Executive Leadership Transition - Matthew Sullivan, the current Chief Accounting Officer, has been appointed as the new Chief Financial Officer (CFO) of Climb Global Solutions, effective January 10, 2025 [5] - Andrew Clark, the retiring CFO, will remain with the company as an advisor until April 15, 2025 to ensure a smooth transition [5] - Matthew Sullivan joined Climb in 2019 as Vice President, Corporate Controller and has since risen to Chief Accounting Officer, overseeing global financial functions [1] - Sullivan played a key role in advancing Climb's growth strategy and driving financial diligence for five accretive acquisitions since 2020 [1] Matthew Sullivan's Background and Expertise - Prior to joining Climb, Sullivan held finance roles at Jackson Hewitt Tax Service and BDO USA, LLP, managing complex audit and financial operations [1] - Sullivan is a Certified Public Accountant and holds a bachelor's degree in accounting from Kutztown University of Pennsylvania [1] - CEO Dale Foster praised Sullivan's extensive financial expertise, exceptional leadership, and deep knowledge of the business, making him uniquely qualified for the CFO role [1] - Over the past five years, Sullivan has been instrumental in enhancing financial operations, advancing strategic initiatives, and supporting growth through five accretive acquisitions [1] Company Overview - Climb Global Solutions is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies [3] - The company operates across the US, Canada, and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, and Climb Global Services [3] - Climb provides IT distribution and solutions for companies in Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM industries [3] Leadership Transition Impact - CEO Dale Foster expressed confidence that Sullivan's experience and vision will help Climb continue to deliver unmatched value to customers, partners, and shareholders [1] - Andrew Clark stated that he is proud of the work accomplished to strengthen Climb's financial foundation and execute on the strategic vision [1] - Clark expressed confidence in Climb's proven track record of success and talented leadership team to achieve new heights [1]
Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Officer