Type Employee-owned Area served Worldwide CFO Albert Weiss VP Gary LoMonaco | Number of locations 50 (2014) CEO William Brennan Chief information officer Jeffrey Davies Subsidiaries Mentora Group, Inc. | |
 | ||
Industry IT services and Computer hardware Founder Rick Forsythe
Jim McArthur Key people William P. Brennan, President & CEO Headquarters Skokie, Illinois, United States Founded 1971, Skokie, Illinois, United States Profiles | ||
Forsythe Technology, Inc. is a IT infrastructure, professional services and financial services company located in Skokie, Illinois.
History
The company was founded in 1971 under the name Forsythe McArthur. With $200 in capital and a telephone on a dining room table as an office, founder Rick Forsythe and partner Jim McArthur started the company. In 1980 Jim McArthur sold his half of the company to Rick Forsythe. In 1982, Forsythe opened its first two offices to be located outside of Illinois in Georgia and Wisconsin. In 1988, the employee stock ownership program was established and in 2006 employees purchased the company from Rick Forsythe. In 2013 Forsythe reported its 43rd consecutive profitable year with revenues of $1.1 billion. In 2015 Forsythe formed the Meta7 division to focus solely on the Oracle Red Stack.