Black Box Corporation announced Wednesday that Michael McAndrew is stepping down as president and CEO but will remain to ensure a smooth transition to new leadership for the Pittsburgh-area technology solutions provider.
“We want to thank Mike for his many years of service to Black Box and his leadership during the company’s recent transformational efforts,” Thomas Greig, chairman of the board, said. “Despite recent challenges, both Mike and I are optimistic about the future of the company and agreed that now is the right time to transition to new leadership to take the company to its next phase of growth.”
The firm’s nominating & governance committee leads succession planning and has engaged a national executive search firm to seek suitable candidates. The company focuses on helping clients build, maintain and protect their IT infrastructure.
McAndrew agreed that the timing is optimal for change. He has served Black Box in many capacities for over 26 years.
“I believe that with our transformational efforts well underway, now is the right time for a transition,” McAndrew said. “I am excited to work with the board to position our new leader for great success for the company in the future. I remain committed to the company and our team members, clients and stockholders until my successor is identified and a smooth transition has occurred.”
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