BNET Industries

Market Cap:$1.4B
Last Fiscal Year Sales:$5.8B
  • Public
  • US
Dow Jones Description

Theyre real networkers! Anixter International Inc. (NYSE: AXE ), based in Glenview, IL, is a majorAá distributor of wiringAá systems, networking products, and fasteners. It sells items like copper and fiber-optic transmission cable, electrical wiring systems, and security system components. It also provides the installation-related materials that support central switching offices, web hosting sites and remote transmission sites. Its customers include resellers such as contractors, installers, engineers, and wholesale distributors. Founded in 1957, the company has revenue of $3.8 billion and has a presence in 220 cities in 45 countries. It employs more than 6,700 people. In 2005 the company acquired the outstanding shares of Infast Group plc.

President & Chief Executive Officer
Robert J. Eck
Number of Employees 8,645
Contact Information

2301 Patriot Blvd

Glenview, Illinois 60025-8020

anixter.com

(224) 521-8000

NAICS Code Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: 423610

Recent Events

  • Belden, Anixter release third quarter results

    10/28/09 - Financial Announcement - View Story

  • TZ, Anixter launch cabinet-level access control security system

    9/24/09 - Product Announcement - View Story

  • Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Anixter...

    9/16/09 - Lawsuit Filed - View Story

  • Kendall Law Group Announces Securities Class Action Against Anixter International Inc.

    9/15/09 - Financial Announcement - View Story

  • Morgan Keegan Initiates Coverage on Anixter International AXE

    9/02/09 - Bond / Stock Rating - View Story

  • Anixter International Selects Brainware to Automate Invoice Processing

    8/04/09 - Licensing / Contract - View Story

  • Anixter International Selects Brainware to Automate Invoice Processing

    7/31/09 - Licensing / Contract - View Story

News & Analysis

anixter and call transcript - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert J. Eck President & Chief Executive Officer
Dennis J. Letham Executive Vice President, Finance & CFO
John A. Dul Vice President, General Counsel & Secretary
Nancy C. Ross-Dronzek Vice President, Internal Audit
Philip F. Meno Vice President, Taxes
Rodney A. Shoemaker Vice President & Treasurer
Rodney A. Smith Vice President, Human Resources
Terrance A. Faber Vice President, Controller

Board of Directors

Name (plus bio) Position
Samuel Zell Chairman
F. Philip Handy Board of Directors
George Munoz Board of Directors
James Blyth Board of Directors
Linda Walker Bynoe Board of Directors
Matthew Zell Board of Directors
Melvyn N. Klein Board of Directors
Robert L. Crandall Board of Directors
Robert W. Grubbs Jr. Board of Directors
Rod F. Dammeyer Vice Chairman
Stuart M. Sloan Board of Directors
Thomas C. Theobald Board of Directors

Robert J. Eck, 49, joined the board when he became the President and Chief Executive Officer of Anixter in July 2008. From September 2007 until July 2008 Eck was Executive Vice President and Chief Operating Officer. Eck joined the company in 1989 and has served in a variety of positions with Anixter Inc., the company's principal operating subsidiary, as Executive Vice President - Enterprise Cabling and Security Solutions (2004 - 2007), Senior Vice President - Physical Security Products and Integrated Supply (2003) and Senior Vice President - Integrated Supply Solutions (2002).

Organization Position Status
Anixter International, Inc. President & Chief Executive Officer Current
Anixter International, Inc. Board of Directors Current
Anixter International, Inc. Chief Operating Officer Former
Anixter International, Inc. Executive Vice President Former

Organization Position Status
Anixter International, Inc. Executive Vice President, Finance & CFO Current
Anixter Fasteners Chief Financial Officer Current
Anixter Fasteners Executive Vice President Current
Cctp Senior Vice President Current
Tenneco, Inc. Board of Directors Current
Cctp Chief Financial Officer Former
Anixter International, Inc. Senior Vice President -- Finance Former
Anixter Fasteners Senior Vice President Former

John A. Dul, Vice President -- General Counsel & Secretary, 46. Dul has been Vice President - General Counsel since May 1998 and Secretary since November 2002. Dul has also been Secretary and General Counsel of Anixter Inc., the company's principal operating subsidiary, since January 1996. Prior thereto, he was Associate General Counsel for six years.

