MSC Industrial Supply Co. announced on July 28, 2025, that Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, will step down from her position effective August 8, 2025. She is departing to become the Chief Financial Officer of another publicly traded company.
Following Actis-Grande's departure, Greg Clark, MSC's Vice President of Finance and Corporate Controller, will assume the role of interim CFO. Mr. Clark has extensive experience with the company, having held various finance positions since 2003, including a previous stint as interim CFO in 2020.
The company's Executive Management Team and Board of Directors will conduct a comprehensive search to identify a permanent CFO. This leadership transition is a key development for the company's financial management.
Concurrently, MSC Industrial provided an update on its fiscal fourth quarter 2025 performance, stating that it is trending towards the upper half of its average daily sales and adjusted operating margin guidance ranges. Average daily sales for June were up 2.5% year-over-year, with July's growth rate also in positive territory.
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