Special News Blast – MCSi (03/12/2003)

 

Special News Blast from Gary Kayye's Unnamed eNewsletter

 

March 12, 2003

 

Well, even though my regular issue of my still unnamed eNewsletter is scheduled to hit our inbox Live From NCSA Friday, this is newsworthy enough to send out as an eNews Blast. Our industry's largest integration company (based on public sales figures) is MCSi and virtually everyone who knew of MCSi, knew Mike Peppel. Mike has resigned and there's a new President and Chief Executive Officer, D. Gordon Strickland.


The Official Announcement:

MCSi, Inc. announced today that D. Gordon Strickland has been named President and Chief Executive Officer of the Company. Mr. Strickland had been named to the Company's Board of Directors last week. Michael E. Peppel, the Company's previous President and Chief Executive Officer, has resigned to pursue other opportunities. Mr. Peppel has also resigned from his position as a director of the Company.

Mr. Strickland, a graduate of the Wharton School of Business, served as the president and chief executive officer of Kerr Group, Inc. and is the chairman of Medical Resources, Inc. Mr. Strickland has also served as President & CEO of Capitol Wire, Inc. and Managing Director of Wm Sword & Co.

Timothy Chrisman, the Company's Chairman of the Board, stated: "We are pleased to have Gordon take on this new responsibility as our President and CEO. We believe that the appointment of a seasoned executive such as Gordon will strengthen our leadership as the Company works through the issues confronting it."

Mr. Chrisman continued: "Mike has agreed to assist us to help ensure an orderly transition to our new management. We wish him well in his future endeavors."


Peppel joined MCSi in May 1996 and served as Chief Financial Officer from May 1996 to December 1997. He was elected President and Chief Executive Officer as of January 1, 1998, elected to the Board of Directors as of February 24, 1998 and named Chairman of the Board on February 8, 2000.

This has been a special bulletin to subscibers of Gary Kayye's eNewsletter.