Newtown Square, Pennsylvania, February 25, 2022 – SupplyOne, Inc., the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in the U.S., announced today that Bill Leith, the Company’s founder, has become its Executive Chairman, and Todd Renehan has been appointed the Company’s President and Chief Executive Officer.
Renehan joined SupplyOne as its Executive Vice President and Chief Operating Officer in May 2021, as part of the Company’s plan to enhance executive leadership to manage its rapid growth. Prior to joining SupplyOne, Todd had been the Chief Executive Officer of Incora, a $2.3 billion distributor and global provider of supply chain management services for C class hardware, chemicals and electronic products to the aerospace, defense, manufacturing and electronics industries.
In his new role as Executive Chairman, Leith will continue to lead SupplyOne’s strategic program of acquiring best-in-class corrugated converting companies and value-added packaging distributors and assist Renehan with strategic initiatives that will position the Company for continued long-term growth.
“Todd is an accomplished leader with deep commercial, distribution and operational experience in both public and private equity owned businesses. Having had an opportunity to work closely with Todd over the last several months, I believe that he has the skills and leadership experience, and understanding of the SupplyOne culture, to further accelerate growth for the Company and our customers,” said Leith. “I look forward to collaborating with him in our new roles.”
“Bill Leith founded SupplyOne 23 years ago with a vision to build a unique operating platform around customers’ packaging needs to improve their profitability. That vision has fueled SupplyOne’s remarkable growth and remains the foundation for our future growth. I am excited to have the opportunity to lead SupplyOne to the next level,” said Renehan
SupplyOne is the largest independent supplier of corrugated and other value-added packaging products, equipment, and services in the U.S. It provides mid-sized manufacturers, food processors, medical and e- commerce companies industry-leading packaging programs, products, and supply chain solutions from a single point of contact to unlock efficiency and direct cost savings. Since its founding in 1998, SupplyOne has become the acquirer of choice for privately-held specialty corrugated packaging manufacturers and value-added packaging distributors with 37 acquisitions to date and presence in 17 states.
SupplyOne is a portfolio company of Wellspring Capital Management.