Jerry O’Gorman promoted to CEO of B&B Electronics

2nd December 2013

Nat Bowers

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B&B Electronics Board of Directors announce that Sean Harrigan has stepped down as Chief Executive Officer. Jerry O’Gorman, previously the Managing Director of EMEA Operations, has been announced as his replacement. The CEO’s office will remain at B&B Electronics’ headquarters in Illinois, with O’Gorman working from there as he assumes his new responsibilities. The company expects to appoint a new Managing Director for the EMEA operations in the coming weeks.

A member of B&B Electronics’ senior management team since 2006, O’Gorman understands the company’s customers, products, and operations, as well as its strategic growth plans. He also played an integral role in the company’s recent acquisitions (Quatech in October 2011, Conel in March 2012, IMC Networks in June 2012) which expanded B&B’s portfolio of mission-critical network connectivity solutions. O’Gorman was instrumental in vetting Czech Republic-based Conel and its portfolio of industrial wireless cellular routers for acquisition last year. He led Conel’s integration into B&B, and established a new business development team across the EMEA region to exploit the expanding portfolio of cellular, fiber and Wi-Fi network connectivity solutions available to B&B through its acquisitions. O’Gorman brings over 25 years of experience in business leadership, international sales and marketing from a variety of technology-based industries.

Andrew Snyder, Director of Graham Partners, B&B Electronics’ owners, comments: “The Board has complete confidence that Jerry is the right person to be our next CEO. He has been an outstanding leader and has almost doubled our EMEA revenue over his seven years. Plus, Jerry already knows the business and customers so he can step in and be immediately effective.”

In a related move, the B&B Electronics Board of Directors have also appointed Fred Thiel as Executive Chairman of the Board, formalizing Thiel’s prior advisory role as Director of B&B Electronics. From B&B’s California, office, Thiel will advise the CEO on key strategic issues including new product development, customer acquisition, and talent management. An expert in M2M, smart systems, and industrial connectivity technology, Thiel brings over 20 years’ experience in managing software and technology companies for rapid growth. He has served as CEO of Lantronix, a leader in M2M, device networking, and systems management technology. Thiel has been an Operating Partner for Graham Partners since 2007.