Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Premarket

Last Trade
Delayed
$23.40
-0.26 (-1.10%)
Bid
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Market Hours

Closing Price
$23.66
Day's Change
0.00 (0.00%)
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Volume
(Light)
Volume:
5,114

10-day average volume:
71,701,721
5,114

Announcing the Formation of Pomeroy Technologies, LLC

6:00 am ET June 1, 2020 (PR Newswire) Print

Last November it was announced that the Pomeroy brand was being reintroduced in North America as part of a separation from Getronics. Today, while finalizing the separation from Getronics, we are announcing the formation of Pomeroy Technologies, LLC. led by Chris Froman, President and CEO.

Pomeroy Technologies, under new ownership made up of a consortium of investors with experience investing in the technology industry, is also announcing the formation of an independent Board of Directors with extensive technology industry experience, led by Chairman James Dixon, formerly CEO and Chairman of CompuCom Systems, Inc. The Board also includes Christopher Hjelm, formerly CIO of Kroger and FedEx, Sandeep Dadlani, currently Global Chief Digital Officer at MARS and formerly President at Infosys, and Sarah Hagan, currently CFO at ECi Software Solutions and formerly Vice President of Finance, Airline Solutions at Sabre.

"The Pomeroy brand has long been known for delivering excellent service based upon enduring client, partner and employee relationships", said James Dixon. "I'm looking forward to working with our new Board and our leadership team to further expand and enhance Pomeroy Technologies' delivery across North America and beyond."

Chris Froman added, "It's great to have a new Board, new ownership and a new way to deliver value through automation to our clients. The cumulative effect of integrated technologies and proven methodologies will further enhance our already industry leading capabilities. This is the first step in a very bright future for Pomeroy Technologies, our clients, employees and partners."

About Pomeroy Technologies

Pomeroy Technologies partners with clients to help optimize and enhance their digital infrastructures to transform the workplace experience with the resources required to assess, design, deploy and continually innovate an agile, flexible IT environment along with a comprehensive portfolio of managed services that includes Workplace, Network, Hybrid IT, Technical Staffing and a full range of procurement & logistics services.

Media Contact Pomeroy Technologies:

Michael James - 859.657.2109

https://c212.net/c/img/favicon.png?sn=CL21914&sd=2020-06-01

View original content:http://www.prnewswire.com/news-releases/announcing-the-formation-of-pomeroy-technologies-llc-301068216.html

SOURCE Pomeroy Technologies, LLC

https://rt.prnewswire.com/rt.gif?NewsItemId=CL21914&Transmission_Id=202006010600PR_NEWS_USPR_____CL21914&DateId=20200601

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