Cliff Kelly Announces Retirement from Stoneway Electric

Industry stalwart to leave company after 38 years of service

EAST DUBUQUE, Ill., July 2, 2014 — Cliff Kelly, president and CEO of Stoneway Electric, a subsidiary of Crescent Electric Supply Company, has announced he will retire from the company effective July 31.

Kelly began his electrical career in a warehouse/counter-sales position at Stoneway's Richland, Wash. branch in 1976. He progressed through multiple positions with increasing responsibility, eventually assuming his current role in 2004. During Kelly's 38 years, Stoneway has grown from a single location to become a recognized market leader in the Pacific Northwest and has made the list of the top 100 electrical distributors in the nation each year since 1990.

"Cliff has been instrumental in building Stoneway into one of the most respected brands in the industry," commented Marty Burbridge, president and CEO of Crescent Electric, "and this legacy will continue as the torch is passed on to Cliff's successor, Jeff Corrick."

Currently Stoneway's chief operating officer, Corrick will assume the role of president on Aug. 1.

About Stoneway Electric Supply Company

Founded in 1974, Stoneway Electric serves contractor, industrial, commercial and governmental customers from 18 stocking branches in Washington, Idaho and Oregon. For more on Stoneway, visit www.stoneway.com or call (509) 535-2933.

About Crescent Electric Supply Company:

Crescent Electric Supply Company, founded in 1919 by Titus Schmid, is one of the 10 largest electrical distribution companies in the United States. The privately-held business serves contractors, utilities, institutional and industrial customers with a broad line of electrical, lighting, automation and datacomm products from 141 local branches in 27 states employing more than 1,700 people.

For more information, visit www.cesco.com or contact:

MEDIA CONTACT:

Thomas Jensen
Media Relations
Crescent Electric Supply Company
[email protected]

Crescent Electric Supply Co
7750 Dunleith Drive
East Dubuque, IL 61025
Tel: 815-747-3145 Ext. 84