Industry & Services >> CEO Interviews >> September 27, 2004
Over the past 21 years, DAVID R. LITTLE, as Chairman and Chief Executive
Officer of DXP Enterprises, Inc., has guided the restructuring of the
company from a group of loosely affiliated companies to the nation's
premier distributor of industrial equipment. A 1974 graduate of Texas A&
M with a BBA in Accounting, he began his career as a CPA and Staff
Accountant with Price Waterhouse. In May 1975, he joined Southern Engine
and Pump Company in that same capacity, and over the next several years
held a number of management positions including Controller and VP of
Finance. He was appointed President in 1983. Through a leveraged buyout
in 1986, Mr. Little purchased Sepco and became the company's Chairman
and CEO. At the time he purchased the company, Sepco's annual sales were
approximately $20 million. In 1996, the company was renamed DXP
Enterprises, Inc., and became publicly traded on NASDAQ. Today, sales
exceed $170 million annually. Profile
TWST: Could you give us a brief history and an overview of DXPEnterprises?
Mr. Little: DXP was founded in 1908 as Southern Engine and Pump Company.
In 1996 we changed the name from Sepco to