmung zur Vergütung der Führungskräfte und einer Änderung zur Abschaffung des kumulativen Stimmrechts in den neu gefassten Satzungen.

Grainger, ein führender breit aufgestellter Distributor in Nordamerika, Japan und Großbritannien, bedient weltweit über 4,5 Millionen Kunden. Das Unternehmen arbeitet mit zwei Geschäftsmodellen: High-Touch Solutions, das 2 Millionen MRO-Produkte und -Dienstleistungen anbietet, sowie Endless Assortment über Zoro.com und MonotaRO.com, mit Zugang zu 14 Millionen bzw. 24 Millionen Produkten. Für 2024 meldete das Unternehmen einen Umsatz von 17,2 Milliarden US-Dollar.

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.

Cision View original content:https://www.prnewswire.com/news-releases/graingers-shareholders-elect-12-directors-and-other-annual-meeting-highlights-302442917.html

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.
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