Organization Position Status
Anixter International, Inc. Vice President, General Counsel & Secretary Current
Cctp Vice President Current
Anixter Fasteners Vice President Current
Anixter International, Inc. Board of Directors Current
Cctp General Counsel Former
Anixter Fasteners General Counsel Former
Anixter Fasteners Secretary Former
Cctp Secretary Former

Nancy C. Ross-Dronzek, Vice President -- Internal Audit, 47. Ross-Dronzek has held this position since December 2007 and of Anixter Inc., the companys principal operating subsidiary, since July 2007. Director - Corporate Audit at The Boeing Company from 2003 to 2007.

Organization Position Status
Anixter International, Inc. Vice President, Internal Audit Current

Philip F. Meno, Vice President -- Taxes, 48. Meno has operated in this capacity since May 1993.

Organization Position Status
Anixter International, Inc. Vice President, Taxes Current

Rodney A. Shoemaker, Vice President -- Treasurer, 50. Shoemaker has filled this post since July 1999, when he was promoted from Assistant Treasurer, a job he had held since July 1993.

Organization Position Status
Anixter International, Inc. Vice President & Treasurer Current
Anixter International, Inc. Board of Directors Current
Anixter International, Inc. Assistant Treasurer Former

Rodney A. Smith, Vice President -- Human Resources, 50. Smith has held this position since August 2006. Prior to joining Anixter, Smith was Vice President - Human Resources at UOP, LLC from July 2000 to August 2006.

Organization Position Status
Anixter International, Inc. Vice President, Human Resources Current
Uop LLC Vice President, Human Resources Current
Anixter Fasteners Vice President Current
Anixter Fasteners Board of Directors Current

Organization Position Status
International Survey Research, LLC Chief Financial Officer Current
Cctp Vice President Current
Anixter Fasteners Vice President Current
Anixter International, Inc. Vice President, Controller Current
Anixter Fasteners Board of Directors Current
International Survey Chief Financial Officer Former
Bradford Exchange Corporate Controller Former
Cctp Controller Former
Anixter Fasteners Controller Former

Samuel Zell has served as our Chairman of the Board since September 2005, and had also previously served as a director from 1999 to 2004, as our President and Chief Executive Officer from July 2002 to April 2004 and as our Chairman of the Board from July 2002 to October 2004. Mr. Zell s one-year term as our Chairman and as a director will expire at the next annual meeting of stockholders. Mr. Zell has served as Chairman of the Board of Directors of EGI since 1999, and had been Chairman of the Board of Directors of its predecessor, Equity Group Investments, Inc., for more than five years. Mr. Zell has been the chairman and chief executive officer of Tribune Company, a media company, since December 2007. Until its sale in September 2007, Mr. Zell was a trustee and Chairman of the Board of Trustees of Equity Office Properties Trust, an equity real estate investment trust, commonly known as a REIT, primarily focused on office buildings, since October 1996, was its Interim President from April 2002 until November 2002 and was its and Interim Chief Executive Officer from April 2002 until April 2003. For more than the past five years, Mr. Zell has served as Chairman of the Board of Directors of Anixter International, Inc., a global distributor of electrical and cable systems; Chairman of the Board of Directors of Equity Lifestyle Properties, Inc. (previously known as of Manufactured Home Communities, Inc.), an equity REIT primarily engaged in the ownership and operation of manufactured home resort communities; Chairman of the Board of Trustees of Equity Residential Properties Trust, an equity REIT that owns and operates multi-family residential properties; and Chairman of the Board of Directors of Capital Trust, Inc., a specialized finance company. Mr. Zell is 67 years old.

Organization Position Status
Tribune Company Chief Executive Officer Current
University of Michigan, Samuel Zell & Robert H. Lurie Institute Founder Current
Equity Group Investments Chairman Current
Equity Residential Properties Trust Chairman Current
Covanta Holding Corporation Chairman of the Board Current
Anixter International, Inc. Chairman Current
Tribune Company Chairman Current
Anixter Fasteners Director Current
Eurohypo AG International Advisory Board Current
JPMorgan Chase & Co. National Advisory Board Current
Anixter International, Inc. Board of Directors Current
Equity Office Properties Trust Chairman Former
Tribune Company Director Former
The University of Michigan Law School J.D. Former
University of Michigan Bachelor's Degree Former

