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October 17 2007
Pomeroy IT Solutions Inc. (NASD: PMRY) named Keith Coogan as CEO and president. Coogan most recently served as CEO of Software Spectrum Inc., a global reseller of software. The company also named Kenneth Waters as chairman of the board.
Coogan replaces former CEO Stephen Pomeroy, who was dismissed in July after concerns were raised by shareholder Flagg Street Capital LLC. The shareholder questioned Pomeroy's compensation and had begun a proxy fight saying it didn't have faith in the company's leadership and that the firm had struggled while others in the information technology sector thrived. Pomeroy is the son of company founder and former chairman David Pomeroy.