SANTA ANA, Calif., July 31, 2013 /PRNewswire/ -- Ingram Micro
Inc. (NYSE: IM), the world's largest technology distributor and a
global leader in IT supply-chain, mobile device lifecycle services
and logistics solutions, today announced that Felix Wong, 46, a 20-year veteran of the mobile
telecommunications and technology industries, and a former
executive of BrightPoint for 12 years, has been promoted to
president of Ingram Micro Mobility Asia Pacific, effective
Aug. 1, 2013. Wong, who is
currently vice president and managing director of South East Asia for Ingram Micro Mobility,
will continue to be based in Singapore and will report to Shailendra Gupta, who assumes the newly created
role heading the company's global mobility operations as senior
executive vice president and president, Mobility, on Aug. 1, 2013, as announced by the company last
month.
Wong brings significant experience and knowledge in
telecommunications technologies and markets to his new position and
has established excellent, long-term relationships with carriers,
OEMs, resellers and major retailers. Wong will replace
Bruce Thomlinson, current president
of Ingram Micro Mobility Asia Pacific. Thomlinson will continue
with Ingram Micro as senior vice president, focusing on strategic
initiatives to further the company's growth in higher value
businesses, including driving additional opportunities for the
company's mobility businesses in the Asia
Pacific region. Upon assuming his new role, Thomlinson will
report to Alain Monie, Ingram Micro
president and CEO. He will initially work closely with Wong and
Gupta to help ensure continuity and a seamless
transition.
"We are fortunate to have a highly talented group of executives
ready and willing to take on new responsibilities," commented
Monie. "Felix and Bruce are highly respected executives and each is
recognized as an expert in the mobility and IT industries. They
both bring an excellent blend of innovation and established best
practices to their respective new positions and I am confident they
will excel in their new roles and help Ingram Micro continue to
drive solid growth, improving profitability and higher returns
across our business."
Wong has held roles of increasing responsibility with
Brightpoint Inc., which was acquired by Ingram Micro in
October 2012, and has been successful
in driving strategy and growth initiatives for the mobility
distribution and device lifecycle services businesses for the
Asia Pacific region. He joined the
company in 2001 when Advanced Portable Technologies – the business
he founded in 1992 and grew to $25
million in annual revenues – was acquired by BrightPoint. He
has been successful in driving mobility distribution and device
lifecycle services strategy and growth for the Asia Pacific region. He attended the
University of New South Wales (UNSW),
receiving bachelor's degrees in electrical engineering (with
honors) and computer science. Wong was also awarded a
graduate diploma from the Australian Graduate School of Management
at UNSW and a post graduate degree in applied finance from
Securities Institute of Australia.
Thomlinson has been with Ingram Micro Mobility for more than 25
years, which includes seven years at HatadiCorp, a wholesale
electronics and network service provision company he owned and led
prior to its acquisition by BrightPoint in 1996. He rapidly
progressed within the company to senior executive roles, including
managing director Australia,
president Asia Pacific and
president International Operations, and has been integral in
helping to drive growth and profitability across the company's
mobility businesses throughout Europe, the Middle
East and Africa, and
Asia Pacific.
Cautionary Statement for the Purpose of the Safe Harbor
Provisions of the Private Securities Litigation Reform Act of
1995
The matters in this press release that are forward-looking
statements are based on current management expectations. Certain
risks may cause such expectations to not be achieved and, in turn,
may have a material adverse effect on Ingram Micro's business,
financial condition and results of operations. Ingram Micro
disclaims any duty to update any forward-looking statements.
Important risk factors that could cause actual results to differ
materially from those discussed in the forward-looking statements
include, without limitation: (1) we have made and expect to
continue to make investments in new businesses and initiatives,
including acquisitions, which could disrupt our business and have
an adverse effect on our operating results; (2) we are dependent on
a variety of information systems, which, if not properly
functioning, or unavailable, or if we experience system
security breaches, data protection breaches or other
cyber-attacks, could adversely disrupt our business and harm
our reputation and earnings; (3) changes in macro-economic
conditions may negatively impact a number of risk factors which,
individually or in the aggregate, could adversely affect our
results of operations, financial condition and cash flows; (4) we
continually experience intense competition across all markets for
our products and services; (5) we operate a global business that
exposes us to risks associated with conducting business in multiple
jurisdictions; (6) our failure to adequately adapt to IT industry
changes could negatively impact our future operating results; (7)
terminations of a supply or services agreement or a significant
change in supplier terms or conditions of sale could negatively
affect our operating margins, revenue or the level of capital
required to fund our operations; (8) substantial defaults by our
customers or the loss of significant customers could have a
negative impact on our business, results of operations, financial
condition or liquidity; (9) changes in, or interpretations of, tax
rules and regulations, changes in the mix of our business amongst
different tax jurisdictions, and deterioration of the performance
of our business may adversely affect our effective income tax rates
or operating margins and we may be required to pay additional taxes
and/or tax assessments, as well as record valuation allowances
relating to our deferred tax assets; (10) changes in our credit
rating or other market factors such as adverse capital and credit
market conditions or reductions in cash flow from operations may
affect our ability to meet liquidity needs, reduce access to
capital, and/or increase our costs of borrowing; (11) failure to
retain and recruit key personnel would harm our ability to meet key
objectives; (12) we cannot predict with certainty what losses we
may incur as a result of litigation matters and contingencies that
we may be involved with from time to time; (13) we may incur
material litigation, regulatory or operational costs or expenses,
and may be frustrated in our marketing efforts, as a result of
environmental regulations or private intellectual property
enforcement disputes; (14) we face a variety of risks in our
reliance on third-party service companies, including shipping
companies for the delivery of our products and outsourcing
arrangements; (15) changes in accounting rules could adversely
affect our future operating results; and (16) our quarterly results
have fluctuated significantly. We also face a
variety of risks associated with our acquisitions of Brightpoint,
Inc., Aptec and Promark, and any other acquisitions we may make,
including: management's ability to execute its plans,
strategies and objectives for future operations, including the
execution of integration plans; growth of the mobility industry,
the government contracts business, and in new and untapped markets
in geographies outside the U.S.; and other uncertainties or
unknown, underestimated and/or undisclosed commitments or
liabilities; and our ability to achieve the expected
benefits and manage the costs of the integrations of our
acquisitions.
Ingram Micro has instituted in the past and continues to
institute changes to its strategies, operations and processes to
address these risk factors and seek to mitigate their impact on
Ingram Micro's results of operations and financial condition.
However, no assurances can be given that Ingram Micro will be
successful in these efforts. For a further discussion of
significant factors to consider in connection with forward-looking
statements concerning Ingram Micro, reference is made to Item 1A
Risk Factors of Ingram Micro's Annual Report on Form 10-K for the
fiscal year ended Dec. 29,
2012; other risks or uncertainties may be detailed
from time to time in Ingram Micro's future SEC filings.
About Ingram Micro Inc.
Ingram Micro is the world's largest wholesale technology
distributor and a global leader in IT supply-chain, mobile device
lifecycle services and logistics solutions. 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 and mobile
solutions, technical support, financial services and product
aggregation and distribution. The company is the only global
broad-based IT distributor, serving approximately 160 countries on
six continents with the world's most comprehensive portfolio of IT
products and services. Visit www.ingrammicro.com.
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SOURCE Ingram Micro Inc.