Steel Connect, Inc. Announces John Ashe Named CEO of IWCO Direct
May 20 2020 - 4:20PM
Business Wire
Steel Connect, Inc. (NASDAQ: STCN) today announced the
appointment of John Ashe as the Chief Executive Officer of IWCO
Direct, succeeding Jim Andersen.
Ashe joins IWCO Direct from Lucas-Milhaupt, a global
manufacturer of metal-joining products and associated fabrication
services, and a business unit of Steel Partners Holdings L.P.
(NYSE: SPLP), where he was President and Chief Executive Officer
since 2018. He was previously Senior Vice President and General
Manager at OMG, Inc., a business unit of Steel Partners, which is a
global supplier of specialty fasteners and products for commercial
and residential construction applications. Ashe was with OMG from
1992 to 2018.
Ashe will report directly to Warren Lichtenstein, Executive
Chairman and Interim Chief Executive Officer of Steel Connect,
Inc.
Jim Andersen has led IWCO Direct for the past 21 years. “On
behalf of the Board of Directors, I wish to thank Jim for his long
tenure at IWCO Direct and for laying the foundation for the
company’s continued success,” said Lichtenstein.
“John has a demonstrated track record of leadership and building
value for all stakeholders. John has the ability to forge client
relationships and lead with innovation. He is an empathetic leader
who has passion and perseverance, and he is the right person to
take over the leadership of IWCO Direct,” said Lichtenstein. “John
has been with Lucas-Milhaupt and OMG for 28 years, and his
continued success is a great example of our SteelGrow program.
SteelGrow provides tools and resources to retain and reward our
team and demonstrates our commitment to recruit and promote from
within the Steel family of companies.”
“I am honored to lead IWCO Direct as CEO,” said Ashe. “I look
forward to working with our exceptional leadership team and all our
employees. Together, we will remain laser-focused on serving our
customers and creating value for all stakeholders.”
About Steel Connect, Inc.
Steel Connect, Inc. is a diversified holding company with two
wholly-owned subsidiaries, ModusLink Corporation and IWCO Direct,
that have market-leading positions in supply chain management and
direct marketing.
ModusLink Corporation provides supply chain business management
services to many of the world's great brands across a diverse range
of industries, including consumer electronics, telecommunications,
computing and storage, software and content, consumer packaged
goods, medical devices, retail and luxury goods. With experience
and expertise in packaging, kitting and assembly, fulfillment,
digital commerce, reverse logistics, as well as a global footprint
spanning the Americas, Europe, and the Asia-Pacific region, the
Company's adaptive approach to supply chain services helps to drive
growth, lower costs and improve profitability.
IWCO Direct is a leading provider of data-driven marketing
solutions that help clients drive response across all marketing
channels to create new and more loyal customers. The company's full
range of services includes strategy, creative and execution for
omnichannel marketing campaigns, along with one of the industry's
most sophisticated postal logistics strategies for direct mail. The
company is ISO/IEC 27001 Information Security Management System
(ISMS) certified through BSI, reflecting its commitment to data
security.
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version on businesswire.com: https://www.businesswire.com/news/home/20200520005829/en/
Jennifer Golembeske 212-520-2300
jgolembeske@steelpartners.com
Steel Connect (NASDAQ:STCN)
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