Global packaging leader TricorBraun has announced the appointment of Kevin Weadick as its new President and Chief Executive Officer, effective May 5, 2025. Weadick will lead the company’s global operations, taking over from Court Carruthers, who is retiring after eight years as CEO and will transition to the role of Vice Chair, remaining on the board.
“We are pleased to welcome Kevin as the new CEO of TricorBraun,” said Keith Strope, Executive Chairman. “Kevin’s extensive experience and demonstrated track record in leading high-growth businesses will be invaluable as we continue to drive our global strategy forward. His strong leadership and supply chain expertise across multiple distribution businesses aligns with our aggressive growth goals and commitment to providing superior service to our customers.”
Strope also acknowledged Carruthers’ leadership: “I want to thank Court for his remarkable contributions to the growth of the company for the last eight years and look forward to continuing to serve together on the board.”
Weadick was previously CEO of FleetPride, a major distributor of aftermarket truck and trailer parts in North America. He also held various global leadership roles at Grainger, most recently serving as President of Zoro, Grainger’s digital business focused on small and medium customers across North America.
“I’m honored to join TricorBraun at such an exciting time in the company’s journey,” said Weadick. “This business has a proud legacy, a strong culture, and an incredibly talented team. As we look ahead, my focus will be to build on the great momentum already in place to drive strong, sustainable growth, deliver exceptional service to our customers, and keep investing in the development of the best team in packaging.”
Carruthers, who became CEO in 2017, led TricorBraun through a transformative era. Under his leadership, the company tripled revenue and EBITDA, completed 30 acquisitions, expanded into Europe and Asia Pacific, entered new sectors such as aluminum cans, industrial containers, and flexible packaging, and oversaw the 2021 sale of the company from AEA Investors to Ares Private Equity and Ontario Teachers’ Pension Plan, with AEA remaining a minority investor.
“It has been a privilege to serve alongside such an exceptional and dedicated group of 2,300 TricorBraun team members these last eight years,” said Carruthers. “I am incredibly proud of what we have accomplished together and even more excited about what the future holds for the company. I have had the pleasure of knowing Kevin for more than 15 years and look forward to supporting him and the entire TricorBraun team on this important next stage of the journey.”
Natasha Li, Partner at Ares, and Ashfaq Qadri, Managing Director at Ontario Teachers’, added: “We are grateful to Court for his exceptional leadership over the past eight years. Under his guidance, the company achieved remarkable growth organically and through strategic acquisitions, significantly expanded EBITDA, and, just as importantly, made meaningful investments in its people, culture and systems. His partnership has been instrumental in building a strong foundation for continued success.”
“We are equally excited to welcome Kevin to the team as he leverages his significant global distribution experience to continue growing TricorBraun around the world.”