SED International Holdings Inc., a Lawrenceville-based computer and electronics distributor with operations across the Americas, has named a new president and CEO.
Robert G. O’Malley, a former Tech Data and IBM executive, took up the new post on Oct. 15, also becoming a member of the board of directors.
Mr. O’Malley will be tasked with the returning the company to strong growth after a slow year.
Revenues for the fiscal year ended June 30 were down about 3 percent to $577.3 million from $607 million during fiscal year 2011. Profit for fiscal 2012 nearly halved to $1.4 million from $3.1 million during the previous fiscal year, according the company’s most recent financial results.
SED International was founded in 1980. It has operations across the United States and in Bogota, Colombia, and Buenos Aires, Argentina.
Visit www.sedonline.com for more information.
