• SEC Filings

The following information, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed “filed” hereunder for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On October 25, 2017, Essendant Inc. (the “Registrant”) issued a press release announcing its financial results for the three- and nine- month periods ended September 30, 2017. A copy of the Registrant’s press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. In addition, a slide presentation summarizing earnings and financial results is attached as Exhibit 99.2 hereto and is incorporated herein by reference.

On October 25, 2017, the Registrant announced the election of Richard D. Phillips (the “Executive”) as the Registrant’s President and Chief Executive Officer effective October 24, 2017. Mr. Phillips had served as the Registrant’s interim President and Chief Executive Officer since June 2017.The terms of Mr. Phillips compensation were previously disclosed on a Current Report on Form 8-K filed by the Registrant on July 17, 2017.

On October 24, 2017, the Registrant’s Board of Directors elected Richard D. Phillips to the Board of Directors and elected Mr. Phillips as a member of the Executive Committee of the Board.Mr. Phillips will serve as a Class II director.

Mr. Phillips, age 47, joined the Company in January 2013 as President of Online and New Channels and was named President, ORS Nasco in November 2015.He was named Group President, Industrial in August 2016, when he added responsibility for the Company’s automotive and e-commerce businesses. Prior to joining Essendant, Mr. Phillips spent 14 years at McKinsey & Company, where he was elected Partner in 2005 and worked with global clients in a number of industries, with a functional emphasis in strategy, commercial performance and operations.He previously spent six years at Baxter Healthcare in various finance and sales roles.Mr. Phillips earned a B.S. degree in Finance from Indiana University and a Masters of Management degree, with distinction, from the Kellogg Business School at Northwestern University.

Mr. Phillips was not appointed to any arrangement or understanding between him and any other person in respect of such appointment, has no family relationships with any of the Company’s directors or executives, and has no direct or indirect material interest in any transaction required to be disclosed to Item 404(a) of Regulation

S-K.

A press release announcing the election of Mr. Phillips as President and Chief Executive Officer and to the Board of Directors of the Registrant is attached as Exhibit 99.3 and is incorporated herein by reference.

The following exhibits are filed herewith:

ESSENDANT INC Exhibit
EX-99.1 2 esnd-ex991_8.htm EX-99.1 esnd-ex991_8.htm Exhibit 99.1                     Executive Offices One Parkway North Blvd. Suite 100 Deerfield,…
To view the full exhibit click here

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.