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Distribution Solutions Group (NASDAQ: DSGR) announced Monday the appointment of Barry Litwin as CEO of TestEquity, effective July 14.
He succeeds Russ Frazee, who has led the company since 2022 and will remain in an advisory role to support a smooth transition.
Litwin is a seasoned executive with a background in industrial distribution and multi-unit operations. From 2019-24, he served as CEO of Global Industrial Company, a $1.4 billion distributor of MRO products. He holds a B.S. from Indiana University and an MBA in operations management from Loyola University Chicago.
“We are elated Barry is joining the DSG leadership team,” said J. Bryan King, DSG’s chairman and CEO, in a statement. “We have known Barry for some time, and we experienced firsthand his ability to unlock value and drive execution in multiple situations.”
King also credited Frazee with significant contributions during his seven-year tenure at TestEquity, including roles as COO and CEO. “Russ has become a good friend to all of us, was a cultural leader, and together with our team was instrumental in more than doubling the size of TestEquity,” King said.
Litwin said he sees strong potential for growth. “I am excited to lead TestEquity as Chief Executive Officer through its next phase of growth,” he said. “I see a clear path to facilitate unlocking significant value as its CEO.”
TestEquity, based in North Richland Hills, is a leading distributor of test and measurement equipment, production supplies, and value-added services for sectors including aerospace, defense, and advanced manufacturing. DSG, which also includes Lawson Products and Gexpro Services, serves approximately 200,000 customers across global markets.