HOUSTON--(BUSINESS WIRE)--
DXP Enterprises, Inc. (NASDAQ: DXPE) sadly announced today that
Kenneth H. Miller, a member of the Company's Board of Directors since
1996, has passed away.
DXP's Chairman of the Board and CEO, David Little, said, "We are deeply
saddened to announce the passing of Kenneth Miller on April 14, 2012. On
behalf of the Board of Directors and employees of DXP, we extend our
deepest condolences to his family, friends and colleagues. Ken was an
accomplished businessman and as a board member, brought valuable
experience to DXP. He was always prepared on the issues and cared deeply
about DXP. His commitment to DXP will be greatly missed.”
Ken was born in 1939 in St. Louis. He attended a Jesuit high school and
even explored becoming a Jesuit priest. Ken ultimately earned an
accounting degree from the University of Houston, where he was a member
of Sigma Chi fraternity. Before retiring as a CPA and expert witness, he
explored many careers, including owning a car dealership and serving as
an FBI agent. He even named his beloved dog after J. Edgar (Hoover). Ken
is remembered for his professionalism, integrity, and loyalty - even
showing up for a deposition the day after his house burned down. A
lifelong car enthusiast, he never met a Porsche he didn’t like. Friends
admired his meticulous restoration of countless cars and motorcycles and
knew no one was better at using tie wraps and duct tape. For Ken, the
best part of car racing was the preparation.
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and services distributor
focused on adding value and total cost savings solutions to MRO and OEM
customers in virtually every industry since 1908. DXP provides
innovative pumping solutions, integrated supply and MROP (maintenance,
repair, operating and production) services that emphasize and utilize
DXP’s vast product knowledge and technical expertise in pumps, bearings,
power transmission, safety and industrial supplies. DXP’s breadth of
MROP products and service solutions allows DXP to be flexible and
customer driven, creating competitive advantages for its customers.
The Private Securities Litigation Reform Act of 1995 provides a
“safe-harbor” for forward-looking statements.Certain information
included in this press release (as well as information included in oral
statements or other written statements made by or to be made by the
Company) contains statements that are forward-looking.Such
forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future; and
accordingly, such results may differ from those expressed in any
forward-looking statement made by or on behalf of the Company.These
risks and uncertainties include, but are not limited to; ability to
obtain needed capital, dependence on existing management, leverage and
debt service, domestic or global economic conditions, and changes in
customer preferences and attitudes. For more information, review the
Company's filings with the Securities and Exchange Commission.
DXP Enterprises, Inc.
Mac McConnell, 713-996-4700
Senior Vice
President, Finance & CFO
www.dxpe.com
Source: DXP Enterprises, Inc.