F. Philip Handy, 64, CEO of Strategic Industries, a worldwide diversified service and manufacturing company, since 2001. Director since 2006. From 1968 to 1970, Mr. Handy worked at Fidelity Management and Research. He then joined Donaldson, Lufkin and Jenrette where he served as Vice President from 1970 to 1976. In 1976, he became the CEO of Combanks, a multiple bank holding company based in Orlando, Florida. In 1980, he commenced his career in the private equity business. From 1996 through 1999, Mr. Handy was managing director of Equity Group Corporate Investments, a private investment firm controlled by Sam Zell. Mr. Handy currently serves on the public Board of Directors of Anixter International, Inc., Rewards Network, Inc. and Study Group International. In January 2008, he was re-appointed by President George W. Bush to serve a second term on the National Board of Education Sciences for a three year term; he serves as the vice-chairman of the Committee. He earned a Bachelor of Arts in Economics, and graduated Cum Laude from Princeton University and later earned an MBA from Harvard Business School. He completed the sixth forum at The Rugby School and graduated from Northfield Mount Hermon School. He also served six years in the U.S. Army Reserve and was honorably discharged in 1973.

Organization Position Status
Owens Corning CEO of Strategic Industries Current
Anixter International, Inc. Board of Directors Current
Owens Corning Director Current
Interwoven Media Director Current
Study Group International Board of Directors Current
WCI Communities Inc. Director Current
Anixter Fasteners Board of Directors Current
Owens Corning Compensation Committee Member Current
Fidelity Management Corporation Former
Northfield Mount Hermon School Former

George Munoz became a member of the Board of Directors of Esmark on November 27, 2007. Mr. Munoz became a director of Wheeling-Pittsburgh in November 2006. Mr. Munoz is a licensed attorney and certified public accountant. Since 2001, Mr. Munoz has served as Principal and President of Munoz Investment Banking Group, LLC in Washington, DC, and as a partner at the law firm of Tobin, Petkus & Munoz in Chicago. From 1997 to 2001, Mr. Munoz was President and CEO of the Overseas Private Investment Corporation where he supervised an $18 billion portfolio of loans, guarantees and political risk insurance on private sector investments in global emerging markets. Mr. Munoz served in the U.S. Treasury Department as Assistant Secretary for Management and Chief Financial Officer from 1993 to 1997. From 1990 to 1993, Mr. Munoz was a partner in the investment banking firm of Stevenson, Colling & Munoz. Mr. Munoz was an associate and partner in the Chicago law firm of Mayer Brown and Platt from 1980 to 1989. Mr. Munoz currently serves as a director for Marriott International Inc., Altria Group Inc., Anixter International, Inc., and MWH, a privately held global engineering consulting firm. In addition, Mr. Munoz is a trustee for The National Geographic Society.

Organization Position Status
Munoz Investment Banking Group LLC President Current
Munoz Investment Banking Group LLC Principal Current
Anixter Fasteners Board of Directors Current
Mattel, Inc. Board of Directors Current
Archipelago Holdings, Inc. Board of Directors Current
Anixter International, Inc. Board of Directors Current
Marriott International, Inc. Board of Directors Current
Overseas Private Investment Corporation CEO Former
Overseas Private Investment Corporation President Former
National Geographic Society Former
Marriott International, Inc. Director Former

Organization Position Status
Anixter International, Inc. Board of Directors Current
Anixter Fasteners Board of Directors Current
Greenhill & Co, Inc. Vice Chairman Former

Organization Position Status
Telemat Ltd President Current
Telemat Ltd Chief Executive Officer Current
Anixter Fasteners Board of Directors Current
Boardiq Board of Directors Current
Austin Hotels Direct Board of Directors Current
Simon Property Group, Inc. Board of Directors Current
Northern Trust Corporation Board of Directors Current
Anixter International, Inc. Board of Directors Current
Fidelity Life Association Board of Directors Current
Grapevine Mills Committee Member Current
Raleigh Springs Mall Committee Member Current
The Block At Orange Committee Member Current
Franklin Mills Committee Member Current
Cincinnati Mills, LLC Committee Member Current
Bowie Town Center Committee Member Current
Plaza Carolina - A Simon Mall Committee Member Current
Mall At Chestnut Hill Committee Member Current
Richardson Square Committee Member Current
Southdale Center Committee Member Current
Northeastern University Bachelor of Science Degree Former

