BrandSource CEO to Retire

December 30, 2013  by in Executive Changes, Industry   

Lawrence has held his position since 1994. Under his leadership, membership in the buying group has grown from about 600 members to more than 4,000 members with more than 10,000 storefronts.

The organization has a succession plan in place for a smooth transition, Lawrence said.

“At this point, I feel that I’ve taken BrandSource as far as I can,” he said. “I’m giving the board a full year to find someone to help move things forward. This will be a very smooth transition and there will be no interruption in daily business for BrandSource staff, vendors or members.” 

Lawrence said he plans to continue serving on the board of Ronald McDonald House Charities and will continue supporting the BrandSource organization and its members for as long as it is needed.

“I’d like to make it very clear that I’m stepping down as CEO, but I’m not going anywhere,” he said. “I intend to remain as involved as the new leadership wants me to be. I want to assure our members that this transition will be a positive one.”