Quick Facts

Black Box CFO Michael McAndrew To Succeed Terry Blakemore As CEO

Black Box Corp. (BBOX) said Wednesday that its Board of Directors has appointed Michael McAndrew as President and Chief Executive Officer, effective April 1, 2013.

McAndrew is currently the company's Executive Vice President, Chief Financial Officer, Secretary and Treasurer.

In order to ensure a smooth transition, R. Terry Blakemore, the company's current President and Chief Executive Officer, will continue in those positions until March 31, 2013.

Blakemore will retire from the company effective May 31, 2013 and is expected to remain a member of the Board of Directors until the 2013 annual meeting of shareholders.

McAndrew was promoted to Executive Vice President on May 11, 2010. He had previously been promoted to the position of Vice President and Chief Financial Officer on December 13, 2002. He became Secretary and Treasurer on January 31, 2003.

by RTTNews Staff Writer

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