OmniCable (West Chester, PA): The company has launched a new Communications Business Unit and hired David Bemoras as its president. He will be responsible for leading the business unit and growing the low-voltage and communications products business with distributors.
Bemoras founded GNWC Wire Cable & Network Products in 1983, where he grew the business from the ground up, taking a single operation and expanding its product suite to one of the fastest-growing distribution companies nationwide. In 1997, he partnered with private equity and Communications Supply, and was part of the executive leadership team that executed an industry consolidation acquisition strategy that created a national $750-million distribution business. In 2006, Communications Supply was sold to Wesco International. Bemoras then became president of the Data Communications/Low Voltage Division at Wesco. During his 11-year tenure with Wesco, he also served as the global executive VP of Sales and Marketing.
“The Omni business model will be a growth and profitability ‘force multiplier’ for all types of distributors serving the enterprise and broadband end markets. I look forward to partnering with industry-leading manufacturers and providing quick and easy access to a broad range of products leveraging Omni’s world class operations and logistics capabilities,” Bemoras said in the press release.
“OmniCable’s decision to invest in the redistribution of communications products adds value to suppliers and distributors by addressing unmet supply chain inefficiencies,” added Jeff Siegfried, interim president and CEO of OmniCable, in the press release. “OmniCable’s capabilities are being used by distributors daily, many of which need quick access to communications products to support their customer requirements.”