This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SED International Holdings Strengthens Growing Operations In Latin America

SED International Holdings, Inc. (Amex: SED), multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances and cellular products, today announced the promotion of Ronell Rivera to Senior Vice President for Latin America. Mr. Rivera had served as the General Manager of SED Colombia, the operation he founded in 1997. He will report directly to Jonathan Elster, President and Chief Executive Officer of SED.

The Company also promoted Mauricio Arcila to General Manager of SED Colombia. Mr. Arcila has been with SED for nearly 15 years, during which time he has had increasing responsibilities and roles within the company’s purchasing and marketing departments. SED Colombia, a subsidiary of SED International, is a leading distributor of computers, printers, networking equipment, consumer electronics, and other finished goods to resellers in Colombia. Major vendor lines for the division include HP, Acer, Dell, Lenovo, Toshiba, Samsung and Microsoft.

“We are delighted to promote these talented individuals who have contributed to the growth of our business in Latin America. For the first nine months of fiscal 2011, we grew sales in Latin America by approximately 22% year-over-year, and we see exceptional opportunity to expand our business in the region, which currently represents in excess of 20% of our total revenues,” said Jonathan Elster. “Ronell is a dynamic sales and marketing executive who has played an integral role in SED’s efforts in the region, while Mauricio has deep knowledge of our products and business and has proven to be a proactive manager, focused on meeting company goals. We are confident that the advancement of these seasoned executives will strengthen our relationships and help to accelerate SED’s growth in Latin America.”

“It has been an honor to lead the SED Colombia team,” said Ronell Rivera. “Their commitment and dedication to excellence has made SED a leader in sales and profitability in the Colombian market. Mauricio was a vital part of this success, and I am confident that he is the right person to lead this team and operation going forward. I am excited to embark on my new role and look forward to working with the entire SED Latin America team to position the company for continued growth and profitability in the region.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community


Chart of I:DJI
DOW 16,531.17 -111.84 -0.67%
S&P 500 1,973.98 -14.89 -0.75%
NASDAQ 4,791.0530 -37.2720 -0.77%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs