Procurement Advisors, LLC ("PA"), a leading data-enabled group purchasing organization, has named William "Billy" Medof to the newly created position of Chief Operating Officer effective July 1, 2020. Mr. Medof will report to Suja Katarya, PA’s CEO and Managing Partner.
Previously, Mr. Medof served as the President of Georgia-Pacific Corrugated, one of the four largest producers of corrugated packaging in the United States. Born in Miami and a long-time Atlanta resident, Mr. Medof is a graduate of the United States Military Academy at West Point and holds an M.B.A. from Columbia University. After serving as an Army Field Artillery officer for four years, Mr. Medof worked in a variety of strategic and executive positions at General Electric, Citigroup, Delta Air Lines and Georgia-Pacific. Married with three sons, Mr. Medof is active in a variety of community service and philanthropic enterprises.
"The entire PA family is excited to welcome Billy to the team. His deep operational and leadership experience in packaging and MRO makes him uniquely suited to support our continued value-creation for our members, and lead PA into its next phase of growth," said Mrs. Katarya.
"I am excited to join Procurement Advisors at this unique period in its growth," said Mr. Medof. "The team has built a world-class, data-driven, member-focused company and I look forward to working together on strategy and operations to build an even stronger PA."
About Procurement Advisors (PA)
Procurement Advisors LLC is a data-enabled group purchasing organization that specializes in the supply of maintenance, repair and operating (MRO) and packaging supplies and services to more than 700 companies and 14,000 locations primarily in North America. PA differentiates itself through its data analytics, on-site implementation, and enhanced reporting tools that complement our scale, leverage, and sourcing expertise in the categories of MRO and packaging.
Founded in 2010 as a buying project inside one of its current member companies, it has grown from ten companies with $5 million in sourcing volume to its present size with approximately $1 billion in sales volume. It continues to grow at about a 40% rate year-over-year. In May 2019, Bregal Sagemount, a New York City based growth-oriented private equity group, made a majority investment in PA alongside the Company’s founders, Suja Katarya and Keith Brower. For more information on PA, please visit www.procurementadvisors.com.