Ingram Micro President/COO to Depart Company at Year-End
July 26 2007 - 4:00PM
PR Newswire (US)
Kevin M. Murai will relocate to his native Toronto to be with
family SANTA ANA, Calif., July 26 /PRNewswire-FirstCall/ -- Ingram
Micro Inc. (NYSE:IM), the world's largest technology distributor,
today announced that Kevin M. Murai, president and chief operating
officer, plans to resign from the company at the end of 2007 in
order to care for his extended family in Toronto. Alain Monie,
executive vice president and president of Ingram Micro
Asia-Pacific, will replace Murai as the company's new president and
chief operating officer, effective August 1, 2007. "Kevin has been
an outstanding leader, and I believe his contributions will benefit
the company for years to come," said Gregory M. Spierkel, chief
executive officer. "He has driven excellent results, unifying our
regions to leverage our global reach and execute on our strategy.
Kevin joined Ingram Micro nearly 20 years ago as a manager in our
Canadian information technology department, then rose through the
ranks to lead the Canadian, U.S. and North American operations
before his promotion to president of the corporation in 2004. He
led the North American profit-enhancement initiative four years ago
that significantly improved the long-term fundamentals of the
company. I will miss him, but I admire his devotion to his family."
Spierkel added: "I'm pleased we have strong executives within the
company to ensure a smooth succession. Alain has proven himself to
be a strong leader and I'm confident he will make an excellent
president and chief operating officer." During the five-month
transition period, Murai will transfer his responsibilities to
Monie, who will learn about the operations of each region and his
new corporate role. Due to the strategic significance of
Asia-Pacific, the operational leadership of the region will be
split among two executives who will report directly to Monie.
Shailendra Gupta will continue to lead the region's non-China
operations, with added responsibility for the Asia-Pacific
functional departments. Meinie Oldersma will continue to lead the
company's China Group, comprised of the People's Republic of China
and Hong Kong. Both Gupta and Oldersma will join the company's
worldwide executive team. Gupta, formerly the chief executive
officer of Tech Pacific, which the company acquired in November
2004, will become an officer of the corporation. Monie will also
supervise the regional presidents of North America, Europe and
Latin America - Keith Bradley, Hans Koppen and Alain Maquet,
respectively - and will be based at the company's corporate
headquarters. Monie joined Ingram Micro as executive vice president
in January 2003 and was appointed president of the Asia-Pacific
region a year later. Under his leadership, the region doubled in
size after the acquisition of Tech Pacific, transforming from a
break-even business in early 2004 to one of the company's more
profitable regions today. Before joining Ingram Micro, Monie was
president of the Latin American division of Honeywell International
and led the Asia-Pacific operations of Allied Signal Inc. He
completed his university studies, including an MBA, in France and
is fluent in three languages. "My decision to leave Ingram Micro
was extremely difficult," said Murai. "I have the comfort, however,
of knowing that the baton will be passed to an experienced,
effective executive. It has been a privilege for me to serve this
company for two decades and I have the utmost admiration and
respect for my fellow associates, management team members and board
of directors. I thank all of them for their counsel, support and
friendship over the last 20 years. The timing of my departure is
based solely on the needs of my family and was not influenced by
any company-related issues. I'm proud of the company's achievements
and of the progress made toward greater growth and profitability in
the future. I'm confident that the company is well positioned to
generate greater value for our shareholders, associates, customers
and business partners." About Ingram Micro Inc. As a vital link in
the technology value chain, Ingram Micro creates sales and
profitability opportunities for vendors and resellers through
unique marketing programs, outsourced logistics services, technical
support, financial services, and product aggregation and
distribution. The company serves more than 150 countries and is the
only global broadline IT distributor with operations in Asia. Visit
http://www.ingrammicro.com/. (c) 2007 Ingram Micro Inc. All rights
reserved. Ingram Micro and the registered Ingram Micro logo are
trademarks used under license by Ingram Micro Inc. DATASOURCE:
Ingram Micro Inc. CONTACT: Investors, Ria Marie Carlson,
+1-714-382-4400, , or Media, Jim Trainor, +1-714-382-2378, , or
Rekha Parthasarathy, +1-714-382-1319, , all of Ingram Micro Inc.
Web site: http://www.ingrammicro.com/
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