RNDC Chief Stepping Down

Dear Client: News broke this afternoon that current Republic National Distributing Co. president and ceo Nick Mehall is stepping down, effective March 3. Bob Hendrickson, former RNDC coo, will take over as interim ceo.   Nick joined RNDC in 2017 as cfo, before taking on the president and ceo role from Tom Cole in 2022 [see WSD 01-31-2022]. During his tenure, RNDC continued its national expansion, "integrated a robust digital commerce strategy, and enhanced its supplier partnerships," reaching sales of about