Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Officer
Climb Global Solutions (NASDAQ:CLMB) has appointed Matthew Sullivan as its new Chief Financial Officer, effective January 10, 2025. Sullivan, who previously served as the company's Chief Accounting Officer, succeeds Andrew Clark, who is retiring but will remain as an advisor until April 15, 2025, to ensure a smooth transition.
Sullivan joined Climb in 2019 as Vice President, Corporate Controller, and has been instrumental in overseeing global financial functions and driving the financial diligence process for five accretive acquisitions since 2020. His previous experience includes finance roles at Jackson Hewitt Tax Service and BDO USA, LLP. Sullivan is a Certified Public Accountant with a bachelor's degree in accounting from Kutztown University of Pennsylvania.
Climb Global Solutions (NASDAQ:CLMB) ha nominato Matthew Sullivan come nuovo Chief Financial Officer, con effetto dal 10 gennaio 2025. Sullivan, che in precedenza ha ricoperto il ruolo di Chief Accounting Officer dell'azienda, succede ad Andrew Clark, che si ritira ma rimarrà come consulente fino al 15 aprile 2025, per garantire una transizione fluida.
Sullivan è entrato in Climb nel 2019 come Vice Presidente, Corporate Controller, ed è stato fondamentale nella supervisione delle funzioni finanziarie globali e nella guida del processo di due diligence finanziaria per cinque acquisizioni accretive dal 2020. La sua esperienza pregressa include ruoli finanziari presso Jackson Hewitt Tax Service e BDO USA, LLP. Sullivan è un revisore contabile autorizzato con una laurea in contabilità presso la Kutztown University of Pennsylvania.
Climb Global Solutions (NASDAQ:CLMB) ha nombrado a Matthew Sullivan como su nuevo Director Financiero, con efecto a partir del 10 de enero de 2025. Sullivan, quien anteriormente se desempeñaba como Director de Contabilidad de la compañía, sucede a Andrew Clark, quien se retira pero permanecerá como asesor hasta el 15 de abril de 2025, para asegurar una transición sin problemas.
Sullivan se unió a Climb en 2019 como vicepresidente, controlador corporativo, y ha sido fundamental en la supervisión de las funciones financieras globales y en la conducción del proceso de diligencia financiera para cinco adquisiciones accretivas desde 2020. Su experiencia previa incluye roles financieros en Jackson Hewitt Tax Service y BDO USA, LLP. Sullivan es contador público certificado y tiene una licenciatura en contabilidad de la Kutztown University of Pennsylvania.
클라임 글로벌 솔루션 (NASDAQ:CLMB)은 Matthew Sullivan을 새로운 최고 재무 책임자 로 임명했으며, 이는 2025년 1월 10일부터 유효하다. Sullivan은 이전에 회사의 최고 회계 책임자로 근무하였으며, 은퇴하는 Andrew Clark의 후임이 된다. Clark는 2025년 4월 15일까지 고문으로 남아 원활한 전환을 보장할 예정이다.
Sullivan은 2019년 부사장, 기업 회계 담당자로 클라임에 합류하였으며, 글로벌 재무 기능 감독과 2020년 이후의 다섯 건의 이익 증가를 위한 인수 과정에서 중요한 역할을 하였다. 그의 이전 경력은 Jackson Hewitt Tax Service 및 BDO USA, LLP에서의 재무 역할을 포함한다. Sullivan은 공인 회계사이며 펜실베니아 쿠츠타운 대학교에서 회계 학사 학위를 보유하고 있다.
Climb Global Solutions (NASDAQ:CLMB) a nommé Matthew Sullivan en tant que nouveau Directeur Financier, à compter du 10 janvier 2025. Sullivan, qui a précédemment occupé le poste de Directeur Comptable de l'entreprise, succède à Andrew Clark, qui prend sa retraite mais restera en tant que consultant jusqu'au 15 avril 2025, afin d'assurer une transition en douceur.
