Four promotes Stewart to chief executive

David Stewart is the new CEO of Four after two years as the company's chief operating officer.

David Stewart is the new CEO of Four after two years as the company's chief operating officer. Courtesy of Four.

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David Stewart will lead the technology distributor's new phase of its strategy as a portfolio company of Sverica Capital Management.

Four Inc. has hired a new chief executive in David Stewart, who first joined the public sector IT product reseller in 2008 and has been its chief operating officer for two years.

Stewart started as CEO on Feb. 5 and succeeds Jeff Nolan, who previously led Four over a two-year tenure and will remain executive vice chair of the board of directors.

Nolan and his wife Greta co-founded Four in 2006 as a provider of resale, financing and professional services to federal government agencies and commercial technology vendors.

Back in the fall, Four was acquired by the private equity firm Sverica Capital Management in a move aimed at positioning the contractor for a new phase of growth.

Four hit position No. 71 on the 2024 Washington Technology Top 100 rankings of the government market’s largest technology companies.

Stewart’s initial role at Four was vice president of corporate development, where he led its partnership and market opportunity identification work, then his promotion to COO took effect in February 2023.

Prior to Four, Stewart spent close to two decades at Arrow Electronics’ immixGroup public sector business that culminated with a stint as its vice president and general manager. His four-decade IT industry career also includes roles at IBM, Unisys and Satellite Business Systems.