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Graybar Announces Record 2024 Financial Results

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Reports Record $11.6 Billion in 2024 Net Sales

Celebrates 100th Anniversary as Independent Company in 2025

ST. LOUIS, March 13, 2025 /PRNewswire/ — Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, today announced its 2024 financial results.

Graybar, which is celebrating its 100th anniversary as an independent company this year, reported a record $11.6 billion in 2024 net sales, an increase of 5.5% over the prior year. The company has achieved record net sales in 12 of the past 13 years, with the exception occurring in 2020 due to the global pandemic.

Graybar reported $423.1 million in net income in 2024, the third highest net income in the company’s history. Net income declined by 8.7% over 2023, predominantly due to the company’s significant investments in Graybar Connect, a multi-year, strategic business transformation project detailed below.

“Graybar’s record sales performance in 2024 demonstrates our ability to deliver continued profitable growth while investing in our future,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. “Employee ownership underpins this long-term mindset and is critical to everything we do. This approach has been a consistent aspect of our culture since Western Electric spun off Graybar as a separate business in 1925. Graybar’s employees purchased the company in 1929, and we have been 100 percent owned by our employees and retirees ever since. At a time when American businesses are frequently bought and sold by investors on public markets, Graybar’s consistent structure stands apart. We do business the right way, deliver on our promises and always look to leave our company better than we found it.”

During 2024, Graybar invested in its future through several key initiatives, including:

Invested for profitable, diversified growth through acquisitions, including Blazer Electric Supply, an electrical distributor in Colorado, Dynamic Solutions in California (through subsidiary Valin Corporation) and Power Supply Company in Tennessee (through subsidiary Cape Electrical Supply).

Invested in advanced technology through Graybar Connect, a multi-year project focused on transforming the company’s technology, data, processes and organization. After several years of investments, Graybar plans to launch a new core ERP system in 2025. This represents the company’s first major milestone toward reimagining its operating model and process framework. As the new system provides employees with advanced capabilities and analytics, it also sets the stage for future phases of the project, all with the goal of supporting long-term growth, improved profitability and an enhanced customer and employee experience.

Invested in the next generation of leaders, with key leadership appointments across its regional business units, as well as Sales, Operations, Strategic Planning and Customer Experience. The company knows that strong leadership is vital to its long-term success and continues to prepare its managers to step into roles of greater responsibility across the organization.

Mazzarella concluded, “Today’s business environment is more complex and uncertain than ever before. The pace of change continues to accelerate, and sustaining our leadership position requires us to strategically invest in our future through initiatives like Graybar Connect. Graybar’s strong balance sheet gives us the financial flexibility to manage through challenges, while we capitalize on opportunities in new markets, new customers, new technologies and of course, acquisitions.”

About Graybar
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, industrial, automation and connectivity products, and specializes in related supply chain management and logistics services. Through its network of 350 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.

Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com

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WorkVue Launches YourVue: The Career Platform Built Around What Makes You Irreplaceable

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LONDON, June 11, 2026 /PRNewswire/ — The job market is broken. Not because people lack value, but because the systems designed to recognise it were never built for them.

WorkVue is changing that. Today, the company launches YourVue, an AI-powered career navigation platform that helps people understand exactly what they bring to the world of work, and find the clearest path to where they want to go next.

The timing is deliberate. As AI, automation, and large-scale layoffs continue reshaping industries globally, millions of professionals are navigating a market that has never felt more disorienting. One candidate with 25 years of experience applied to nearly 300 roles, tailoring every application, and received almost no meaningful response. Others are screened out by automated systems before a human ever sees their name. “Job hunting in 2026,” one user told WorkVue, “can be very dehumanising and make you feel small.”

YourVue was built for them. And key features of YourVue include:

AI-powered transferable skills analysisPersonalised career mappingSkill gap insights and next-step guidanceLabor market-informed recommendations

Unlike generic job platforms or one-size-fits-all tools, YourVue maps users’ skills, values, and lived experience against real labour market data, surfacing transferable skills, career paths they may never have considered, and concrete next steps grounded in who they actually are.