Sullivan a rejoint Climb en 2019 en tant que vice-président, contrôleur d'entreprise, et a été essentiel dans la supervision des fonctions financières mondiales et dans la conduite du processus de diligence raisonnable financière pour cinq acquisitions accretives depuis 2020. Son expérience précédente comprend des rôles financiers chez Jackson Hewitt Tax Service et BDO USA, LLP. Sullivan est un comptable public certifié avec un baccalauréat en comptabilité de la Kutztown University of Pennsylvania.
Climb Global Solutions (NASDAQ:CLMB) hat Matthew Sullivan als neuen Chief Financial Officer ernannt, wirksam ab dem 10. Januar 2025. Sullivan, der zuvor als Chief Accounting Officer des Unternehmens tätig war, tritt die Nachfolge von Andrew Clark an, der in den Ruhestand geht, aber bis zum 15. April 2025 als Berater bleibt, um einen reibungslosen Übergang sicherzustellen.
Sullivan kam 2019 als Vice President, Corporate Controller zu Climb und war entscheidend an der Überwachung der globalen Finanzfunktionen sowie an der Durchführung des finanziellen Due-Diligence-Prozesses für fünf akquisitive Übernahmen seit 2020 beteiligt. Zu seiner vorherigen Erfahrung gehören Finanzpositionen bei Jackson Hewitt Tax Service und BDO USA, LLP. Sullivan ist ein zertifizierter Wirtschaftsprüfer und besitzt einen Bachelor-Abschluss in Rechnungswesen von der Kutztown University of Pennsylvania.
- Internal promotion demonstrates strong succession planning and leadership continuity
- New CFO has proven track record with 5 successful acquisitions since 2020
- Structured transition period with former CFO staying as advisor until April 15, 2025
- None.
EATONTOWN, N.J., Jan. 13, 2025 (GLOBE NEWSWIRE) -- 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 that Matthew Sullivan, the current Chief Accounting Officer of Climb, was appointed to the position of Chief Financial Officer (“CFO”), effective January 10, 2025, following the retirement of Andrew (“Drew”) Clark. Mr. Clark will remain with the Company as an advisor until April 15, 2025, to ensure a seamless transition.
Mr. Sullivan brings extensive financial leadership experience to Climb. Since joining the Company in 2019 as Vice President, Corporate Controller, Mr. Sullivan has risen internally to his most recent role of Chief Accounting Officer, overseeing global financial functions, including external and internal reporting, compliance, and financial planning. Additionally, he played a pivotal role in advancing Climb’s growth strategy and helping to drive the financial diligence process for five accretive acquisitions since 2020. Prior to joining Climb, Mr. Sullivan held finance roles at Jackson Hewitt Tax Service and BDO USA, LLP, where he managed complex audit and financial operations. He is a Certified Public Accountant and holds a bachelor’s degree in accounting from Kutztown University of Pennsylvania.
“On behalf of the Company, I’d like to thank Drew for his invaluable contributions to Climb and congratulate Matthew on his well-earned promotion to CFO,” said CEO Dale Foster. “Matthew’s extensive financial expertise, exceptional leadership, and deep knowledge of our business makes him uniquely qualified to step into this important role. Over the past five years, he has been instrumental in enhancing our financial operations, advancing strategic initiatives, and supporting our growth through five accretive acquisitions. I am confident that Matthew’s experience and vision will help us continue to deliver unmatched value to our customers, partners, and shareholders.”
Mr. Clark stated, “It’s been a privilege to have contributed to Climb’s remarkable growth since I joined the Company in 2021. I am incredibly proud of the work we’ve accomplished as a team to strengthen Climb’s financial foundation while executing on our strategic vision. With a proven track record of success and a talented leadership team in place, I am confident Climb will continue to achieve new heights. I look forward to watching its continued growth and success in the years to come.”
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 CFO 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 Sullivan
Chief Financial Officer
(732) 847-2451
MatthewS@ClimbCS.com
Investor Relations Contact
Sean Mansouri, CFA or Aaron D’Souza
Elevate IR
(720) 330-2829
CLMB@elevate-ir.com
FAQ
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