Lexmark named  Allen Waugermand as Lexmark president and chief executive officer.

Waugerman joined Lexmark at its inception in 1991 and has served in a variety of leadership roles, including leading the company on an interim basis during the CEO search. Since 2016 Waugerman has served as Lexmark senior vice president and chief technology officer.

Waugerman was selected after an extensive search in which numerous highly qualified candidates were considered. He succeeds Rich Geruson, who left the company in November 2018.

Waugerman holds a bachelor’s degree in electrical engineering from the University of Kentucky. He is a Dean’s Advisory Council member for the University of Kentucky College of Engineering and serves on the board of the YMCA of Central Kentucky.

Waugerman said that he look forward to leveraging our strengths and proprietary technologies toward broad global growth strategies that will position Lexmark for success well into the future.