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Hagemeyer names new CEO, relocates HQ

Staff -- Industrial Distribution, 6/1/2003

ATLANTA — Hagemeyer North America named David Gabriel its new CEO and will move top management to Charleston, S.C., in a cost-cutting shakeup.

Former CEO David Gundling, who Hagemeyer said decided not to relocate to Charleston, will remain a member of the firm's board of directors. Gabriel, who previously oversaw Hagemeyer's Canadian and Mexican operations, took over on May 12, with responsibility for U.S. operations as well.

In addition, Hagemeyer COO for U.S. operations James Warren will retire at the end of the year. He is the former CEO of Charleston-based Cameron & Barkley Co.

Hagemeyer announced the moves to its suppliers May 7. In a public statement issued a few days later, the company said, "In response to the current and forecasted business environment we have decided to consolidate the headquarters staff of Hagemeyer North America with the management responsible for our operations in the United States. The joint management team will be located in Charleston.

"This move is driven by the need to immediately align operating and overhead expenses with our projected revenue base."

Prior to joining Hagemeyer, Gabriel was senior vice president and general manager, North America After Markets, for Tenneco Automotive. Before joining Tenneco in 1995 he spent 11 years with Pepsi Cola Co. in various positions related to marketing, manufacturing and supplier development.

Hagemeyer said Gabriel's appointment "was prompted by Gundling's personal decision not to relocate to Charleston" from Atlanta.

"We wish to thank David for his strong commitment and valuable contribution in the establishment and management of Hagemeyer NA, including leading the integration of the three legacy companies into one HNA Organization," the company said.

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