watch
Electrocomponents Plc

Electrocomponents Plc

Sector: Catalog And Mail-order Houses Region: United Kingdom


: | London Stock Exchange: ECM | OTC Markets: EENEY


Electrocomponents is the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping around 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.
The business satisfies the small quantity needs of its customers who are typically electronics design engineers, machine and panel builders or maintenance engineers in business. A large number of high quality goods are stocked, which are despatched the same day that the order is received. The average customer order value is around £150 although the range of order values is wide. The Group’s customers come from a wide range of industry sectors with diverse product demands.
RS Components and Allied Electronics are the trading brands of Electrocomponents plc. The Group is listed on the London Stock Exchange and in the last financial year ended 31 March 2015 had revenues of £1.27bn.

Latest Media

Warning! Third-party cookies must be enabled to view SlideShare presentations. ×

Having trouble?

Half-Year Results FY16

Electrocomponents Plc video

Half-Year Results FY16

Electrocomponents Plc video

Introduction to DesignSpark

Electrocomponents Plc video

Full-year Results 2015: Simon Boddie’

Electrocomponents Plc video

Full-year Results 2015: Lindsley Ruth

Electrocomponents Plc video

Half-year Results FY15 - Ian Mason and Simon Boddie

Electrocomponents Plc video

Half-year Results FY14: Ian Mason and Simon Boddie

Electrocomponents Plc video

Full-year Results 2014: Ian Mason and Simon Boddie

Executives

Lindsley Ruth, Chief Executive Officer
Lindsley Ruth is Group Chief Executive of Electrocomponents. He joined the Group in April 2015. Prior to Electrocomponents, Lindsley was Executive Vice President of the Future Electronics Group of companies, the fourth largest electronics distributor in the world with a global turnover of over $5bn. He was a key member of the core leadership team which transformed the organisation’s performance and expanded its global reach.
Before joining Future in 2002, Lindsley held senior positions with TTI Inc and Solectron Corporation.
Lindsley has both a BSc in Engineering (Industrial Distribution) and a Masters in Business Administration from Texas A&M University.
Kurt Colehower, President, RS Private Label
Kurt Colehower is responsible for the RS-branded product range around the world. This includes developing a strategy to grow the size and reach of the portfolio to further the benefits it offers to both customers and suppliers.
Kurt has extensive experience in developing and executing growth strategies and driving operational excellence in manufacturing and distribution in the industrial and technology sectors.
Before joining Electrocomponents in 2015, Kurt was Corporate Vice President and President of the Americas Components Group of Arrow Electronics, where he led the Americas region of Arrow’s Global Components business. This included responsibility for Arrow’s three global business units and the development and implementation of Arrow’s global internet strategy. He also held senior positions, including Senior Vice President and President, Europe, at Solectron Corporation.
Kurt holds an MA from Stanford University and an MBA from IMD in Lausanne, Switzerland.
Phil Cook, Chief Information Officer
Phil Cook is Chief Information Officer at Electrocomponents. He has responsibility for the development and implementation of the Group’s IT strategy, which includes ensuring the business has the right tools, technologies and infrastructure in place to support its operating model.
Prior to Electrocomponents, Phil was Group Chief Information Officer at British American Tobacco (BAT), where he developed the IT strategy for the Group which spans 180 countries and 55,000 employees. His previous roles include Vice President and Chief Information Officer for Brown and Williamson Tobacco and European IT Manager at Honda.
Klaus Göldenbot, President, RS Industrial
Klaus Göldenbot has global responsibility for RS Industrial, the industrial division of RS Components. Previously, he was Global Sales Director, responsible for building the Group’s sales and customer service organisation.
Klaus joined Electrocomponents in January 2001 as GM, Product Management for Europe and was swiftly promoted to GM, Product Management for the Group. In August 2002, Klaus was appointed GM, RS UK before being promoted to Regional General Manager, EMEA. In this role he was responsible for developing and implementing the ‘One Europe’ strategy, which enabled, amongst other key changes, a common marketing approach across the region.
Prior to joining Electrocomponents, Klaus spent nine years at Adolf Würth GmbH & Co., one of Germany’s top 30 companies, where he held senior positions in sales and marketing and strategic management.
Klaus is co-author of a number of business publications on the topics of ‘benchmarking’ and ‘CI’. He has a BA in European Business, English and French, and an MBA in Marketing and Management from Kelley School of Business, Indiana University.
Klaus enjoys participating in equestrian sports. He has also written and published a number of books about ballet dance and used to host a talk show with international stars from the world of performing arts.
Ian Haslegrave, Company Secretary and General Counsel
Ian Haslegrave is Company Secretary and General Counsel at Electrocomponents. He has global responsibility for corporate governance covering the legal, risk, indirect procurement, pensions, and company secretarial functions.
Ian has driven several key initiatives across the Group and had a significant role in the changes to the Group's pension arrangements.
Prior to joining Electrocomponents in 2006, Ian was International Legal Director at Viacom Outdoor. Previously, he held senior positions at United Biscuits and Freshfields Bruckhaus Deringer.
Mikael Malm, Chief Supply Chain Officer