Organization Position Status
Equity Group Investments Managing Director Current
Covanta Holding Corporation Chairman of the Board Current
Equity Lifestyle Properties, Inc. Chairman of the Board Current
Capital Trust, Inc. Chairman of the Board Current
Desarrolladora Homex, S.A. de C.V. Director Current
Anixter International, Inc. Board of Directors Current
Multiplex Biosciences Inc Board Member Current
Anixter Fasteners Board of Directors Current
Prometheus Technologies President Former
Prometheus Technologies Founder Former
GP Strategies Corporation Board of Directors Former
University of Illinois B.S. In Aeronautical and Astronautical Engineering Former

Melvyn N. Klein, 66, joined the Anixter board in 1985. He has been President of JAKK Holding Corp., a General Partner of the investment partnership GKH Partners, L.P. since 1987. Klein founded Melvyn N. Klein Interests and, has been an Attorney and Counselor-at-Law since 1968.

Organization Position Status
Anixter International, Inc. Board of Directors Current

Bob Crandall is the retired Chairman and Chief Executive Officer of American Airlines and chairman of The SABRE Group. As American's top marketing executive, and subsequently as the airline's president and chairman, Mr. Crandall participated in developing many of the innovations that stand to American's credit. These include American's SABRE automation system; the AAdvantage program for frequent travelers; a series of major hubs at Dallas/Fort Worth, Chicago, Miami and San Juan and the creation of a wide-ranging international route system. Today, Mr. Crandall serves on the Boards of MilePoint, American Express, and the Halliburton Corp.

Organization Position Status
Milepoint, Inc. Milepoint Director Current
The Utilities Project Current
Directorship, Inc. Current
Halliburton Company Chairman Current
i2 Technologies, Inc. Director Current
Milepoint, Inc. Board of Directors Current
LP Technologies Board of Directors Current
Celestica, Inc. Board of Directors Current
Anixter Fasteners Board of Directors Current
Metapoint Partners LP Investor Current
Anixter Fasteners Chief Executive Officer Former
Anixter International, Inc. Chief Executive Officer Former
Anixter International, Inc. President Former
Anixter Fasteners President Former
Air Cell, Inc. Former
Celestica, Inc. Chairman of the Board of Directors Former
American Express Company Director Former
MediaOne Group Director Former
Wharton Graduate School of the University of Pennsylvania Master of Business Administration Degree Former
University of Rhode Island Bachelor of Science degree Former

Robert W. Grubbs, Jr., President and Chief Executive Officer, 48. Grubbs has held this position since 1998 and has been a Director since 1997. From 1994 to 1998, he was President and Chief Executive Officer of Anixter Inc., the company's principal operating subsidiary, and during 1993 and 1994 served as President of Anixter's U.S. operations.

Organization Position Status
Cctp President and Chief Executive Officer Current
Anixter International, Inc. Board of Directors Current
Anixter Fasteners Board of Directors Current
Anixter Fasteners Chief Executive Officer Former
Anixter International, Inc. Chief Executive Officer Former
Anixter International, Inc. President Former
Anixter Fasteners President Former

ROD F. DAMMEYER was appointed to our Board of Directors in February 2006. Mr. Dammeyer is the President of CAC, L.L.C., a private company providing capital investment and management advisory services, and is the retired Vice Chairman of Anixter International, where he served from 1985 until February 2001, and retired managing partner of corporate investments of Equity Group Investments, L.L.C., where he served from 1995 until June 2000. Mr. Dammeyer serves as a director of Stericycle, Inc., a medical waste management and healthcare compliance services company. He also serves as a trustee of Van Kampen Investments, Inc. He received a B.S. degree in accounting from Kent State University.

Organization Position Status
Quidel Corporation President, Cac, Llc Current
Tax Strategies Group, LLC Current
Quidel Corporation Chairman Current
Stericycle, Inc. Chairman, Audit Committee, Member Nominating and Governance Committee Current
GATX Corporation Board of Directors Current
The Scripps Research Institute Director Current
Stericycle, Inc. Director Current
Anixter International, Inc. Vice Chairman Current
Quidel Corporation Director Current
Van Kampen Investments Inc. Board of Directors Current
Van Kampen Investments Inc. Trustee Current
Itel Corporation CEO Former
CAC Corporation President Former
Kent State University B.S. Degree Former

Organization Position Status
Rite Aid Corporation Board of Directors Current
Anixter Fasteners Board of Directors Current
Anixter International, Inc. Board of Directors Current
Clearwire Corporation Board of Directors Former

