SANTA ANA, Calif.
Nov. 15, 2012
/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
, 42, an 18-year veteran of the information technology industry and current executive vice president of Ingram Micro North America, has been promoted to acting president of Ingram Micro North America, effective immediately. He will report to Alain Monié, president and chief executive officer, Ingram Micro Inc.
Bay will replace
, current senior executive vice president and president of Ingram Micro North America, who will step down from that position at the end of this year, at which time Bay will become senior executive vice president and president, Ingram Micro North America. Bradley will remain with the company through
March 1, 2013
, to assist Bay during this time and to help ensure continuity and a seamless transition.
"Paul is a respected and talented executive, with a track record of guiding operations to new levels of excellence," said Monié. "Under his leadership, he organized the North American commercial, corporate and advanced solutions groups into efficient, growing and highly profitable divisions. Bay knows the region extremely well and brings to his new role an ideal mix of experience in managing both large, complex operations as well as entrepreneurial start-ups. This is a highly important region for Ingram Micro and we're confident in his ability to build on Keith's good work and drive additional profitable growth throughout the region."
"I appreciate the board's and Alain's confidence in me and I'm excited about taking the reins of our North American operations," commented Bay. "
is operating well and executing on its financial and strategic goals and I am confident we will continue to deliver on our performance objectives."
"We thank Keith for his significant contributions to Ingram Micro's North American operations," Monié added. "Under his leadership, the team streamlined regional operations, strengthened the performance of the region and drove strategic investments that have resulted in increased profitability through a greater mix of sales of higher-margin products and services. Keith leaves a legacy that will benefit our organization for years to come, and we wish him well in his future endeavors."