HWC Names Richard Megliola as President of Vertex Distribution

6/21/17

HOUSTON, June 21, 2017 (GLOBE NEWSWIRE) -- Vertex Distribution, a division of Houston Wire & Cable Company (NASDAQ:HWCC), is pleased to announce that Richard "Rich" Megliola has been named President of Vertex Distribution. Megliola brings decades of fastener experience in sales, marketing, and operations.

Rich began his career in the fastener industry at Reynolds Fasteners, Inc. after graduating from Kean University with a degree in Marketing. At Reynolds, he helped grow sales from $29 to $200 million while rising to the role of Vice President of Sales & Operations. He was named President of Reynolds Fasteners’ sister company Atlas Screw & Specialty Corporation after they were acquired by Heads and Threads International, LLC.

Following leadership roles with Stelfast Inc. as COO and Titan Fastener Products Inc. as EVP, Rich was named Director of Sales North America for Acument Global Technology, a division of the world’s largest fastener manufacturer, Fontana Gruppo Special Fasteners, which has over $1.2 billion in annual sales.

Rich is married with 2 children and resides just outside of Chicago. Rich is currently serving as a Board Member on the National Fastener Distributors Association (NFDA).

About Vertex Distribution
Founded in 1881 as the Pawtucket Manufacturing Company, Vertex Distribution has become a leading distributor of stainless steel and corrosion resistant fasteners, hose clamps & rivets.

About HWC With over 40 years’ experience in the industry, Houston Wire & Cable Company, an industrial distributor, is a large provider of industrial products in the U.S market. Headquartered in Houston, Texas, the Company has sales and distribution facilities strategically located throughout the United States.

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