CompuCom Systems Appoints New CFO; Michael Simpson Joins Senior Leadership Team as Chief Financial Officer.DALLAS -- CompuCom Systems, Inc., a leading IT managed services provider, today announced the appointment of Michael Simpson as Chief Financial Officer. Mr. Simpson has nearly 20 years of experience in financial management, accounting, mergers and acquisitions, and transition and integration management. As CFO See Chief Financial Officer. , he will be assuming responsibility for financial operations at CompuCom, a Platinum Equity company. Prior to joining CompuCom, Mr. Simpson served as Vice President of Portfolio Operations at Platinum Equity, a global firm specializing in the merger, acquisition and operation of companies, and was responsible for transitioning newly acquired companies from a financial and operations perspective. Most recently within his role at Platinum Equity, he managed both the CompuCom and GE ITS acquisitions over the past 18 months. Mr. Simpson directed the transitional finance activities while moving the company from a public strategy to a private strategy focusing on EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become and margin improvement. Previously, Mr. Simpson served as Chief Financial Officer for Billing Concepts, a Platinum Equity company, based in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. . Additionally, he served as the Vice President of Finance for HBS HBS Harvard Business School HBs Hepatitis B Surface HBS Heinrich Boell Stiftung (German Political Foundation) HBS Household Budget Survey HBS Hogere Burgerschool HBS Hawaii Biological Survey (Bishop Museum) Billing Services, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., as well as functioned in several accounting capacities with leading firms such as KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen Peat Marwick, L.L.C., Gene Brehm & Company, L.L.C. and Wolfe & Company, L.L.C. "Mike's strong financial and operational background makes him uniquely suited to serve as the CFO within our organization," said James Dixon, Chief Executive Officer of CompuCom. "Mike has the background and a track record of leading organizations to new levels of growth and success in the finance area. We look forward to his contributions to CompuCom's future." Mr. Simpson holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in finance from St. Mary's University, and a bachelor's degree in accounting from Abilene Christian University. About CompuCom Systems, Inc. CompuCom Systems is a leading IT managed services provider. Experts throughout our company hold a combined total of more than 42,000 industry certifications, and CompuCom employs more than 6,000 highly skilled associates. Together with our Canadian subsidiary, CCSI CCSI Computer & Control Solutions, Inc CCSI Cisco Certified Systems Instructor (training qualification) CCSI Canadian Centre for Swine Improvement CCSI Contemporary Control Systems, Inc CCSI Channel Coding with Side Information Technology Solutions Corp., CompuCom offers extensive technology and industry-specific expertise to help clients across North America move to the high-value, integrated infrastructures that help them achieve their business goals. CompuCom is a Platinum Equity company and was founded in 1987. For more information, visit www.CompuCom.com. |
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