CompuCom Promotes EVP Dan Stone to CEO

CompuCom has promoted the former president of Lenovo Latin America, Dan Stone, to be its CEO. Don Doctor, the solution provider's CEO of the past 22 months, will once again become the company's chairman.

The Dallas-based company, No. 23 on the 2014 CRN Solution Provider 500, said that Stone joined CompuCom at the time of Doctor's appointment to lead the end-user enablement division, which helps IT executives manage the convergence of next-gen technologies like social interaction, mobility, big data and cloud.

"[Dan's] strategic thinking, vision and focus on end users make him the perfect choice to lead the company," Doctor said in a statement. "I’m excited about Dan and the talented group of leaders we now have in place, and the direction they are taking the business."

[RELATED: IT Hall Of Fame: How Jim Dixon Put Customers First And Turned CompuCom Into A Services Giant]

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The $1.9 billion systems integrator recently bought the Internet of Things (IoT) division of Extensys. It plans to launch what it said is the first-ever artificial intelligence (AI)-based managed service aimed at preventing midmarket data center downtime, and expanding its managed security services through a new partnership with Intel that provides real-time threat management.

CompuCom said Doctor is transitioning out of the CEO position since he has helped the company achieve several short-term goals, including a new business unit structure, a focus on key verticals such as retail, financial services and healthcare, and the initial development of a regional VAR play focused on emerging technologies like IoT.

"CompuCom is at an exciting time in its evolution, and I’m proud to have the opportunity to lead our team," Stone said in a statement. ’Don has been instrumental in transforming the company over the past couple of years and bringing it to the place it is today, and I look forward to continuing that transformation."

Stone wasn't immediately available for additional comment.

Some of the services under Stone's purview in his current role include asset lifecycle management, desktop and application management, digital engagement solutions, enterprise mobility solutions, IT staffing, personal service management, service desk, walk-up services and workplace solutions.

Before joining CompuCom early last year, Stone spent a little more than a year as president and general manager of Lenovo Latin America, a $3 billion business division with 7,000 employees across 15 countries and two continents.

Stone had served in a variety of roles at Lenovo since April 2007, including chief strategy officer, where he developed and implemented a strategy for the Chinese company's technology investments, partnerships and alliances, and post-merger management activities around the globe.

Stone will become CompuCom's fourth CEO in the last three-and-a-half years. The revolving door started in May 2013, when longtime CEO Jim Dixon – CompuCom's leader from 1987 to 1996 and again from 2004 until then – stepped out of the CEO role and was replaced by division leader Tony Doye.

Doye left CompuCom in August 2014, prompting Dixon to step back into the CEO slot on an interim basis. In February 2015, following a six-month search, Doctor – who joined CompuCom's board in May 2013 and had spent several years as CEO of data center maintenance company SMS beginning in 2006 – replaced Dixon as CompuCom's leader.

One of Doctor's first moves was selling CompuCom's software business, which included a select Microsoft licensing business to SoftwareONE in March 2015 for an undisclosed amount.

CRN had reported in November 2014 that Microsoft was considering revoking CompuCom's licensing solution provider (LSP) status because the company wasn't meeting revenue targets or investing enough in technical certifications. LSPs are the only Microsoft partners authorized to handle software volume licensing transactions.

Today, CompuCom's 11,500 employees hold more than 100,000 certifications, and the company said it had enjoyed more than 25 years of profitable growth. CompuCom's average client has been working with the company for 14 years, and the company said derives three-quarters of its IT services revenue from recurring annuity clients.