Martin Supply Appoints Steve McClanahan as Chief Financial Officer

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FOR IMMEDIATE RELEASE

Martin Supply Appoints Steve McClanahan as Chief Financial Officer

November 9, 2023

(FLORENCE, AL) – Martin Supply, one of the nation’s leading providers of custom tailored solutions for maintenance, repair, operation, and production supplies, is pleased to announce the appointment of Steve McClanahan as its new Chief Financial Officer (CFO).

Steve brings with him a wealth of experience, having spent the past 25 years at ANConnect, formerly Anderson Merchandisers, an $800 million wholesale distribution company. While at ANConnect, Steve held several executive management positions, including CFO and COO. Notably, he played a pivotal role in overseeing 13 merger and acquisition projects, with a combined estimated value of $350 million, contributing significantly to the company’s growth and success.

Steve holds a Master of Business Administration from Tulane University and a B.S. degree in Management and Marketing from the University of North Alabama. In addition, he is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants, showcasing his commitment to maintaining the highest standards of financial expertise.

Martin’s Co-CEOs, Douglas and David Ruggles, expressed their enthusiasm for the new appointment, saying, “We are pleased to welcome Steve to the Martin team. His impressive track record and extensive knowledge in finance and operations will undoubtedly strengthen our leadership team and help us navigate the exciting growth opportunities ahead.”

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About Martin, Inc.

Founded in 1934 and headquartered in Florence, AL, Martin Inc. is one of the nation’s leading providers of custom-tailored solutions for maintenance, repair, operation and production supplies (MROP) to the industrial and construction markets. Martin offers a wide variety of products and services in Industrial, Safety, Integrated Supply, and Fastening – all uniquely designed to help companies operate better. Martin is a member of Affiliated Distributors, the Industrial Supply Association, the National Fasteners Distributor Association, and the Global Sourcing Alliance. For more information, visit www.martinsupply.com.

Media Contact

Jill Woodford

Marketing Manager

Phone: 256-248-0420

jnwoodford@martinsupply.com

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