Computer Design & Integration LLC (CDI LLC) Announces the Promotion of Cyrus Lam to Chief Financial Officer
Strategic veteran adds strong financial leadership to executive management team
New York – September 15, 2020 – Computer Design & Integration LLC (“CDI” or “the Company”) announced today that Cyrus Lam has been promoted to Chief Financial Officer (CFO). In this capacity, he will be responsible for CDI’s overall finance, operations, accounting, merger and acquisition efforts, and investor relations across all existing and acquired businesses.
Lam joined CDI earlier this year as Executive Vice President (EVP) of Strategic Alliances where he was tasked with enhancing and expanding the Company’s relationships with key business and financial partners, including banking, technology and third-party vendors.
“CDI has always maintained strong momentum amidst a rapidly evolving technology landscape,” said Lam. “We continue to focus on delivering value to our customers and I look forward to utilizing my expertise to help expand our service offerings through intelligent acquisitions. I am honored to join this team of talented executives and am eager to contribute to our success as we progress into the next phase of our rapid and sustainable growth.”
Lam is a seasoned financial leader and spent almost three decades working at KPMG, where he most recently served as a Managing Director in their Corporate Finance function and was the Global Head of Technology for KPMG Corporate Finance. In this role, he drove strategic growth initiatives and oversaw business development efforts globally, with a strong focus on IT and managed services companies.
He has significant cross-border expertise across Asia, Europe and North America, and specializes in corporate finance advisory services, divestitures, capital raise and buy and sell side for the technology, services and outsourcing verticals.
“Cyrus brings proven financial leadership and a diverse set of global capabilities that will be invaluable to us moving forward,” said Eric Bakker, Chief Executive Officer, CDI. “We continue to strengthen our executive team in order to successfully position CDI for future growth and his decades of experience advising companies on M&A strategies will be vital in helping us execute on our ambitious growth plans.”
The promotion comes amidst significant business and financial growth for CDI. Earlier this year, the Company entered into a strategic partnership with One Equity Partners (“OEP”) and in July 2020 announced the acquisition of Plan B Technologies, Inc. (“PBT”).
About Computer Design & Integration LLC (CDI LLC):
CDI LLC was founded in 1995, with corporate headquarters in New York City, as well as office locations in Teterboro, N.J., Atlanta, Annapolis, Philadelphia and Boston. The firm has been recognized as one of the nation’s top 500 IT solution providers offering clients and businesses of all sizes the most up-to-date hybrid IT technology solutions that solve today’s most complex business challenges. CDI LLC continually focuses on achieving client satisfaction by developing and implementing comprehensive and innovative technology solutions that enhance day-to-day business workflow processes. As one of the largest solution providers, CDI LLC combines the required experience, exceptional talent, quality assurance and stability that its clients strive to achieve.
View the press release here.