DEFA14A 1 pi71265.txt DEFA14A ================================================================================ United States Securities and Exchange Commission Washington, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant [x] Filed by a party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 POMEROY IT SOLUTIONS, INC. ------------------------------------------------ (Name of Registrant as Specified in its Charter) -------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11 1) Title of each class of securities to which transaction applies: N/A 2) Aggregate number of securities to which transaction applies: N/A 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): N/A 4) Proposed maximum aggregate value of transaction: N/A 5) Total fee paid: N/A [ ] Fee paid previously with preliminary materials. N/A [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: ================================================================================ Item 1. On July 5, 2007, Pomeroy IT Solutions, Inc., issued the press release set forth below announcing the termination of Stephen E.Pomeroy as the Company's President and Chief Executive Officer. Stephen Pomeroy continues to serve as a director of our company. However, our board of directors has voted to withdraw the nomination of Stephen Pomeroy to stand for election as a director nominee at our 2007 Annual Meeting of Stockholders. We intend to reschedule our 2007 Annual Meeting of Stockholders and to resolicit proxies from stockholders with an appropriate supplement to our definitive proxy statement. PRESS RELEASE POMEROY TERMINATES PRESIDENT/CHIEF EXECUTIVE OFFICER Kevin Gregory Named President/Chief Executive Officer on Interim Basis Hebron, KY - July 5, 2007 - Pomeroy IT Solutions, Inc. (NASDAQ: PMRY) today announced that on July 3, 2007, following a review by independent counsel, its Board of Directors terminated Stephen E. Pomeroy as the Company's President and Chief Executive Officer. In addition, Mr. Pomeroy's employment was terminated in accordance with the terms of his employment agreement. The terminations were due to certain conduct and actions of Mr. Pomeroy none of which involved any financial impropriety or illegal actions. The Board appointed Kevin G. Gregory, 44, as President and Chief Executive Officer of the Company for an interim period, with a term commencing on July 3, 2007. Mr. Gregory will continue to serve as the Company's Chief Financial Officer. The Company's core management team remains intact and is dedicated to the Company's goals and mission. The Board of Directors is commencing an executive search to choose a permanent President and Chief Executive Officer of the Company.