Larry J. Stoddard
President and Chief Executive Officer
As President and Chief Executive Officer of RelaDyne, Larry Stoddard is responsible for driving and executing RelaDyne’s transformational business strategy from independently run distribution business to an integrated branch network of lubricant, fuel, and reliability services supply through the U.S. Beyond his extensive experience running distribution businesses, Larry brings to RelaDyne a strategic focus on the development and growth of value-added services. Accordingly, he is passionate about driving the evolution and delivery of RelaDyne’s Reliability Services line of business. A high-energy, results-driven business leader, Larry has a proven track record of nearly three decades of management success along with a respected reputation for significantly improving operational productivity and customer service.
Prior to RelaDyne, Larry served as Chief Executive Officer of Bradco Supply Corporation, one of the nation’s largest roofing supply companies, which was acquired by American Builders & Contractors Supply Company (ABC Supply). At Bradco he was responsible for developing people and systems across brands to improve business and to increase the company’s value and profitability.
During much of his career, Larry was involved and a driving force in the growth of Ferguson Enterprises Inc. in Newport News, Virginia, a subsidiary of Wolseley, PLC, in Theale, England. Ranked today as the largest plumbing wholesaler in North America, the company grew during his tenure from $140 million in revenue to more than $8 billion. During that time, Larry managed strategy, teams, training, operations and acquisition integration and was responsible for P&L for much of the company’s branch network. He was also involved in the development of their distribution center network and helped lead a logistics program for industrial warehousing and shipping that rivaled the speed and flexibility of leading consumer retailers. Prior to his departure, Larry was serving as COO of Wolseley, a $34 billion distributor with operations in North America, Europe, and the Far East.
Other career highlights include serving as President of the standard products division of Mueller Industries in Memphis, Tennessee, where he managed the company’s largest and most profitable division. Larry also serves as chairman of the family-owned business, Crescent Electric Supply, a large regional electrical distribution company in East Dubuque, Illinois.
Larry received a Bachelor of Science in Marketing from Auburn University. He resides in Cincinnati, Ohio, with his wife and three daughters.