# Graybar Electric Company Inc. Pension Plan

Graybar Electric Company Inc. Pension Plan is a Pension Fund based in St. Louis, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** St. Louis, United States
- **Region:** North America
- **Address:** St. Louis, MO, United States
- **Founded:** 1926
- **Assets under management:** Undisclosed
- **Website:** graybar.com

## Regulatory record

- **Reports private funds:** No

## About

The Graybar Electric Company Inc. Pension Plan was established in 1926, the same year the company itself was formed as a spin-off from Western Electric. Graybar operates as one of the largest employee-owned companies in North America, a structure that ties the plan's performance directly to the retirement security of its workforce. The plan's named fiduciaries include Chairman and CEO Kathleen M. Mazzarella and CFO D. M. Meyer, both of whom serve as voting trustees alongside other senior Graybar executives. Asset allocation spans public equities, fixed income, real estate, and private equity, reflecting a conventional but substantial defined-benefit portfolio. Public records indicate the plan maintains dedicated allocations to each of these asset classes, consistent with peer corporate pensions of similar vintage and sponsor size. Graybar itself reported $11 billion in revenue for 2023, making it one of the larger employee-owned industrial distributors in the United States. The company is consistently ranked on the Fortune 500. The pension plan, along with the Graybar Family Foundation, forms part of the company's long-term capital base, though the plan's specific funded status and total asset value are not publicly disclosed. As of mid-2025, no recent regulatory filings or press releases have detailed allocation shifts or manager changes. The plan's most distinctive structural feature is its deep alignment with an employee-owned sponsor. Unlike many corporate pensions subject to shareholder pressure on liability management, Graybar's ownership structure means the plan's fiduciaries and the company's ultimate equity holders overlap significantly. This creates a governance dynamic where long-term pension health and corporate strategy are not in tension — a rarity among Fortune 500 plans.

## Sectors

- Real Estate
- Private Equity
- Hedge Funds

## People

- Kathleen M. Mazzarella — Chairman, President, and CEO of Graybar Electric Company; Voting Trustee
- D. M. Meyer — Senior Vice President and Chief Financial Officer
- William P. Mansfield — Senior Vice President - Strategy and Business Development; Voting Trustee
- Matthew W. Geekie — Senior Vice President, Secretary, and General Counsel
- David G. Maxwell — Former Senior Vice President and CFO; Voting Trustee

## Questions

### Who sits on the pension plan's investment committee or board of trustees?

The plan's voting trustees include Graybar's most senior executives: Chairman, President, and CEO Kathleen M. Mazzarella, SVP of Strategy William P. Mansfield, CFO D. M. Meyer, and General Counsel Matthew W. Geekie, among other regional vice presidents and former officers. This places investment oversight directly in the hands of the company's top operating leadership.

### How does Graybar's employee ownership affect the pension plan?

Because Graybar is one of North America's largest employee-owned companies, the pension plan's fiduciaries and the company's shareholders are effectively the same constituency. This alignment reduces the typical tension between near-term earnings management and long-term pension funding that exists at publicly traded sponsors.

## Related profiles

- [Gray Private Wealth (GPW)](https://altss.com/profile/gray-private-wealth-gpw)
- [Graystone Partners Wealth Management](https://altss.com/profile/graystone-partners-wealth-management)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/graybar-electric-company-inc-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology