DENVER – April 5, 2022 – Randy Brunschwig, CEO and President of the Excell and Nissco buying groups, announced his retirement, after 18 years of leadership and strong growth.Brunschwig has been acting in an advisory capacity since January 1, 2022 and will continue to serve on the Board of Directors to assist the team in future planning and strategy. As Excell and Nissco continue the search for a new CEO, current CFO, Andrew Meyer, will step in as interim CEO. 

"I have a strong belief that progress is impossible without change. For me personally, it’s time to take the next step in my life’s journey. For the organization, change brings about new ideas, new blood, and new energy for that next wave of growth and success,” states Brunschwig.

The group is well-positioned, with a stellar team. They have eagerly embraced our aggressive forward progress – most notably our new initiatives of Cutting Edge Online Training, the most comprehensive learning platform in our industry; as well as the supply chain optimization project which promises to deliver higher financial returns to dealers paired with additional growth to vendors. 

To that end, Excell and Nissco have engaged one of the top executive search firms in the country to find their next CEO and expect to make that exciting announcement in the next 90 days. Brunschwig shares, “We are taking our time to find the right person that will drive continuous innovation within an ever-changing industry.”

Excell and Nissco expect a new CEO to supercharge the group and are only looking at seasoned executives, both inside and outside of the FE&S industry. This is an exciting moment in their trajectory, which will include positive changes for all member dealers and vendor partners.During his tenure, Brunschwig led Excell and Nissco from obscurity into the most highly regarded and respected buying groups in the industry, strengthening buying power by increasing their volume over 12x what it was in 2003, or 15% compounded annual growth over 18 years.