SYRACUSE, N.Y. — CXtec has named a new CEO following the retirement of Peter Belyea, who had been with the company for more than 35 years and served as CEO from 2016-2024. The company has announced the appointment of Todd Zegers as the firm’s top official. Zegers, who joins CXtec with more than two decades […]
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SYRACUSE, N.Y. — CXtec has named a new CEO following the retirement of Peter Belyea, who had been with the company for more than 35 years and served as CEO from 2016-2024.
The company has announced the appointment of Todd Zegers as the firm’s top official. Zegers, who joins CXtec with more than two decades of experience at the forefront of IT Asset Disposition (ITAD) leadership, “brings insight and management expertise that will guide the Company through the next phase of growth,” CXtec said.
CXtec describes itself as North America’s largest provider of full-service information-technology (IT) lifecycle products. The company is headquartered inside City Center at 400 S. Salina St. in downtown Syracuse.
CXtec has been a portfolio company of Miami, Florida–based H.I.G. Capital since 2016. H.I.G. Capital is a global alternative investment firm with $67 billion of capital under management. The firm has a position on the CXtec board of directors and was involved in the search for a new CEO.
Zegers said he’s “honored” to step into the role of CEO “at such an exciting time” for CXtec.
“I’ve always been very impressed with the business and culture that CXtec has built, and I believe our opportunity to grow and work with even more partners to optimize their IT hardware management and service needs in a sustainable and cost-effective manner is limitless,” Zegers said in a statement. “I have already had the opportunity to meet and speak with hundreds of CXtec employees in the past days and weeks and I couldn’t be more excited to work with such an impressive group of people on how we can continue bringing value to the companies we work with. By partnering with major players in this space, identifying markets and industries where we can grow, and making strategic investments in the Company itself, we’ll be able to collectively expand on CXtec’s already distinguished legacy and lead the Company to future growth and success.”