Share this article

print logo

CTG shuffles executive jobs

Computer Task Group further shuffled its executive ranks Friday, naming Filip J.L. Gyde, its top executive in Europe as the Buffalo information technology company’s interim executive vice president of operations.

CTG also named John M. Laubacker, the company’s treasurer, as its interim chief financial officer, filling a vacancy that was created when Brendan M. Harrington, its CFO, was named interim CEO following the sudden death of chief executive James R. Boldt nearly three weeks ago.

The company also said that Michael J. Colson, the senior vice president of CTG’s solutions business, had resigned “to devote his energies to interests in community service and to pursue other career opportunities.”

CTG’s solutions business had been behind much of the company’s growth in recent years, but that market has stalled lately as cash-strapped hospitals have held back on making big investments in electronic medical records systems and other healthcare projects.

CTG also said it plans to resume making purchases of its own stock under an existing share buyback plan that has authorization to repurchase as many as 750,000 shares.

email: drobinson@buffnews.com