Canadian Electrical Wholesaler

July 23, 2019

CEW Moyer award 400Drew Moyer, CFO of AD, the member owned buying/marketing group, has been awarded 2019 CFO of the Year by the Philadelphia Business Journal.

The Philadelphia Business Journal named AD’s Drew Moyer the CFO of the Year for his exemplary professionalism, integrity, resilience, mastery of all the financial and people skills. Winners were nominated and then evaluated on criteria including, “financial accomplishments, tenure and scope of responsibilities, leadership, respect and influence within the company, community involvement, and stewardship of the company’s business model.”   

In addition to his leadership as CFO of AD, Drew served on the Zoological Society of Philadelphia Board of Directors for 9 consecutive years, where he drew upon his corporate leadership experience to participate in a wide range of Board Committees, including as Chair of the Corporate Leadership Council and Development Committee.

Bill Weisberg, AD Chairman & CEO, reacts, “In the 3 years that Drew has been with AD, he has used his passion for Corporate Finance and his commitment to the greater AD community to better serve our members, suppliers and associates. He played a key role in our landmark transition to member ownership in 2018 and in each of the three mergers we completed in 2019. He is a valued business partner and a good role model internally, for our culture. This is a very well-deserved award.”

The 2019 CFO of the Year awards were hosted on July 18 at the Crystal Tea Room in Center City, Philadelphia.

Wholesale Sales - JanuaryWholesale sales increased for a second consecutive month, up 1.8% to $65.2 billion in January. While all subsectors reported higher sales, gains were concentrated in the motor vehicle and motor vehicle parts and accessories and the miscellaneous subsectors.

In volume terms, sales grew 1.7%.

Motor vehicle and agricultural supplies industries drive higher sales in January 

Sales in the motor vehicle and motor vehicle parts subsector grew 3.0% to $11.3 billion in January. 

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Omid NadiOmid Nadi, Trade Marketing Manager with Ledvance, is a Ryerson University grad coming out of their Marketing management program.

“During my education I had a big interest in innovation, disruption, and data analytics,” he noted, which has influenced his career direction.

While he was in school, he spent four years in appliance sales, “that really gave me a foundation and an understanding of sales and communication.”

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