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AD reported its member sales in the first six months of 2021 were $28.1 billion, an increase of 30% across its 13 divisions and three countries. Same-store sales were up 17%. Purchases by member companies from AD supplier partners were up 34%. Net distributions to its members were up 37%.
AD hosted its virtual Finance, HR & IT Summit from June 7-8, welcoming a record 310 attendees from 133 member companies across all of AD’s 13 divisions in the U.S., Canada and Mexico.
AD’s PHCP Business Unit hosted its 2021 AD PCHP Spring Network Meeting in a virtual format, welcoming about 160 independent distributor members from its U.S.-based Plumbing, PVF, HVAC and AD Decorative Brands divisions.
For a third straight year, AD has been recognized as a Top Workplace in the greater Philadelphia region based on feedback from its annual employee engagement survey.
AD announced Marty McLaughlin has joined the group as its first chief marketing officer effective April 1. McLaughlin is charged with collaborating with AD’s members and boards to identify new areas of added value for its community, beyond the core functions of a buying and marketing group.
Despite the clear impacts of the pandemic, AD achieved a 1% increase in net distributions to its members and was able to offer innovative services and support to help members navigate the rapidly changing environment.
With 28 years of commitment to Canadian independent distributors, and as a sign of its focus on further investment in the Canadian market, AD announced it has made the strategic decision to establish AD Canada as a distinct business unit, serving the more than 150 members of its three Canada-based divisions.
AD announced that its member-owners have elected two new directors and reelected one director to its 2021 LLC board of directors. More than 120 of AD’s 850 member companies provide leadership on corporate and divisional boards and committees.
