Market Overview

Anixter International Inc. Appoints Bill Simon, Chuck Swoboda to the Board of Directors


Anixter International Inc. (NYSE:AXE) today announced the appointment
of two new members, Bill Simon and Charles "Chuck" Swoboda, to its board
of directors, effective March 1, 2019.

"We are pleased to announce two significant additions to our board,"
said Sam Zell, Chairman of Anixter's board of directors. "Bill brings a
wealth of experience leading complex global companies, and Chuck will
contribute his deep expertise of the electrical and lighting businesses.
I am confident that their perspectives will be valuable to Anixter as we
move forward and grow our business."

Mr. Simon is the former President and Chief Executive Officer (2010 to
2014) and Chief Operating Officer (2007 to 2010) of Walmart U.S., a
leading retail corporation. Prior to joining Walmart, Mr. Simon held
several senior positions at Brinker International, Diageo,
Cadbury-Schweppes, PepsiCo and RJR-Nabisco. He also served in the public
sector as Secretary of the Florida Department of Management Services.
Mr. Simon is currently a senior advisor to the investment firm KKR and
serves as the President of WSS Venture Holdings, LLC. He currently
serves on the boards of directors of Darden Restaurants, Inc. and
Chico's FAS Inc. Mr. Simon received his B.A. (Economics) and MBA from
the University of Connecticut.

Mr. Swoboda was formerly the Chairman (2005 to 2017) and Chief Executive
Officer (2001 to 2017) of Cree Inc., a publicly traded manufacturer of
semiconductors and lighting products. As the CEO, he led the
transformation of Cree from a small R&D focused company to a $1.6
billion multi-division global products company. Since 2017, Mr. Swoboda
has served as the President of Cape Point Advisors, LLC, a private
consulting company. Mr. Swoboda graduated from Marquette University with
a B.S. in Electrical Engineering.

About Anixter

Anixter International is a leading global distributor of Network &
Security Solutions, Electrical & Electronic Solutions and Utility Power
Solutions. We help build, connect, protect, and power valuable assets
and critical infrastructures. From enterprise networks to industrial MRO
supply to video surveillance applications to electric power
distribution, we offer full-line solutions, and intelligence, that
create reliable, resilient systems that sustain businesses and
communities. Through our unmatched global distribution network along
with our supply chain and technical expertise, we help lower the cost,
risk and complexity of our customers' supply chains.

Anixter adds value to the distribution process by providing
approximately 130,000 customers access to 1) innovative supply chain
solutions, 2) nearly 600,000 products and over $1.0 billion in
inventory, 3) over 300 warehouses/branch locations with over 9 million
square feet of space and 4) locations in over 300 cities in
approximately 50 countries. Founded in 1957 and headquartered near
Chicago, Anixter trades on the New York Stock Exchange under the symbol

Additional information about Anixter is available at

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