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Mcna

McNaughton-McKay Announces Succession Plan

Feb. 21, 2023

McNaughton-McKay Electric Co. (Madison Heights, MI): Donald D. Slominski Jr., chairman and CEO (left in photo), will retire from the CEO role on March 31. The board of directors has appointed Mark Borin to succeed Slominski as CEO on April 1. Following this transition, Slominski will continue to serve on the organization’s board of directors in the role of executive chairman.

Slominski joined McNaughton-McKay in 1996 as the director of finance and was elected president and CEO in 2005. A steadfast and strategic leader, Slominski guided McNaughton-McKay through the successful transition from a family-owned to an employee-owned organization, delivering a number of strategic acquisitions and transforming the company from 800 employees and $450million revenues to 1,750 employees and $2.2 billion in revenues. As executive chairman of the board, Slominski will continue to provide leadership and direction, working collectively with Borin and the board to develop strategy for the company’s future growth and ESOP management.

Borin joined the McNaughton-McKay leadership team as president in June 2020. Prior to joining the company, Borin spent 12 years at Pentair plc, most recently as executive vice president and chief financial officer.

McNaughton-McKay is ranked #8 on Electrical Wholesaling’s 2022 Top 150 Distributors ranking.