DXP Enterprises appoints CFO Kent Yee to its Board of Directors

– USA, TX –  DXP Enterprises, Inc. (NASDAQ: DXPE) today announced the appointment of CFO Kent Yee to its Board of Directors, effective immediately.

“We are delighted to have Kent formally join the Board. Kent for the past ten years has regularly participated in DXP Board meetings and displayed strong business acumen and leadership skills. Since becoming CFO, he has contributed in an even stronger manner and has emerged as a valued Board participant. He has distinguished himself as a leader with in-depth financial, strategic, capital markets and human capital expertise. This is a public acknowledgement of what we have known and benefited from at DXP since he arrived. Kent not only brings valuable business skills but also brings other diverse and valued perspectives,” said Board Chairman, David Little.

This appointment reflects Mr. Yee’s tenure with DXP and the important role he serves on the senior management team.

About Kent Yee

Kent Yee currently serves as CFO and SVP Corporate Development and leads DXP’s acquisitions, finance, accounting, business integration, and human resource activities. During March 2011, Mr. Yee joined DXP from Stephens Inc.’s Industrial Distribution and Services team where he served in various positions and most recently as VP from August 2005 to February 2011. Before Stephens, Mr. Yee was a member of The Home Depot’s Strategic Business Development Group with a primary focus on acquisition activity for HD Supply. Mr. Yee was also an Associate in the Global Syndicated Finance Group at JPMorgan Chase. He has executed over 45 transactions including more than $1.5 billion in M&A and $3.4 billion in financing transactions primarily for change of control deals and numerous industrial and distribution acquisition and sale assignments.

He holds a Bachelors of Arts in Urban Planning from Morehouse College and an MBA from Harvard University Graduate School of Business.

About DXP Enterprises, Inc.

DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, and Dubai. DXP provides innovative pumping solutions, supply chain services, and maintenance, repair, operating, and production services that emphasize and utilize DXP’s vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metalworking, industrial supplies, and safety products and services. DXP’s breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for our customers. DXP’s business segments include Service Centers, Innovative Pumping Solutions, and Supply Chain Services.

For more information: https://www.dxpe.com/

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