Gateway has named its new CEO, after a seven-month search.
J. Edward Coleman will take over as named head of the third-largest PC vendor in the US on 18 September, replacing interim CEO Rick Snyder, who stepped in as the previous CEO Wayne Inouye left the company in February. Coleman was previously with Arrow Electronics, an electronic components distributor.
As CEO, Coleman has his work cut out for him. Gateway has been struggling recently, posting losses over the past several quarters as it tries to compete with larger competitors, Dell and HP. The company recently rejected a reported $450 million buyout offer from Lap Shun Hui, the founder of Gateway's eMachines line.
Rick Snyder will remain chairman of Gateway's Board.