J. Phillip Samper Retires; Kent B. Foster, Newly Appointed Ingram Micro CEO and President, Joins
SANTA ANA, Calif., March 6 /PRNewswire/ -- Ingram Micro Inc. (NYSE:IM)
, the world's largest wholesale provider of technology products and services, today announced the retirement of J. Phillip Samper, 65, from the company's board of directors. Samper joined Ingram Micro's board just prior to the company's IPO in October 1996 and has served on the executive committee and the human resources committee. As the newly appointed chief executive officer and president of Ingram Micro, Kent B. Foster, 56, will replace Samper on the board.
"The company and its shareholders deeply appreciate the hard work and dedication that Phil brought to the board," said Jerre L. Stead, chairman, Ingram Micro. "As a veteran of the rapidly changing information technology industry, he brought invaluable insight for the development of our new strategies to transform the company to address new market opportunities."
In addition to Ingram Micro, Samper has held top leadership and board director positions in Avistar Systems Corp., Cray Research Inc., Eastman Kodak Company, FRN Group, Gabriel Venture Partners, The Interpublic Group of Companies Inc., Quadlux Inc., PlaceWare Inc., Sun Microsystems Inc. and Sylvan Learning Systems Inc.
"One of my key objectives before retiring from the board was to lend my participation on the search committee," said Phil Samper, board member, Ingram Micro. "I am pleased that the search has been so successful and welcome Kent to Ingram Micro. He has the visionary leadership style to implement the strategies and initiatives currently in place."
About Ingram Micro Inc.
Operating in 34 countries, Ingram Micro Inc. (NYSE:IM)
is the world's largest wholesale provider of technology products and services, with sales exceeding $28 billion in 1999. Ingram Micro's key business units deliver fulfillment and distribution, product acquisition and selection, supply-chain automation and programs, as well as eProcurement to more than 175,000 technology solution providers, manufacturers and businesses located in more than 100 countries. Ingram Micro is driving the evolution of wholesale distribution for the information technology industry and is the operations engine behind leading global e-businesses today. Ingram Micro can be found at www.ingrammicro.com.
Source: Ingram Micro Inc.
Contact: Kimmerly Strohm, Media Relations of Ingram Micro Inc.,
714-382-4400, kim.strohm@ingrammicro.com; or Jennifer Marchetta of Benjamin
Group/BSMG Worldwide, 714-382-1403, jennifer_marchetta@benjamingroup.com, for
Ingram Micro Inc.
Website: http://www.ingrammicro.com/