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.
Brunschwig states, “Our team has and will continue to work collaboratively with our dealer and vendor partners to always position the group for future success, delivering the same best-in-class service and results for our members.”
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.
We wish Randy continued success and happiness in the next chapter of his life.
About Excell Foodservice Equipment Dealer Network and Nissco RDG
Excell Foodservice Equipment Dealer Network and Nissco Restaurant Dealer Group, based in Denver, are the fastest-growing foodservice equipment buying groups in the industry. The groups’ nationwide network of foodservice equipment dealers and suppliers are leaders in their marketplace with the goal of providing solutions and to service the needs of end-users.
Members’ success is the result of forward-thinking planning, strong management, a focus on relationships and networking, trailblazing technological solutions, unparalleled service offerings and robust programs to promote rapid growth with their suppliers.