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ScanSource, Inc. Enhances Finance Leadership

Stocks in this article: SCSC

ScanSource, Inc. {NASDAQ: SCSC}, the leading international value-added distributor of specialty technology products, has enhanced its Finance leadership with the promotion of Gerald Lyons to Senior Vice President, Finance and Principal Accounting Officer and Mary Gentry to Treasurer and Director of Investor Relations.

In his new position, Mr. Lyons assumes significant responsibility for the Company’s financial operations, including its Reseller Financial Services, Internal Audit, Treasury, Accounting and Finance departments. Prior to this position, Mr. Lyons served as Vice President, Financial Business Systems, where he was actively involved in the implementation, management and oversight of the Company’s financial systems and processes. Mr. Lyons joined ScanSource in 2007 as Vice President, Corporate Controller, where he was responsible for guiding the operation of the accounting function, as well as the strategic direction of the accounting team. Mr. Lyons will report to Rich Cleys, CFO, ScanSource, Inc.

Mary Gentry has served as Director of Investor Relations since joining the Company in 2011, where she is responsible for implementing a comprehensive global strategy for building and strengthening relationships with investors, analysts and the financial community. In her new role as Treasurer and Director of Investor Relations, Ms. Gentry will have the additional responsibility for the treasury functions of the Company, including managing the Company’s credit facility and associated banking relationships, cash management, and foreign currency risk. Ms. Gentry will report to Mr. Lyons.

“Both Gerry and Mary have been instrumental in creating efficiencies in our processes, as well as helping to develop our financial team and strengthen our internal financial solutions and processes,” said Rich Cleys.

“As a growing international Company, it is critical to continue to enhance our leadership in regard to our financial management and oversight,” said Mike Baur, CEO, ScanSource, Inc. “While we continue our search for a CFO to succeed Rich Cleys upon his future retirement, we are extremely pleased with the leadership we have in place.”

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