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wayside technology group inc (WSTG) Details

Wayside Technology Group, Inc. operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software and hardware to corporate and value added resellers, consultants, and systems integrators; and software, hardware, and services for corporations, government organizations, and academic institutions. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers in the United States and Canada. In addition, the company offers a line of products from various publishers of software; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. Wayside Technology Group, Inc. markets its products through own Websites, local and online seminars, Webinars, and social media, as well as direct email and printed materials. The company was formerly known as Programmer’s Paradise, Inc. and changed its name to Wayside Technology Group, Inc. in August 2006. Wayside Technology Group, Inc. was founded in 1982 and is headquartered in Eatontown, New Jersey.

153 Employees
Last Reported Date: 03/18/19
Founded in 1982

wayside technology group inc (WSTG) Top Compensated Officers

Interim President, CEO & CFO
Total Annual Compensation: $312.1K
Executive Vice President
Total Annual Compensation: $260.0K
VP & Chief Information Officer
Total Annual Compensation: $311.8K
VP & GM of Lifeboat Distribution
Total Annual Compensation: $319.2K
Compensation as of Fiscal Year 2018.
wayside technology group inc
Wayside Technology Group, Inc. Announces Appointment of John McCarthy as a Director of the company, Effective June 6, 2019

The Board of Directors of Wayside Technology Group, Inc. appointed John McCarthy as a director of the company, effective June 6, 2019, on the recommendation of the Nominating and Governance Committee of the Board. Mr. McCarthy has been appointed as a member of the Audit, Compensation and Nominating and Governance Committees of the Board. Mr. McCarthy has extensive experience in leading successful organizations with a particular focus in the technology industry. He currently serves as President and Chief Executive Officer of Mainline Information Systems, a nationally recognized technology solution provider he joined in April 2009. Prior to that, Mr. McCarthy served in executive management positions with EMC, StorageApps, CNT, MCData and Virtual Iron. Mr. McCarthy is currently a member of the Board of Directors for Nasuni Corporation, a member of the Operating Board for Stripes Group, and a member of the Board of Trustees for Providence College.

Wayside Technology Group, Inc. Announces Management Changes

Wayside Technology Group, Inc. announced that Steve DeWindt has resigned as the Company's President, Chief Executive Officer and member of the Board of Directors of the company, effective June 6, 2019, for personal health reasons. As a result, he will not stand for re-election as a director at the company's 2019 Annual Meeting of Stockholders. Michael Vesey, the Company's current Vice President and Chief Financial Officer, will serve as the company's interim President and Chief Executive Officer until a permanent successor has been named. Mr. Vesey has served as the Company's Vice President and Chief Financial Officer since October 2016.

Wayside Technology Group, Inc. Presents at Ladenburg Thalmann Technology Expo 2019, May-30-2019

Wayside Technology Group, Inc. Presents at Ladenburg Thalmann Technology Expo 2019, May-30-2019 . Venue: Convene Meeting Center, 101 Park Avenue, New York, New York, United States. Speakers: Michael Vesey, VP & CFO.

 

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Valuation WSTG Industry Range
Price/Earnings 14.8x
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow 14.9x
TEV/Sales 0.2x
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