MRC Global Inc., the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy industry, has announced the appointment of Rob Saltiel as president and CEO and as a member of the company's board of directors effective March 15, 2021, succeeding Andrew Lane, who previously announced his retirement plans.

"As a company, we are celebrating our 100th anniversary this year," said Rhys Best, MRC Global's chairman of the board. "We are excited to have Rob join MRC Global to lead its growth through the company's next chapter. Rob's distinguished career in the energy sector includes U.S. and international experience in upstream, downstream and power generation, and he has served as a prior CEO of two public companies. Rob is well suited to serve MRC Global's existing customers' businesses and their product needs and to identify and develop new markets and customers as the world transitions its energy infrastructure. We look forward to Rob's leadership of MRC Global and his contributions to our company."

Saltiel said, "I am honored to accept the role as MRC Global's next CEO. MRC Global is an excellent company with talented employees, a leading e-commerce platform, a global distribution network, a culture of customer service and a solid balance sheet. I look forward to working from the strong foundation established by my predecessor, Andrew Lane, and to helping our company grow for the benefit of our shareholders, employees, customers and suppliers."

Best added, "Andrew Lane is retiring from the company after more than 12 years of dedicated service to the company. The MRC Global board of directors thanks Andrew for his leadership and service. Andrew has led the amazing transformation of our company from the merger of two family-owned, US-focused private companies to today's global leader in the distribution of pipe, valves and fittings to the energy industry. He led the company through its successful IPO in 2012 and its e-commerce evolution as well as many acquisitions to build the company to what it is today. He has also led the company through significant external challenges, including the recent COVID-19 pandemic and its impacts on energy markets. We could not have asked for a steadier hand to lead the company through these volatile times, and we wish Andrew the best in his retirement."