“After founding Gapsquare, I saw firsthand how data could shine a light on what people bring to work,” said Dr. Zara Nanu MBE, Co-Founder of WorkVue. “YourVue takes that further, closing the gap between what people know they’re capable of and the opportunities available to them.”

Launching alongside the platform is WorkVue’s Keep Hiring People campaign, a direct response to its viral We Asked AI series, featuring real professionals and the human qualities no algorithm can replicate: judgment, adaptability, empathy, resilience, purpose.

The qualities that make people irreplaceable have never been in doubt. They just needed a platform that could see them.

YourVue is available now at app.workvue.io

About WorkVue WorkVue is a career technology company helping people navigate the modern world of work with clarity, confidence, and control. workvue.io | contact@workvue.io

View original content:https://www.prnewswire.com/news-releases/workvue-launches-yourvue-the-career-platform-built-around-what-makes-you-irreplaceable-302797859.html

SOURCE WorkVue

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Fortune Launches Inaugural Fortune Crypto 100, Ranking the Most Influential Companies and Protocols in the Global Digital Asset Ecosystem

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The Fortune Crypto 100 highlights leaders across 10 categories spanning traditional finance, decentralized finance, venture capital, mining, stablecoins, DATs and ETFs, and more.The ranking recognizes both crypto-native leaders and traditional financial institutions, reflecting the rapid institutionalization of digital assets and their growing importance to investors, businesses, and markets worldwide.Fortune also debuts the Fortune Crypto Innovators list, recognizing emerging companies and protocols advancing the industry through breakthroughs in technology, infrastructure, security, and adoption.

NEW YORK, June 11, 2026 /CNW/ — Fortune today unveiled the inaugural Fortune Crypto 100, a definitive ranking of the companies and protocols shaping the digital asset ecosystem. The ranking recognizes both crypto-native pioneers such as Coinbase and Uniswap and established financial institutions including JPMorgan and Robinhood, reflecting the industry’s growing reach across global finance.

The list of 100 companies and protocols spans ten categories ranging from Fintech to Venture Capital to Mining. The categories each feature individual rankings from 1 to 10. Together, the companies featured in the 10 categories illustrate how digital assets and blockchain technology have become increasingly integrated into Wall Street, global capital markets, and the broader financial system.

“This list is a testament to the people and companies who built on the initial vision of Satoshi Nakamoto, and created a major new industry, often in the face of government hostility. The list also comes at a critical juncture for a digital asset industry that is increasingly being defined by Wall Street and big business,” said Fortune Crypto Editor, Jeff John Roberts. Read the intro to the list here.

In the tradition of the iconic Fortune 500, the list was independently compiled by the editorial team at Fortune Crypto. The list is based on a series of rigorous methodologies, and is informed in part, by a survey of top crypto professionals. The results also reflect financial and technical analysis by Inca Digital, which provides data, analytics, and expertise to the world’s leading exchanges, financial institutions, regulators, and government agencies.

“Evaluating digital assets means looking past the trends and analyzing the data that isolates real signals. Inca brought financial and technical analysis across markets, sentiment, and on-chain activity to the Fortune Crypto 100 list. This is what a higher benchmark for tracking the industry looks like,” said Adam Zarazinski, CEO of Inca Digital.

For the full rankings, methodology and category definitions, and to read about the companies on the Crypto 100 list, go to: https://fortune.com/ranking/crypto/2026/.

Category

Ranked #1

CeFi (Centralized Finance)

Coinbase

TradFi (Traditional Finance)

Franklin Templeton

Fintechs

Robinhood

DeFi (Decentralized Finance)

Hyperliquid

Venture Capital firms

Andreessen Horowitz

Stablecoins

Tether

Crypto Services

Chainalysis

DATs & ETFs

BlackRock

Mining

Mara

Blockchains and Protocols

Bitcoin

Along with the Crypto 100, Fortune is also debuting the inaugural Fortune Crypto Innovators list, recognizing organizations that are helping to advance the digital asset ecosystem through breakthrough technology, infrastructure, security, research, adoption, and other meaningful contributions to the industry. While the Crypto 100 highlights the sector’s most influential companies and protocols, Crypto Innovators shines a light on the builders, enablers, and pioneers whose work is helping shape the future of blockchain and digital assets beyond traditional measures of scale.

