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Distribution Central Pty Limited management recognised for excellence in executive management

Announcement posted by Distribution Central 18 Aug 2014

FOR IMMEDIATE RELEASE:

Sydney, Australia, 18 August 2014 - Distribution Central Pty LimitedÒ, a leader in technology distribution and channel services, has announced that its Managing Director, Nick Verykios, and Executive Chairman, Scott Frew, have both been nominated in The CEO Magazine’s 2014 Executive of the Year Awards.

The CEO Magazine’s Executive of the Year Awards recognises individual excellence of high-level executives nationwide. Nick Verykios was named IT Executive of the Year at the 2013 Awards, and is this year nominated in the Managing Director of the Year category. Scott Frew has been nominated in the IT Executive of the Year and Chairperson of the Year categories.

Both Nick and Scott were inducted into the ARN IT Industry Awards Hall of Fame in 2012 and 2013 respectively.

These accolades are recognition of Nick and Scott’s contribution to the success of Distribution Central date; to the IT Industry; and transcending the industry, as business entrepreneurs, innovators and leaders.

“We’re both very proud to be nominated at this year’s Executive of the Year Awards, but more so we’re proud of DC’s achievements in the past 10 years and also excited about DC’s future as we enter a new phase in contemporary distribution driven by innovation,” said Nick Verykios, Managing Director, Distribution Central.

“Scott and I have always been focused on innovation and this will continue as we invest in the systems, products, services and staff that will take DC into its next phase of major growth.”

Distribution Central has grown from $1.6 million in FY2004 to more than $275 million in FY2014 in revenue. The company currently employs 120 staff across Australia, New Zealand and Singapore. Distribution Central was also named the 2011 BRW ANZ Successful Private Business of the Year (turnover greater than $100 million) and a finalist in the 2014 Telstra Business Awards (Medium Business Category). Its senior management has been recognised through the ARN Hall of Fame (2012 and 2013), Ernst & Young Entrepreneur of the Year (2009) and The CEO Magazine IT Executive of the Year (2013).