Black Box Corporation
Black Box Corporation

Black Box Corporation

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Black Box Corporation High Paying Jobs, Compensation Information and Expert Network Connections

lightbulbWhat are the highest paying jobs at Black Box Corporation?

Black Box is a wholly owned subsidiary of AGC Networks.

The company was founded as Expandor, Inc. by Eugene Yost and Richard "Dick" Raub, and offered printer switches popularly called "black boxes". It published a popular "Black Box Catalog" which was the basis of changing its name to Black Box Corporation in 1982.

Another division, Interlan, sold local area network equipment.

After a slow-down in business in the mid-1980s and Black Monday of 1987, Odyssey Partners acquired the company in 1988, through a leveraged buyout.

A proposed sale was met with a lawsuit, although the Interlan division was sold to Racal in 1989. Black Box was re-organized in 1990 after losses from the debt servicing. Despite getting $5.5 million in fees for the deal, Drexel Burnham Lambert filed for its own bankruptcy the same year. The no-action letter from the United States Securities and Exchange Commission in June 1990 has been used as a legal precedent for similar cases.

The profitable catalog sales business moved from Simi Valley in California to Lawrence, Pennsylvania and changed its name to Black Box Incorporated.

The telecommunications product business was split out to a subsidiary called Micom Communications Corporation. An initial public offering was made in December 1992 to cover the debt used to finance the 1990 deal, under the name MB Communications.

Highest paying job titles at Black Box Corporation include Network Engineer, Sr. Account Manager, and Enterprise Account Manager

Snapshot

Founded1976
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Total value of jobs:
$107,340,000
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Total Jobs:
21
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Average Pay:
$123,521
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Total Experts:
7
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% Masters:
18%

Top Experts at Black Box Corporation

Black Box Corporation Compensation

Network Engineer

$50K

$225K

Average Compensation:$121,176

Sr. Account Manager

$

$

Average Compensation:$NaN

Enterprise Account Manager

$80K

$225K

Average Compensation:$104,511

Project Manager

$90K

$175K

Average Compensation:$100,789

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