Four Inc. Appoints New President and CEO to Lead Future Growth Initiatives
Four Inc. Announces Leadership Changes to Propel Growth
In a significant shift within its leadership structure, Four Inc., a prominent public sector IT distributor, has appointed David Stewart as the new President and CEO, effective February 5, 2025. Jeff Nolan, the company’s Co-Founder and former CEO, will take on the role of Executive Vice Chair of the board, a position aimed at guiding the company through its next growth phase.
This transition is particularly noteworthy as it reflects Four Inc.'s strategy of leveraging experienced leaders to navigate shifts in the public sector IT landscape. Jeff Nolan, a veteran of the government contracting and IT industries for 40 years, has been instrumental in pioneering innovative financing solutions over the last two decades. Since founding Four Inc. in 2006 with his wife, Greta Nolan, he has played a critical role in steering the company’s growth trajectory.
In addressing the leadership transition, Jeff Nolan commented, “As Greta and I assessed potential future leaders for Four Inc., we focused on industry expertise, integrity, and alignment with our core values. It became clear that David Stewart was the right choice, given his extensive experience and proven leadership qualities.” Nolan emphasized that Stewart’s departure from the COO role to the CEO position is a natural progression that signals confidence in his ability to elevate the company further.
Stewart has been with Four Inc. for seven years, initially joining as the Vice President of Corporate Development. His leadership has been pivotal in forming strategic partnerships and entering new markets. “I am excited to lead Four Inc. in its next chapter as we continue to support our trusted partners within the public sector,” Stewart remarked. He aims to foster a more value-driven and integrity-focused approach that distinguishes Four Inc. from the traditional models prevalent in public sector distribution.
Before his tenure at Four Inc., Stewart held key positions at Arrow Electronics, where he oversaw the public sector business unit, spearheading services for software and hardware suppliers, and dramatically increasing the unit’s revenue to over $1 billion. His extensive experience also includes significant roles at leading firms like IBM and Unisys, which positions him well to navigate the complexities of the IT landscape.
The strategic growth investment made by Sverica Capital in September 2024 marks a pivotal point for Four Inc., providing the company with essential resources to fuel its ambitious goals. The investment firm is recognized for its commitment to building leadership in emerging industries and will aid Four Inc. in accessing capital to enhance its service offerings further.
Four Inc. specializes in empowering public sector manufacturers by connecting them with an extensive ecosystem of reselling partners, aiming to address the ever-evolving technological challenges faced by the public sector. It has consistently been recognized as a leading government contractor, earning accolades such as Washington Technology's