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Ingram Micro Announces New President of Latin America and Key Appointments in Worldwide Finance

SANTA ANA, Calif., Jan. 21 /PRNewswire/ -- Ingram Micro Inc. (NYSE:IM) , the world's leading wholesale distributor of technology products and services, today announced that Hans T. Koppen, 55, has joined the company as president, Ingram Micro Latin America. He will be responsible for the company's rapidly expanding operations in Latin America, and will also manage the company's Latin America Export Division in Miami. He will be based in Miami, reporting to Jeff Rodek, president and worldwide chief operating officer, Ingram Micro.

Koppen joins Ingram Micro from General Electric Capital Information Technology Solutions, where he most recently served as president, Latin America. In that role, he was instrumental in the acquisition and integration of resellers and distributors throughout the region. In 1971 he began his 24- year career with Control Data Corporation (CDC), where he held a variety of management positions in The Netherlands, Belgium, the United Kingdom, the United States and Mexico. In 1995, a number of foreign subsidiaries of CDC were acquired by AmeriData Global Inc., which was then acquired by General Electric Capital Information Technology Solutions one year later.

"Hans is a truly global executive with more than 25 years of extensive international experience in strategic planning and operations," said Rodek. "This experience, combined with his strong technology background, will be key to our continued growth in the region. Hans will also provide us with the added benefit of customer perspective, resulting from his years in the reseller community."

Koppen completed his undergraduate studies in The Netherlands and holds a bachelor's degree in economics from the University of Rotterdam and a bachelor's degree in electronics from the Institute of Technology Rotterdam. He also received a master's degree in management science from Boston University.

Senior vice president David W. Rutledge, 45, who has served as Ingram Micro's president of the region since 1996, has assumed the newly created position of senior vice president, corporate development, reporting to Michael J. Grainger, executive vice president and worldwide chief financial officer. In this key role, Rutledge will leverage his experience with multiple, diverse markets by leading the company's strategic planning, acquisition activities and other business development initiatives at the corporate level.

In addition, Michael L. Sternad, 47, has joined the company as vice president, financial planning and control, also reporting to Grainger. Sternad most recently ran his own consulting firm specializing in strategy, planning and control in multibillion dollar businesses. Prior to that he held executive positions with Carson Pirie Scott and Federal Express.

"In our ongoing strategic and financial planning for the company, we have identified key requirements relating to our worldwide financial infrastructure," said Grainger. "In addition, we are in an environment that involves industry consolidation throughout the world, and acquisitions will continue to be an important ongoing activity. David, Michael and our current worldwide finance team will provide the necessary focus on these areas."

Ingram Micro Inc., headquartered in Santa Ana, Calif., is the world's largest wholesale distributor of technology products and services, and a leading provider of assembly and integration services, with 1996 sales of $12 billion. The company and its affiliates operate in 31 countries and distributes more than 145,000 products to more than 100,000 resellers in 120 countries. Ingram Micro can be found at http://www.ingrammicro.com/.

(C) 1998 Ingram Micro Inc. All rights reserved. Ingram Micro is a trademark used under license by Ingram Micro Inc. All other logos, brand names and product names are trademarks of their respective companies.

Source: Ingram Micro Inc.

Contact: Kirsten Frosh of Ingram Micro Inc., 714-566-1000, ext. 22727,
or email: kirsten.frosh@ingrammicro.com

Website: http://www.ingrammicro.com/

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