DSG appoints former CEO of Global Industrial as CEO of TestEquity Group
Distribution Solutions Group, Inc. has appointed Barry Litwin as the chief executive officer of TestEquity, effective July 14.
Litwin succeeds Russ Frazee, who has served as TestEquity’s CEO since 2022. Frazee will continue supporting TestEquity in an advisory role to ensure a smooth leadership transition.
From 2019 to 2024, Litwin served as CEO of Global Industrial Company, a $1.4 billion public company, leading strategic direction and day-to-day operations for this multi-channel distribution organization of industrial and MRO products.
"We are elated Barry is joining the DSG leadership team, said DSG Chairman and CEO J. Bryan King. "We have known Barry for some time, and we experienced firsthand his ability to unlock value and drive execution in multiple situations. Barry is a seasoned strategic and operational leader skilled at transforming complex businesses, recruiting talent, and driving organizational effectiveness. In addition to his success leading a respected industrial distributor, Barry has extensive experience driving businesses with modern multi-channel, go-to-market strategies, and notably in many overlapping markets that TestEquity serves. Barry has a proven track record of building growth platforms through strong process discipline. We are excited to welcome Barry to TestEquity and to the DSG team.”
"The Board and I want to thank Russ Frazee for his leadership and expertise during his seven-year tenure at TestEquity as the COO and then CEO," King added. "Russ has become a good friend to all of us, was a cultural leader, and together with our team was instrumental in more than doubling the size of TestEquity, working through integration of acquisitions and implementing processes and structures that enabled this business unit to continue to scale. His work positions the company for a smooth leadership transition. We appreciate Russ’s support in this transition, expect to continue to collaborate with him, and wish him the best in his future endeavors,” concluded King.
Litwin said, “I am excited to lead TestEquity as chief executive officer through its next phase of growth. After working closely with the LKCM Headwater team and conducting a deep dive into understanding DSG and specifically the TestEquity business, and how well positioned it is as a market leader with an unparalleled complement of value-added capabilities, I see a clear path to facilitate unlocking significant value as its CEO.
"My focus will be on building collaborative, high-performing teams focused on accelerating commercial growth, transforming our digital channel, expanding the reach of our managed services, and delivering a differentiated customer experience. Our associates and product offerings are world-class, and together we will foster a highly engaged, performance-driven culture that positions TestEquity as the trusted partner of choice for design engineers, technicians, and manufacturers.”
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