Peter Browning was hired as the new president of Continental White Cap to address challenges facing the company. Continental White Cap had a history dating back to 1926 and a corporate culture characterized by paternalism. However, the company now faced price competition, high overheads, and a need for new technologies. Browning planned to implement gradual changes to cut costs, enrich the customer experience, and expand product lines while transitioning away from the paternalistic culture. His changes included redesignating roles, adopting performance-based compensation, and creating more open communication to facilitate the cultural shift.