Maggio to Receive 2021 BSA Leadership Award

Mike Maggio, President and Chief Executive Officer of S.P. Richards Co., was named as the honoree of this year’s Business Solutions Association (BSA) Leadership Award.

The BSA Leadership Award honors those individuals who display dedication and longevity to the industry, business acumen, forthrightness and integrity while having a cooperative spirit.

“Mike has been a leader in all channels of the industry for over 41 years. He is clearly a leader in our industry and exemplifies each characteristic of this honor,” said BSA President Travis Kaste, 3M Company.

Maggio has provided his customer focused, results-oriented leadership style in all Office Products segments from independent dealers, manufacturers to wholesale distributors.

Maggio began his career in 1978 working with his family, an Independent Business Products Dealer in Southern New Jersey and helped it grow from less than $1 million in annual revenue to over $12 million.

In 1990, Maggio joined S.P. Richards Co. and stayed for 14 years. During this time he held positions such as Operation Manager and General Manager of SPR’s Philadelphia Distribution Center in southern New Jersey, Vice President of Sales and Division Vice President for the Northeast Region.

In 2004, Maggio became CEO of the largest Regional Wholesaler in the business products industry, ActionEmco. During his time leading ActionEmco, sales and profits grew and he presided over the sale of ActionEmco to S.P Richards and United Stationers (Essendant). After time in the manufacturing world for wiring harnesses in contract furniture and automotive space Maggio returned to the business products industry.

In 2010 Maggio became General Manager for The Supply Room Companies. After assisting the Jones family assimilate two large acquisitions in the Baltimore market, Maggio became President of the largest independent dealer owned buying cooperative in North America, TriMega in 2013. TriMega ultimately merged with Pinnacle Affiliates and Independent Suppliers Group with Maggio becoming the CEO of the buying cooperative with membership of over 800 independent dealers.

In 2020 S.P. Richards Co. was sold to a privately held investor group led by Mike and Yancey Jones. Mike Maggio was named President and CEO of S.P. Richards Co. and Yancey Jones, Sr. Executive Chairman.

Mike is a graduate of Hamilton University with a degree in Business Management.

Mike currently splits his time between the SPR Headquarters in Atlanta and Southern NJ where his wife of 41 years, 3 children, 2 boys and a girl, and 3 grandchildren all reside.

Mike will receive the BSA Leadership Award at a luncheon on November 11, during the ISG Industry Week, which takes place November 7 – 12, 2021 at the World Center Marriott in Orlando, Florida.