ScanSource Announces Retirement of Jack Reilly and Appointment of Charlie Mathis to the Board of Directors
August 24 2021 - 2:00PM
Business Wire
ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of
technology products and solutions, today announced the upcoming
retirement of long-time director John P. (“Jack”) Reilly from its
Board of Directors. Mr. Reilly, who has served as a director of
ScanSource since 2001, is retiring from the Board when his current
term of office expires effective at ScanSource’s Annual Meeting of
Shareholders to be held on January 27, 2022. The Company also
announced the appointment of Charles A. (“Charlie”) Mathis to its
Board of Directors, effective August 19, 2021. Mr. Mathis’
appointment expands the Board to 10 members.
Mr. Mathis brings decades of experience in finance, strategic
M&A, and capital markets to the Board, including 13 years as
Chief Financial Officer for multiple publicly traded companies. Mr.
Mathis also has in-depth knowledge of ScanSource and the IT
industry. He previously served as ScanSource’s Chief Financial
Officer from 2012 to 2016 and was instrumental in the 2016
acquisition of Intelisys. Most recently, Mr. Mathis served as Chief
Financial Officer for Science Applications International
Corporation, a Fortune 500 company and U.S. government IT services
provider, from 2016 until his retirement in January 2021. He
previously served as Chief Financial Officer for Force Protection
Inc., a global defense company, and EFW, Inc., the U.S.-based
subsidiary of the Israeli defense contractor, Elbit Systems. He
started his career in investment banking.
“Charlie is an outstanding fit for our Board, and I am thrilled
to welcome him back to ScanSource,” said Mike Baur, Chairman and
CEO, ScanSource, Inc. “Charlie’s deep knowledge of our business and
markets, financial acumen, and experience creating shareholder
value will serve ScanSource extremely well.”
Mr. Reilly joined the ScanSource Board in 2001. During his
tenure, Mr. Reilly has served on all committees of the Board, most
recently as Chair of Nominating Committee.
Mr. Baur commented, “Working alongside Jack is a privilege. His
extensive corporate finance and banking knowledge helped guide our
strategy and growth. On behalf of the Board, I want to thank Jack
for his 20 years of insightful guidance and exceptional service to
the ScanSource Board.”
Following Mr. Reilly’s retirement and Mr. Mathis’ appointment,
ScanSource’s Board is expected to consist of nine directors.
About ScanSource, Inc.
ScanSource, Inc. (NASDAQ: SCSC) is at the center of the
technology solution delivery channel, connecting businesses and
providing solutions for their complex needs. ScanSource sells
through multiple, specialized routes-to-market with digital,
physical and services offerings from the world’s leading suppliers
of point-of-sale (POS), payments, barcode, physical security,
unified communications and collaboration, telecom and cloud
services. ScanSource enables its sales partners to create, deliver
and manage solutions for end-customers across almost every vertical
market. Founded in 1992 and headquartered in Greenville, South
Carolina, ScanSource was named one of the 2021 Best Places to Work
in South Carolina and on FORTUNE magazine’s 2021 List of World’s
Most Admired Companies. ScanSource ranks #655 on the Fortune 1000.
For more information, visit www.scansource.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210824005742/en/
Melissa Andrews 864.286.4425 melissa.andrews@scansource.com
ScanSource (NASDAQ:SCSC)
Historical Stock Chart
From Aug 2024 to Sep 2024
ScanSource (NASDAQ:SCSC)
Historical Stock Chart
From Sep 2023 to Sep 2024