December 18, 2009 — Analysts International Corporation announced that Elmer Baldwin will no longer serve as its President and Chief Executive Officer. The Board of Directors has appointed Andrew K. Borgstrom as the Company’s President and Chief Executive Officer, effective immediately. Borgstrom, 48, has been a member of the AIC Board since May 2008 and has more than 25 years’ experience in the IT services industry.
“On behalf of the Board, I would like to thank Elmer for his strategic vision and leadership during this important period of transformation for AIC,” said Dr. Krzysztof Burhardt, Chairman of the Board of Analysts International. “We are grateful for his contributions to the business and wish him all the best in the future.
“In January 2008, we laid out a strategic plan designed to transform AIC into a value-driven IT services company,” added Burhardt. “While the company has made significant progress against its plan over the course of the past two years, we have not yet delivered the performance necessary to return AIC to profitability and position the company for long-term growth. It’s time to take this organization to the next level and fully realize the potential that exists for AIC.
“As an AIC board member, Andrew is familiar with AIC’s strategic direction and operational capabilities. His knowledge of the business, combined with his strong track record of success working with other IT services companies, will serve us well moving forward,” said Burhardt. “We’re fortunate to have Andrew engage in this role and look forward to accelerating execution of the company’s strategy.”
Borgstrom has spent the past five years as Chief Executive Officer of RapiDemand, a Chicago-based consulting company that focuses on assisting businesses with developing and implementing growth strategies. Prior to RapiDemand, Borgstrom served as Chief Executive Officer of T-Systems, Inc., a global technology services company and division of Deutsche Telekom. He has also served as CEO for a number of other technology companies throughout his career, including Debis IT North America and Technology Asset Management. Borgstrom earned a B.S. degree in Computer Science and Systems Analysis from Taylor University in Upland, Indiana.
“For more than 40 years, AIC has been delivering world-class IT services to its clients and it is my pleasure to be able to leverage this great legacy,” said Borgstrom. “I believe in this company and its strategy. I also recognize the fact that we have work to do in order to deliver profits and shareholder value.”