ESSENDANT INC. (NASDAQ:ESND) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 26, 2017, Janet Zelenka was elected by the Board of Directors to serve as the Registrant’s Senior Vice President and Chief Financial Officer, effective as of May 26, 2017, succeeding Earl C. Shanks. Ms. Zelenka will hold such office until her successor is appointed and qualified or until her earlier removal or resignation. On April 25, 2017, Mr. Shanks announced his retirement from the Company, effective May 26, 2017.

Ms. Zelenka, age 58, joined the Registrant in 2006 and currently serves as the Registrant’s Chief Information Officer. Previously, she held senior finance roles at Essendant Co., a wholly-owned subsidiary of the Registrant, including Vice President of Finance and Margin Management. Prior to joining the Registrant, Ms. Zelenka held executive positions at SBC-Ameritech, including Chief Financial Officer of Information Technology. The Registrant’s information technology function will continue to report to Ms. Zelenka in her new role as Chief Financial Officer.

Ms. Zelenka’s initial annual base salary in her new role will be $450,000. She will be eligible to receive annual cash incentive compensation with a target of 80% of base salary and an annual economic value of equity awards with a target of 180% of base salary. Ms. Zelenka will continue to participate in the Registrant’s Executive Severance Plan, which has been previously filed with the SEC, and other benefit plans offered to executive officers of the Registrant.

About ESSENDANT INC. (NASDAQ:ESND)
Essendant Inc. (Essendant), formerly United Stationers Inc., is a wholesale distributor of workplace items. The Company stocks an assortment of over 180,000 products in categories, including janitorial and breakroom supplies, technology products, traditional office products, industrial supplies, office furniture, and automotive aftermarket tools and equipment. The Company has four operating segments: Business and Facility Essentials, ORS Industrial, CPO Commerce, Inc. (CPO) and Automotive. Business and Facility Essentials also included operations in Mexico conducted through a subsidiary, Azerty de Mexico. It offers private brand products within each of its product categories, which include Innovera technology products, Universal office products, Windsoft paper products, Boardwalk and UniSan janitorial and sanitation products, Alera office furniture and Anchor Brand and Best Welds welding, industrial, safety and oil field pipeline products. ESSENDANT INC. (NASDAQ:ESND) Recent Trading Information
ESSENDANT INC. (NASDAQ:ESND) closed its last trading session 00.00 at 16.70 with 319,349 shares trading hands.