Thomas C. Theobald, 67, has been an Anixter Director since 1995. Since 2004 Theobald has been Senior Advisor of Chicago Growth Partners. He previously was a Managing Director of William Blair Capital Partners, L.L.C. from 1994 to 2004. From 1987 to 1994, Theobald was Chairman and Chief Executive Officer of Continental Bank Corporation. He is also Chairman of Columbia Mutual Funds and is a Director for Jones, Lang, LaSalle Incorporated; AM BAC Financial Group and Ventas Inc. Matthew Zell, 38, joined the Anixter board in 2001. He has been Managing Director since 2001 of Equity Group Investments, L.L.C., an investment company. From 1990 to 2001, Zell was President of Prometheus Technologies, Inc., and its predecessor, an information technology consulting firm. Zell is the son of board Chairman Samuel Zell.

Organization Position Status
Cctp Anixter Director Current
Chicago Growth Partners Senior Advisor Current
Northwestern University Trustee Current
William Blair Capital Partners Senior Advisor Current
Ambac Financial Group, Inc. Director Current
Jones Lang LaSalle Incorporated Board of Directors Current
Desarrolladora Homex, S.A. de C.V. Director Current
LaSalle, Inc. Director Current
Chicago Growth Partners Board of Directors Current
Anixter International, Inc. Board of Directors Current
Ventas, Inc. Director Current
Harvard Business School Board of Directors Current
Anixter Fasteners Board of Directors Current
Continental Bank Corporation Chief Executive Officer Former
William Blair Capital Partners Managing Director Former
Ventas, Inc. supplier Former
Ambac Financial Group, Inc. supplier Former
Continental Bank Corporation Chairman Former
Harvard Business School M.B.A Former
College of the Holy Cross BA Former

Executive News

  • University of Michigan's Zell Lurie Institute Unveils Lineup for Annual Entrepreneurial Symposium

    PR Newswire - 9/08/09 - View Story

  • Real Estate Stock Talk: Should You Buy REITs?

    Forbes.com - 9/04/09 - View Story

  • Fight for Philly Papers Faces Deadline

    The Wall Street Journal Interactive Edition - 9/04/09 - View Story

  • Sam Zell back with $625m fund

    Property Week - 9/01/09 - View Story

  • Zell Returns to Grave Dancing With $625 Million Distressed Fund

    Property Week - 9/01/09 - View Story

  • Tribune bondholders call for probe

    Reuters - 8/31/09 - View Story

  • Tribune Sale of Cubs Moves Forward

    The Wall Street Journal Interactive Edition - 8/31/09 - View Story

  • Tribune chief may remain as company reorganizes

    Spartanburg Herald-Journal - 8/31/09 - View Story

  • Tribune Chief May Remain for the Cleanup

    New York Times - 8/31/09 - View Story

  • Owner of Orange County Register May File for Bankruptcy

    New York Times - 8/30/09 - View Story

  • Is hedge fund right for Chicago Reader?

    Chicago Tribune - 8/29/09 - View Story

  • Creditors Battle For Control of Philly Newspapers, Tribune Co.

    Media Post - 8/28/09 - View Story

  • Bondholders Put Tribune Deal in Glare

    New York Times - 8/28/09 - View Story

  • Move by Tribune Creditors May Be Prelude to Lawsuit

    New York Times - 8/28/09 - View Story

  • Tribune Co. bankruptcy case: Division in the ranks of creditors

    Chicago Tribune - 8/28/09 - View Story

  • Bondholders Want Details of Tribunes Buyout

    New York Times - 8/27/09 - View Story

  • Tribune could face delay, lawsuit from bondholders

    Washington Post - 8/27/09 - View Story

  • UPDATE 2-Tribune bondholders call for probe into 2007 buyout

    Forbes.com - 8/27/09 - View Story

  • UPDATE 2-Tribune bondholders call for probe into 2007 buyout

    Reuters - 8/27/09 - View Story

  • Tribune Bondholders Seek Probe

    The Wall Street Journal Interactive Edition - 8/27/09 - View Story

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     AXE $43.57 -0.75 (-1.69% )
Average Volume 405,686
Shares Outstanding 34.37M
Market Cap 1.5B
Year High 45.55
Year Low 24.23
Earnings Per Share -0.86
P/E Ratio -50.66
Dividend N/A
Yield N/A
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