DXP Enterprises, Inc. announced that after twenty five years of service, Cletus “Cowboy” Davis has chosen to retire from DXP’s board of directors at the company’s annual shareholder meeting, to be tentatively held in June 2020. The company also announced that after reviewing multiple candidates, its board of directors has elected Joseph Mannes, 61, a director of the company, effective February 22, 2020. Mr. Mannes will serve as a director until the company’s annual shareholders meeting, whereby he will stand for re-election. Davis’ contributions to DXP have been numerous, having served as an advisor and board member of DXP and its predecessor company Southern Engine and Pump Company. Davis joined DXP before it was a publicly traded entity and served as a consistent voice, advisor and confidant to DXP’s chief executive officer, David Little. Mr. Mannes has served as President of SAMCO Capital Markets, a broker-dealer specializing in investment banking, municipal underwriting, sales and trading and public finance, where he has worked since 2001. In addition, he serves on the boards of the Dallas Institute of Humanities and Culture and numerous civic, non-profit and professional organizations.
DXP Enterprises, Inc. is a products and service distributor that offers solutions to industrial customers. It provides pumping solutions, supply chain services and maintenance, repair, operating and production (MROP) services. It has three segments: Service Centers (SC), Innovative Pumping Solutions (IPS) and Supply Chain Services (SCS). SC segment is engaged in providing MRO products, equipment and services, including technical expertise and logistics capabilities, to a variety of customers serving varied end markets with the ability to provide same day delivery. IPS segment provides integrated, custom pump skid packages, pump remanufacturing and manufactures branded private label pumps. SCS segment provides fully outsourced MRO solutions for sourcing MRO products, including inventory optimization and management, storeroom management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement services, and customized reporting.
DXP ENTERPRISES, INC. 
