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PC Connection Promotes Timothy McGrath To Chief Executive Officer

Stocks in this article: PCCC

PC Connection, Inc. (NASDAQ: PCCC), a holder of companies that provides a full range of information technology (IT) solutions from design through deployment to business, government, and education markets, announced today that Timothy McGrath has been promoted to the position of Chief Executive Officer. He will succeed co-founder Patricia Gallup, who will continue as Executive Chairman of the Board of Directors and also serve as Chief Administrative Officer, overseeing corporate governance and administration.

Under Gallup’s leadership, PC Connection has set the standards as a customer service leader and innovator in the IT direct marketing industry. The Company was co-founded by Gallup and David Hall in 1982, and is now a Fortune 1000 company with nearly two billion dollars in annual revenue. Gallup was instrumental in leading the Company’s strategic direction, including its evolution from a direct mail-order supplier into a full-service IT solutions provider.

McGrath joined PC Connection in 2005 and most recently served as its President and Chief Operating Officer overseeing the Company’s sales subsidiaries, supply chain, and services organizations. During his tenure as COO, the Company significantly grew revenue and substantially improved operating results.

McGrath began his career at Hewlett Packard, where he served as area sales manager for the Eastern Region. Before joining PC Connection, he was employed by Insight Enterprises, Inc. as Executive Vice President of Insight North America. Previously McGrath was President of Comark, which was acquired and made a division of Insight in 2002. McGrath holds a Bachelor of Science degree in Business Administration from Southern New Hampshire University and an MBA from Babson College.

McGrath stated, “It’s an honor to be succeeding Pat Gallup as CEO, and I look forward to working closely with her in her role as Executive Chairman and Chief Administrative Officer. This is a great opportunity to continue leading PC Connection as an innovator and industry leader. I am confident our experienced and talented management team will continue to drive the Company to new heights."

The Presidents of the Company’s subsidiaries will continue to report to McGrath. Subsidiary companies include PC Connection Sales Corporation, the original business of PC Connection, Inc. serving the small- and medium-sized business sector; MoreDirect, Inc., providing corporate technology buyers with a comprehensive e-procurement solution and in-depth IT supply-chain expertise; GovConnection, Inc., a rapid-response provider of IT products and services to federal, state, and local government agencies and educational institutions; PC Connection Express, Inc., a provider of computer products and consumer electronics to home, home office, and small office users; and ValCom Technology, providing services to medium-to-large corporate organizations utilizing its proprietary cloud-based IT service management software, WebSPOC™.

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