MSC Industrial Direct Co., Inc. Announces Completion of Management Succession Plan

MSC Industrial Direct Co., Inc. Announces Completion of Management Succession

Erik Gershwind, President and Chief Operating Officer, to Become Chief
Executive Officer and President David Sandler, Chief Executive Officer, will
Transition to Executive Vice Chairman of the Board

PR Newswire

MELVILLE, N.Y., Oct. 25, 2012

MELVILLE, N.Y., Oct. 25, 2012 /PRNewswire/ --MSC INDUSTRIAL DIRECT CO., INC.
(NYSE: MSM), "MSC" or the "Company," the premier distributor of Metalworking
and Maintenance, Repair and Operations ("MRO") supplies to industrial
customers throughout the United States, today announced that Erik Gershwind
will become President and Chief Executive Officer, effective January 1, 2013,
as part of the Company's previously announced succession plan.

Mr. Gershwind, currently President and Chief Operating Officer, will succeed
current Chief Executive Officer, David Sandler. Upon the completion of this
transition on January 1st and as previously announced, Mr. Sandler will serve
as Executive Vice Chairman of the Company's Board of Directors until at least
calendar year 2017. As Executive Vice Chairman, Mr. Sandler will continue to
play an important role in the Company, providing leadership and guidance to
the Company's executive team. Additionally, Chairman of the Board Mitchell
Jacobson will become Non-Executive Chairman.

Under the succession plan, which has been in place since October 2010, Mr.
Gershwind was selected by the Company's Board of Directors as the successor to
Mr. Sandler as the Company's Chief Executive Officer. Mr. Gershwind, age 41,
was appointed Executive Vice President and Chief Operating Officer in October
2009 and promoted to President in October 2011. In October 2010, he was
appointed a member of the Company's Board of Directors. For more than 16
years, Mr. Gershwind has managed key aspects of MSC's business, beginning with
mergers and acquisitions in 1996 and expanding into sales, product management,
marketing and e-Commerce. In 1999, he established MSC's highly successful
internet business. Since 2008, Mr. Gershwind has led the Company's strategic
team responsible for defining and directing business strategy.

Mr. Sandler commented, "I would like to congratulate Erik on his appointment
to Chief Executive Officer. Erik has worked diligently through positions of
increasing responsibility during his extensive tenure at MSC and has
demonstrated a strong history of accomplishment, leadership and contribution
to defining and driving the Company's strategy. He has an intimate
understanding of the needs of our customers and all stakeholders, deep
expertise in our industry and the vision to bring MSC into the future. I wish
Erik all the best in his new role, and I look forward to working with him to
ensure a smooth transition. I have never been more confident about the future
of our Company."

Mr. Gershwind commented, "It is an extraordinary opportunity to lead MSC as we
enter this next phase of development here and in the industry. I believe MSC
is in an ideal position to continue to grow and gain market share, and I am
eager to embrace the responsibilities of leading the Company."

Philip Peller, the Board of Directors' Lead Director, said: "We are pleased to
announce Erik's appointment as CEO. Erik has the experience and vision,
combined with a deep understanding of the Company and industry, to continue
driving long-term value for all stakeholders. We also want to express our
gratitude to David for his stewardship of MSC during his time as CEO. He was
instrumental in guiding the Company through challenging times, created
significant value during his tenure and has set MSC on a strong, sustainable
path for years to come. I look forward to his continuing contributions as
Executive Vice Chairman of the Board."

About MSC Industrial Direct Co., Inc.

MSC Industrial Direct Co. Inc. is one of the largest distributors of
Metalworking and Maintenance, Repair and Operations ("MRO") supplies to
industrial customers throughout the United States. MSC employs one of the
industry's largest sales forces and distributes approximately 600,000
industrial products from approximately 3,000 suppliers. In-stock availability
is approximately 99%, with next day standard delivery to the contiguous United
States on qualifying orders up until 8 p.m. Eastern Time. For more
information, visit MSC's website at

Note Regarding Forward-Looking Statements:  Statements in this Press Release
may constitute "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. All statements, other than statements of
historical fact, that address activities, events or developments that we
expect, believe or anticipate will or may occur in the future, including
statements about expected future results, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from those anticipated by these
forward-looking statements. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date hereof.
The inclusion of any statement in this release does not constitute an
admission by MSC or any other person that the events or circumstances
described in such statement are material. Factors that could cause actual
results to differ materially from those in forward-looking statements include:
problems with successfully integrating acquired operations, current economic,
political and social conditions, changing customer and product mixes,
financial restrictions on outstanding borrowings, industry consolidation,
competition, general economic conditions in the markets in which we operate,
volatility in commodity and energy prices, credit risk of our customers, risk
of cancellation or rescheduling of orders, work stoppages or other business
interruptions (including those due to extreme weather conditions) at
transportation centers or shipping ports, the risk of war, terrorism and
similar hostilities, dependence on our information systems and on key
personnel, and the outcome of potential government or regulatory proceedings
or future litigation relating to pending or future claims, inquiries or
audits. Additional information concerning these and other risks is described
under "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in the reports on Forms 10-K and 10-Q
that we file with the U.S. Securities and Exchange Commission. We assume no
obligation to update any of these forward-looking statements.

SOURCE MSC Industrial Direct Co., Inc.

Contact: Investors, John G. Chironna, VP Investor Relations & Treasurer, MSC
Industrial Direct Co., Inc., +1-516-812-1216 or Media, Rachel Rosenblatt, FTI
Consulting - Strategic Communications, +1-212-850-5600
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