The Fortune Crypto 100 and Fortune Crypto Innovators lists recognize 130 companies and protocols shaping the future of digital assets. While the Crypto 100 is dominated by U.S.-based organizations, reflecting the scale, maturity, and institutional adoption of the American market, the companion Crypto Innovators list highlights emerging leaders from across Asia-Pacific, Europe, Latin America, and Africa.

Collectively, the two lists underscore a defining characteristic of the ever-evolving blockchain economy: while market leadership remains concentrated in a handful of established hubs, innovation is increasingly global, with new technologies, infrastructure, and business models being developed around the world.

About Fortune:
Fortune is the premier global media company for global business leaders, built on a 96-year-old legacy of trusted, award-winning journalism. Independently owned, Fortune tells the story of business, spanning legacy companies to the world’s new generation of innovators. Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Fortune Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

About Inca Digital:
Founded in 2019, Inca Digital is a digital asset intelligence firm serving financial institutions, asset managers, and governments. We conduct investigations, drawing on on-chain data, social media, and dark web intelligence to build the complete picture no single source provides. We turn complex data into intelligence our clients can act on, fast enough to matter. Explore our work at inca.digital.

Media Contacts:

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com

Chelsea Hudson
Fortune
Chelsea.Hudson@fortune.com

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SOURCE Fortune Media (USA) Corporation

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DataDasher Appoints Industry Veteran Kevin Beard to Advisory Board

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Veteran industry executive and Atria Wealth Solutions co-founder also invests in the wealthtech advisor AI platform

SAN FRANCISCO, June 11, 2026 /PRNewswire/ — DataDasher AI, an artificial intelligence platform built for financial advisors, today announced that wealth management executive Kevin Beard has joined its advisory board and made a significant investment in the wealthtech company.

Beard brings more than 30 years of experience across advisor recruiting, enterprise growth strategy, and broker-dealer leadership. He co-founded Atria Wealth Solutions.

“For more than three decades, I’ve watched administrative work pull advisors away from clients and growth, and now AI providers promise to change that dynamic,” Beard said. “But most AI solutions are vaporware, offering limited efficiencies and surface-level intelligence. DataDasher is built around the actual work advisors do every day, so it addresses that problem in a way the whole firm benefits. DataDasher is becoming foundational to how serious advisory firms operate.”

DataDasher helps advisory firms automate meeting preparation, client summaries, and follow-up workflows while surfacing relevant client insights across their existing systems. The platform integrates with Redtail, Orion and Bento Engine, giving advisors a centralized workflow layer across meetings, notes and follow-up. It is SOC 2-certified.

“Kevin has spent decades helping shape how wealth management firms grow and operate,” said Alexander Kearns, CEO and co-founder of DataDasher. “He understands what advisors need on the ground and how enterprises evaluate technology at scale. His decision to invest in DataDasher, both as an advisor and as an investor, reflects where serious operators see this industry heading.”

Beard co-founded Atria Wealth Solutions, where he served as chief growth officer, helping grow the firm to nearly 2,500 advisors and close to $1 billion in annual revenue before its acquisition by LPL Financial. He has held senior roles at AIG Advisor Group, Royal Alliance Associates and Rehmann. Wealth Solutions Report named Beard a top Black leader in wealth management in both 2022 and 2026, while InvestmentNews recognized him as a top figure in wealth management innovation in 2023.

About DataDasher
DataDasher is an AI-powered platform designed specifically for financial services professionals. Based in San Francisco, DataDasher helps financial services firms realize AI-enabled operational as well as cost efficiencies and save 15+ hours per week per user by automating workflows, reducing administrative work and turning every interaction into organized, actionable insights that help firms strengthen client relationships and deliver advice more efficiently. Firms can book a demo or request a sandbox trial environment by visiting www.datadasher.ai/demo.

Media Contact
Mitch Manning
Haven Tower Group LLC
mmanning@haventower.com

View original content:https://www.prnewswire.com/news-releases/datadasher-appoints-industry-veteran-kevin-beard-to-advisory-board-302797488.html

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