Climb Global Solutions Appoints John McCarthy as Chairman of its Board of Directors
30 January 2025 - 8:05AM
Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”,
“we”, or “our”), a value-added global IT channel company providing
unique sales and distribution solutions for innovative technology
vendors, today announced the appointment of John McCarthy as the
new Chairman of the Board of Directors (the “Board”), effective
January 28, 2025. Mr. McCarthy’s appointment follows the
resignation of Jeff Geygan from the Board, which will become
effective February 28, 2025, and will reduce the Board to six
members, five of whom are independent under Nasdaq listing
standards.
Mr. McCarthy brings over 30 years of executive
technology leadership to Climb’s Board, where he has been a
director since June 2019 and currently serves as Chair of the
Compensation Committee. Before joining Climb, he was the President
and Chief Executive Officer of Mainline Information Systems, a
nationally recognized technology solutions provider. Earlier in his
career, Mr. McCarthy held senior executive roles at leading
technology companies such as EMC, StorageApps, CNT, McData, and
Virtual Iron. He is currently a member of the Operating Board for
Stripes Group, and a member of the Board of Trustees for Providence
College. Mr. McCarthy holds a Bachelor’s degree in Marketing from
Providence College.
“I am honored to be appointed as Chairman of the
Board and thankful for the trust placed in me by my fellow Board
members,” said Mr. McCarthy. “I’d like to thank Jeff for his
invaluable contributions to Climb throughout his tenure as
Chairman. I look forward to building on this strong foundation and
working with the Board and leadership team to continue driving the
Company’s strategic vision forward.”
Mr. Geygan stated, “Serving as Chairman of the
Board for the past seven years has been an incredible journey, and
I am deeply grateful for the opportunity to have contributed to
Climb’s remarkable growth and success.”
About Climb Global Solutions
Climb Global Solutions, Inc. (NASDAQ:CLMB) is a
value-added global IT distribution and solutions company
specializing in emerging and innovative technologies. Climb
operates across the US, Canada and Europe through multiple business
units, including Climb Channel Solutions, Grey Matter and Climb
Global Services. The Company provides IT distribution and solutions
for companies in the Security, Data Management, Connectivity,
Storage & HCI, Virtualization & Cloud, and Software &
ALM industries.
Additional information can be found by visiting
www.climbglobalsolutions.com.
Forward-Looking Statements
The statements in this release, other than
statements of historical fact, are “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and are intended to come within the safe harbor protection
provided by those sections. These forward-looking statements are
subject to certain risks and uncertainties. Many of the
forward-looking statements may be identified by words such as ”look
forward,” “believes,” “expects,” “intends,” “anticipates,” “plans,”
“estimates,” “projects,” “forecasts,” “should,” “could,” “would,”
“will,” “confident,” “may,” “can,” “potential,” “possible,”
“proposed,” “in process,” “under construction,” “in development,”
“opportunity,” “target,” “outlook,” “maintain,” “continue,” “goal,”
“aim,” “commit,” or similar expressions, or when we discuss our
priorities, strategy, goals, vision, mission, opportunities,
projections, intentions or expectations. In this press release, the
forward-looking statements relate to, among other things, declaring
and reaffirming our strategic goals, future operating results, and
the effects and potential benefits of the strategic acquisition on
our business. Factors, among others, that could cause actual
results and events to differ materially from those described in any
forward-looking statements include, without limitation, statements
concerning our plans and expectations in connection with the
transition of Board leadership and other plans and expectations.
The forward-looking statements contained herein are also subject
generally to other risks and uncertainties that are described in
the section entitled “Risk Factors” contained in Item 1A. of our
Annual Report on Form 10-K for the fiscal year ended December 31,
2023, and from time to time in the Company’s filings with the
Securities and Exchange Commission.
Company Contact
Matthew SullivanChief Financial Officer(732)
847-2451MatthewS@ClimbCS.com
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’SouzaElevate IR(720)
330-2829CLMB@elevate-ir.com
Climb Global Solutions (NASDAQ:CLMB)
Historical Stock Chart
From Jan 2025 to Feb 2025
Climb Global Solutions (NASDAQ:CLMB)
Historical Stock Chart
From Feb 2024 to Feb 2025