PC Connection names Matthew Zafirovski president, COO
Zafirovski’s offer letter sets a $700,000 salary and a basic bonus rate of 100% of base salary, subject to performance-based acceleration tables.
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Rhea-AI Filing Summary
PC Connection, Inc. appointed Matthew Zafirovski as President and Chief Operating Officer effective October 12, 2026. He reports to Chief Executive Officer Timothy J. McGrath, who ceased serving as President on that date and remains CEO. Zafirovski’s annual base salary is $700,000, and he is eligible for the Executive Bonus Plan at a basic rate of 100% of base salary, subject to performance-based acceleration tables. He will be granted 25,000 restricted stock units entitling him to an equal number of common shares, vesting at 25% per year beginning on the first anniversary of the grant date. If the company terminates his employment for a reason other than death, disability, or cause, he is entitled to severance equal to his base salary at the rate in effect on the termination date, for the shorter of six months or until he secures other employment.
8-K Event Classification
Key Figures
Key Terms
Executive Bonus Plan financial
performance-based acceleration tables financial
restricted stock units financial
severance payments financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 14, 2026, PC Connection, Inc. (the “Company”) announced that Matthew Zafirovski joined the Company as President and Chief Operating Officer effective October 12, 2026.
Prior to joining the Company, Mr. Zafirovski, 41, served as Chief Executive Officer of Tusker, a full-service technology solutions provider, from 2022 to 2026, after previously serving as Chief Operating Officer of Tusker from 2020 to 2022. Mr. Zafirovski has also held leadership roles with Groupon, Apple, McKinsey & Company and Meadowood Associates. He earned an MBA from Northwestern University’s Kellogg School of Management and a bachelor’s degree in public policy from Duke University.
In connection with his appointment, the Company entered into an offer letter with Mr. Zafirovski, dated October 8, 2026 (the “Offer Letter”).
Mr. Zafirovski’s annual base salary will be $700,000, and he will be eligible to participate in the Company’s Executive Bonus Plan at a basic rate of 100% of base salary, subject to performance-based acceleration tables. Additionally, Mr. Zafirovski will be granted 25,000 restricted stock units entitling him to receive an equal number of shares of the Company’s common stock, such restricted stock units to vest at a rate of 25% per year, beginning with the first anniversary of the date of grant.
Pursuant to the terms of the Offer Letter, in the event Mr. Zafirovski’s employment is terminated by the Company for any reason other than death, disability, or cause, he is entitled to receive severance payments in an amount equal to his base salary at the rate in effect on the date of termination (the “Termination Date”) for a period of (i) six months or (ii) until such time as he secures other employment, whichever is shorter.
The foregoing description of the Offer Letter is qualified in its entirety by reference to the Offer Letter, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
In connection with Mr. Zafirovski’s appointment, Timothy J. McGrath ceased serving as President of the Company, effective October 12, 2026. Mr. McGrath continues to serve as the Company’s Chief Executive Officer.
On October 12, 2026, PC Connection, Inc. a Delaware corporation (the “Company”), appointed Matt Zafirovski as Chief Operating Officer, effective October 12, 2026.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
10.1 | Offer Letter between PC Connection, Inc. and Matthew Zafirovski, dated October 8, 2026. | |
99.1 | | Press Release issued by PC Connection, Inc. on October 14, 2026. |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 14, 2026 | PC CONNECTION, INC. | |
By: | /s/ Thomas C. Baker | |
Thomas C. Baker | ||
Senior Vice President, Chief Financial Officer & Treasurer | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
Corporate Communications Contact:
Jeff Frank, 603.683.2083
jeff.frank@connection.com
Investor Relations Contact:
Thomas Baker, 603.683.2505
Senior Vice President, CFO, and Treasurer
tom@connection.com
Matt Zafirovski Joins Connection as President and Chief Operating Officer
Merrimack, NH—October 14, 2026—Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading provider of information technology solutions to business, government, healthcare, and education markets, is pleased to announce that Matt Zafirovski has joined the Company as President and Chief Operating Officer, effective October 12, 2026, reporting to Timothy McGrath, Chief Executive Officer. McGrath, who previously served as President and Chief Executive Officer, will continue to serve as the Company’s Chief Executive Officer. “Matt is a proven leader with broad experience across technology, operations, strategy, and business transformation,” said Timothy McGrath. “His customer-focused approach, history of building high-performing teams, and ability to scale organizations make him an outstanding addition to our leadership team. We look forward to working together as Connection continues to execute its strategy, drive growth, and create long-term shareholder value.”
“I am honored to join Connection at an important point in the Company’s growth,” said Zafirovski. “Connection’s strong customer relationships, talented team, and commitment to simplifying complex technology challenges provide a compelling foundation for the future. I look forward to partnering with Tim and the leadership team to build on that momentum and deliver sustainable value with a focus on our customers, employees, and partners.”
Zafirovski brings more than 15 years of leadership experience across technology, consulting, global operations, and business transformation. Most recently, he served as Chief Executive Officer of Tusker after previously serving as its Chief Operating Officer. At Tusker, a national IT solutions and services provider, Zafirovski helped nearly double revenue by driving organic growth, executing strategic acquisitions, and expanding services. He brings that proven record to Connection to help accelerate growth, scale capabilities, and drive stronger profitability. Earlier, he held leadership and advisory roles with Groupon International, McKinsey & Company, Apple, Meadowood Associates, and Chicago Public Schools. He earned an MBA from Northwestern University’s Kellogg School of Management and a bachelor’s degree in public policy from Duke University.
About Connection
Connection, a Fortune 1000 company, calms the confusion of IT by delivering customers industry-leading technology solutions to enhance growth, elevate productivity, and empower innovation. Since 1982, Connection has set new standards for customer service and loyalty, earning the industry’s highest accolades. The Company offers expertise across multiple technology areas, including AI, cybersecurity, data center, digital workspace, multicloud, and technology services.
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