April 2, 2013
Black Box Corp., a communications system integrator, today confirmed that, consistent with its previous announcements, Michael McAndrew has assumed the position of president and CEO of the company, succeeding Terry Blakemore, who retired from the CEO position effective March 31.
In addition to his appointment to CEO, McAndrew will join the company's Board of Directors for a term expiring at the next annual meeting of stockholders. At that time, it is expected that he will stand for election by the stockholders.
McAndrew said his strategy for the company will include strengthening and expanding its portfolio of high-value communication solutions; leveraging centralized expertise with local skills and relationships; realigning its organizational structure and incentives; and implementing a consistent, comprehensive market penetration approach.
"We have already initiated programs in support of our strategy," he said. "The changes we have recently made within the organization to achieve our mission have been enthusiastically embraced by our business leaders. We look forward to continuing to serve our clients and build value for our shareholders."
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