Wayside Technology Group Inc.
Wayside Technology Group, Inc. (NASDAQ: WSTG) is a global value-added IT channel and solutions company specializing in emerging technologies. Wayside operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, TechXtend and Cloud Know How. The Company provides IT distribution and solutions for emerging companies in the Security, Data Management, Cloud, Connectivity, Storage & HCI, Virtualization, and Software & ALM industries.
Nasdaq: WSTG
IR Website: https://www.waysidetechnology.com/investors
Headquarters: Eatontown, NJ
Content provided by Wayside Technology on 2/23/22.
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Summary
Wayside Technology Group, Inc. (NASDAQ: WSTG) is a global value-added IT channel and solutions company specializing in emerging technologies. Wayside operates across the US, Canada and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, TechXtend and Cloud Know How. The Company provides IT distribution and solutions for emerging companies in the Security, Data Management, Cloud, Connectivity, Storage & HCI, Virtualization, and Software & ALM industries.
5,000+Partners and Customers Globally |
100+Selected Strategic Vendor Relationships |
21%Sales Growth (FY 2020) |
$29MCash and Cash Equivalents with No Debt (12/31) |
Recent News
Wayside Technology Group Elects Greg Scorziello to Board of Directors
Feb 22, 2022
Wayside Technology Group Sets Fourth Quarter and Full Year 2021 Conference Call for March 3, 2022 at 8:30 a.m. ET
Feb 17, 2022
Datadobi Awarded NCPA Contract with Climb Channel Solutions
Feb 16, 2022
Climb Channel Solutions Is Now an Approved NCPA Vendor
Jan 20, 2022
Climb Channel Solutions to Partner with IRONSCALES
Jan 11, 2022
Management Overview
Dale Foster
Chief Executive Officer and President
Dale Foster joins Wayside Technology Group with over 20 years of industry and channel experience. Prior to joining our company, Mr. Foster was with Promark Technology since 1988 and served as President since 1997. Mr. Foster held various sales and product manager positions leading up to 1997 and was responsible for the strategic direction of the company along with overseeing Promark’s national sales force. With the acquisition of Promark by Ingram Micro in 2012, Mr. Foster became Executive Director and General Manager overseeing the growth strategies of the Promark emerging vendor division.
Mr. Foster is a 1987 Graduate of The Rochester Institute of Technology, where he earned a Bachelor’s of Technology in Electrical Engineering. Mr. Foster also holds an Associate’s degree in Electrical Engineering from Alfred State University.
Andrew Clark
Vice President and Chief Financial Officer
Drew Clark joined Wayside Technology Group in June of 2021 with over 35 years of experience as a finance and operating executive for both publicly traded and privately held companies. Prior to joining the company, Mr. Clark most recently served as Chief Operating Officer of Medisolv, Inc., a provider of SaaS based software solutions to hospitals and physicians where he led the all business operations, including finance. Mr. Clark’s experience includes serving as Managing Principal and COO of Evergreen Advisors, LLC, a middle market investment bank and corporate advisory firm; executive positions, including President of the East Regional Business Unit, with Verio, Inc. (VRIO-NASDAQ); numerous finance and operating positions, with Integrated Health Services, Inc. (IHS-NASDAQ), including Vice President Corporate Controller. In addition, Mr. Clark served as a member of the Board of Directors of SafeNet, Inc. (SFNT-NASDAQ) and Howard Bancorp, (HBMD-NASDAQ).
Mr. Clark began his career at KPMG where he served in various capacities, including Senior Manager. Mr. Clark received a Bachelor of Science in Accounting from Washington and Lee University.
Andrew King
Vice President and General Manager, EMEA
Andrew started his full time IT career at Microsoft UK in 1988, moving from technical support to product management then to group management of the EMEA Developer Division. He has also lived and worked in the US, advising companies such as the then Sun Microsystems, BEA Systems, Oracle and Rational before moving back to the UK and joining Grey Matter in 2002. Andrew joined Wayside in 2020 as part of the acquisition of CDF Group (Grey Matter, Sigma and Cloud Know How), and now runs Wayside EMEA – distribution and reseller sales, marketing, professional services, operations and finance.
Charles Bass
Vice President and Chief Marketing Officer
Charles Bass
Vice President and Chief Marketing Officer
Mr. Bass currently serves as Vice President of Alliances and Marketing at Climb Channel Solutions. Most recently, Mr. Bass was the Vice President of Channel Sales at Blue Medora and served as Vice President of Vendor Alliances and Marketing for Promark Technology, an Ingram Micro Company. He had overall responsibility for all marketing and vendor relationships. He had been part of the Promark Technology leadership team since joining the company in 2010. Charles was promoted to Promark Technology’s Board of Directors in 2012 and was part of the management team that successfully executed Promark’s acquisition by Ingram Micro in 4Q, 2012. Charles has over 26 years of sales, channel, marketing and business development experience in technology solutions. He worked at Hewlett Packard and LeftHand Networks where he was responsible for channel sales in North America for StorageWorks and LeftHand Networks products respectively. Prior to Hewlett Packard and LeftHand Networks, he held various sales leadership positions at Brocade Corporation, McDATA Corporation, and IBM.
Mr. Bass received a Bachelor of Arts degree in Economics from Vanderbilt University in 1987 and a Masters of Business Administration from the University of Tennessee in 1990.
Vito Legrottaglie
Vice President and Chief Information Officer
Vito Legrottaglie was appointed to the position of Vice President and Chief Information Officer in February 2015, after having served as Vice President of Information Systems since June 2003. Mr. Legrottaglie rejoined the company in February 2003 having previously served as director of Information Systems and then Vice President of Information Systems from 1996-2000. Mr. Legrottaglie has also held the positions of Chief Technology Officer at Swell Commerce Incorporated, Vice President of Operations for The Wine Enthusiast Companies, and Manager of Information Systems at Barnes and Noble.
Risks & Disclosures
This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.
Wayside Technology Group (the “Company”) and its counsel have reviewed the content of this page as well as the accompanying presentation (“Company Presentation”) displayed on this page. To the best of its knowledge, the Company does not believe this content to be misleading or inaccurate in any material respect, nor does it believe there are any material omissions with respect to such content. The Company does not believe the contents of the page or the Company Presentation to contain any non-public material information.
Information and opinions presented in the Company Presentation are provided by the Company, and b2i digital makes no representation as to their accuracy or completeness. The information contained on this page is not intended to constitute any form of advice, and the information provided is not intended to provide a sufficient basis on which to make an investment decision. It is not investment research, nor does it constitute a research recommendation, as it does not constitute substantive research or analysis. This information is not to be relied upon in substitution for the exercise of independent judgment.
Information, opinions and estimates contained on this page or in the Company Presentation reflect judgments by the Company as of the original date of publication by the Company and are subject to change without notice. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance.
A complete description of the risks and uncertainties relating to the Company and its securities can be found in the company's filings with the U.S. Securities and Exchange Commission available for free at www.sec.gov.
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