William Pomeroy ’66, founder and CEO of CXtec (formerly CABLExpress Technologies), has been selected as the 2008 William F. Glaser ’53 Rensselaer Entrepreneur of the Year. Pomeroy’s company, based in Syracuse, N.Y., is a multimillion-dollar global provider of new and certified pre-owned networking, cable, and voice technology equipment. The company has been helping customers reduce the cost of their networking infrastructure for nearly 30 years.
He will be honored by the Paul J. ’69 and Kathleen M. Severino Center for Technological Entrepreneurship in Rensselaer’s Lally School of Management & Technology at a celebratory dinner April 8. The program also will feature a case study based on Pomeroy’s company, developed by two Lally School undergraduate students. Additional highlights of the program include a celebration in honor of the Severino Center’s 20th anniversary, along with awards and recognition of faculty, staff, and alumni who have been instrumental in working with the center to sponsor a wide range of programs focused on entrepreneurship and information technology.
Pomeroy also will deliver a keynote address to Rensselaer students, faculty, staff, and members of the surrounding community April 9. The event will be held in the Center for Biotechnology and Interdisciplinary Studies auditorium from 8 to 9 a.m.
In 2004, Pomeroy was diagnosed with AML, an aggressive form of leukemia that required treatment in Syracuse and Boston based hospitals. He received a stem cell transplant in May 2005, and shortly thereafter established the William G. Pomeroy Foundation. The foundation’s two areas of interest include historic preservation and research, and funding for research and support specifically related to blood cancers. In 2006, Pomeroy was honored to receive the annual Courage Award from the Leukemia & Lymphoma Society of Central New York.
Pomeroy holds a bachelor’s in engineering management from Rensselaer and an MBA from Wharton School of Finance at the University of Pennsylvania. Before founding CXtec, he was employed by several companies including IBM, Procter & Gamble, and General Electric, among others. He has received several awards and honors including the Ernst & Young Entrepreneur of the Year, the Syracuse University Distinguished Entrepreneur of the Year, and Rensselaer’s Alumni Association Fellows Award.
Last year, CXtec was ranked 195 on the VAR Business list of North America’s Top 500 Technology Integrators, and has ranked high among the “50 Best Companies to Work for in America” for the past four years. The company employs more than 360 people between its central and western New York facilities.
Established in 1990, the William F. Glaser ’53 Rensselaer Entrepreneur of the Year Award brings the world of entrepreneurship into Rensselaer classrooms by recognizing successful entrepreneurs and role models who share their wisdom and experiences with students. Past winners include Brendan McKernan ’00, co-founder and vice president of operations of Agencourt Biosciences Corporation; Fred Smith, chairman, president, and CEO of FedEx Corporation; James Crowe ’72, CEO of Level 3 Communications; John McDonnell ’61, founder, chairman, and CEO of Transaction Network Services; Paul Severino ’69, founder and chairman of Bay Networks; Mukesh Chatter ’82, founder, president, and CEO of Axiowave Networks; and William Mow ’59, founder of Bugle Boy Industries.
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