Mikael Malm is responsible for the ongoing development of the Group’s supply chain, ensuring Electrocomponents continues to leverage its global scale in a safe and sustainable way to provide customers with an industry-leading service.
Mikael has over 25 years’ experience in global sales, manufacturing, supply chain and sourcing, incorporating general management, operations and strategic development across a range of multinational companies. Before joining Electrocomponents, he was Chief Operation Officer and Executive Vice President at Efore Oyj, a leading company developing and manufacturing customised and standard power products for electronics.
Previously, Mikael was Director Supply Chain Management at Huawei, Head of Sourcing and Supply at Ericsson Saudi Arabia and General Manager of Consilium Fire & Gas Production.
Scott McLendon, President, Allied Electronics
Scott McLendon is President of Allied Electronics, the Group’s business in North America.
Scott joined Allied in 2007 as Vice President of Product Management & Marketing to lead the product management, catalogue and marketing teams. He succeeded Lee Davidson as Allied President in April 2013.
Prior to Allied, Scott worked with Phoenix Contact in Harrisburg, Pa., as the National Sales Manager in 1996. He held various leadership positions, culminating in Vice President & General Manager USA in 2004. During his decade with Phoenix Contact, annual U.S. sales grew an average of 20 percent. From 1986 to 1996, Scott held various sales and sales management positions with: Siemens Energy & Automation in Denver, Colo. and San Diego, Calif.; Bussmann in Columbia, S.C.; and Honeywell in Charlotte, N.C.
Scott earned a BS in Electrical Engineering and an MBA from the University of South Carolina. He was born and raised in Columbia, S.C.
Chris Page, President, RS Electronics
Chris Page holds global responsibility for RS Electronics, the electronics division of RS Components. Previously, he was Global Offer Director, where he was tasked with the Group’s product and stock management, pricing and supply chain activities.
Chris joined Electrocomponents in 2009 as General Manager Electronics where he was pivotal in the development of the Group's electronics business. This included the introduction of unprecedented levels of new products and lines into the electronics portfolio and bringing multiple compelling technical marketing initiatives to customers.
Previously, Chris was President EMEA and Senior Vice President of Memec worldwide. In total he spent 16 years at Memec and its subsidiaries, where he held a number of senior management roles. Chris has a long history of successfully driving sales growth, improving EBITDA as a percentage of sales and improving return on capital employed.
Chris has a BA (Hons) Business Studies degree from Teeside University and attended the Graduate School of Business at Stanford University.
Paul Quested, Chief Corporate Development Officer
Paul Quested is Chief Corporate Development Officer for Electrocomponents. He has responsibility for developing, planning, supporting and driving the delivery of the Group’s business strategy. This includes aligning the organisation and facilitating transformation across the business through strategic planning, change management and governance.
Paul was previously Global Strategy Director and before this General Manager for RS UK, where he was responsible for maintaining UK profitability. He joined RS Components in January 2007 as Head of Finance.
Prior to RS, Paul held a number of positions during his 10 year tenure at InBev, including PPM Director reporting to the Supply Chain Vice-President Western Europe. Prior to this he was the Audit Manager of FTSE 100 companies at Coopers & Lybrand.
Alexander von Schirmeister, Chief Innovation Officer
Alexander von Schirmeister is responsible for both Digital and IT across Electrocomponents, with a primary remit to further enhance and grow the company’s eCommerce offering to ensure customers have a world-class online experience, while ensuring the technology platform continues evolving at pace for the business needs of the future.
Alexander has wide-ranging digital and international experience. He spent ten years in senior management positions at eBay, culminating in Vice President of eBay EMEA, and has deep knowledge of working in complex global digital environments, understanding online customers and how to meet their rapidly changing needs through technology and innovation.
He joined eBay in 2004 as Marketing Director, based in Paris, before becoming General Manager for eBay France and then CMO eBay in Europe. During his time he was a key contributor to eBay's conversion from a C2C auction site to a multichannel marketplace for brands and retailers.
Prior to eBay, he held roles at Telefonica in Madrid, Booz Allen & Hamilton in London, and Procter & Gamble in Mexico.
Alexander has a Bachelor of Science in International Business from Georgetown University and an MBA from INSEAD.
Ian Watson, Chief HR Officer
Ian Watson is Chief HR Officer at Electrocomponents. HR’s vision is to create the conditions for high performance in the business. Ian holds responsibility for building an effective organisation and ensuring the business has the right skills and culture it needs to deliver the Group strategy.
Ian joined Electrocomponents in 2004 as General Manager HR and was responsible for reward, leadership and organisation development. Ian has led a major culture change across the Group through the introduction of global behaviours, underpinned by performance management and reward structures. He led the global reorganisation of the company in 2012.
Before joining Electrocomponents, Ian held senior roles with Vodafone plc, including General Manager Vodafone Scotland, Business Integration Director, responsible for integrating key acquisitions, and HR Director Sales and Distribution. Prior to this, Ian was HR Director for the Thomas Cook Group, a worldwide travel business.
Ian holds a Bachelor of Arts degree in Economics from Leeds University. He is also a Fellow of the Chartered Institute of Personnel and Development.

News & Analysis