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Ingram Micro Announces Executive Leadership Moves To Further Capitalize On Global Growth And Profit Opportunities

Stocks in this article: IM

SANTA ANA, Calif., June 6, 2013 /PRNewswire/ -- To further accelerate Ingram Micro's (NYSE: IM) global growth and profitability plans and take full advantage of the diverse and complementary experience, tenure and skill sets of its senior leaders, Ingram Micro president and chief executive officer Alain Monie announced the following changes within the company's executive leadership team.

  • Shailendra Gupta , 50, will assume the newly created role of senior executive vice president, Mobility. In this position, he will focus on driving accelerated growth and profitability across the globe for this highly strategic market, including realizing meaningful near- and longer-term revenue and cost synergies from the October 2012 acquisition of device lifecycle mobility leader Brightpoint, Inc. In addition to his recent role as integration lead on BrightPoint, Gupta has spent the last six years heading Ingram Micro's Asia Pacific operations as senior executive vice president and president, Asia Pacific. In this role he has excelled at identifying and capitalizing on early market trends that have resulted in significant revenue growth and profitability contribution from key emerging markets including China and India. Gupta was CEO of Tech Pacific when Ingram Micro acquired it in 2004, its largest acquisition prior to BrightPoint. He then joined Ingram Micro and successfully led the seven country Tech Pacific integration. In his new global role, Gupta will remain in Singapore and will continue to report to Monie as a member of Ingram Micro's executive leadership team.
  • John Soumbasakis , 43, will be promoted to senior executive vice president and president, Asia Pacific. In his more than 10 year tenure with Ingram Micro, Soumbasakis has risen quickly through the ranks, and currently serves as executive vice president and president, Latin America, where he has regularly delivered record quarterly revenues and operating profitability for the region. He also championed and led the efforts to rebuild the company's operations in Brazil, returning the country to strong growth and significantly improving operating results after many quarters of underperformance. Previously, Soumbasakis served as senior vice president for Ingram Micro's Specialty Solutions Division in North America, where his responsibilities included oversight of strategy development and execution, as well as day-to-day operations. He will be based in Singapore and will continue to report to Monie as a member of Ingram Micro's executive leadership team.
  • Alain Maquet , 61, will assume the position of senior executive vice president, corporate. In his new role, Maquet will leverage more than three decades of experience in the IT industry to assist the company in continuing to improve its operational excellence and further expand globally its strategic initiatives. Maquet will also assume responsibility for the company's Latin American operations through the end of 2013 and will provide guidance and support for the leadership transition as discussed below. For the past four years, Maquet has served as senior executive vice president and president, Europe. In this role, he has successfully driven strong growth in higher margin businesses and markets, including enterprise computing/data center, Ingram Micro Logistics and data capture/point-of-sale, while also promoting best practices to support profitable growth across the region. Maquet joined Ingram Micro as managing director of France in 1993, and has served in multiple senior leadership roles in Europe and Latin America during his 20-year tenure. In his new role, Maquet will be based in Miami and be responsible for global productivity improvement. He will continue to report to Monie as a member of Ingram Micro's executive leadership team.
  • Gerhard Schulz , 50, will be promoted to senior executive vice president and president, Europe. Schulz currently serves as senior vice president, central and eastern Europe, where he has been instrumental in driving strong revenue growth and profit contribution from these countries, particularly Germany, the largest and most profitable country in the region. Schulz is also credited with building the company's Pan European business, while also playing a leading role in rapidly expanding the region's higher value business via multiple acquisitions complemented by significant organic growth. He joined Ingram Micro in 2000 as general manager, Germany sales, and quickly assumed roles of increasing responsibility throughout his tenure with the company, including senior leadership positions covering Germany, Switzerland, Hungary and Austria, where his accomplishments include driving efficiencies and productivity across the businesses, particularly within support functions. Schulz will continue to be based in Germany and will report to Monie as a member of Ingram Micro's executive leadership team.
  • Mike Zilis , 43, will assume the role of executive vice president and president, Latin America. Zilis was promoted to his current role as executive vice president, Asia Pacific, in 2012. In this capacity, he supports Gupta in oversight of the region's operations, while also leading special projects for the region, including the company's recovery program in Australia and assisting with the integration of the company's Middle East acquisition of Aptec. Zilis joined Ingram Micro in 2006 as senior vice president and corporate controller, with responsibilities for oversight of financial planning and analysis, external and internal financial reporting, Sarbanes-Oxley Section 404 compliance efforts, long-term strategic planning, financial due diligence and merger and acquisition work. He will be based in Miami and will report to Monie as a member of Ingram Micro's executive leadership team.

Each of these changes will be effective Aug. 1, 2013, with the exception of Zilis' assumption of responsibility for operations in Latin America, which will be effective Jan. 4, 2014.

"These executive moves further increase the resources and focus devoted to executing on our strategies and driving solid, profitable growth across all of our businesses," said Monie. "We are fortunate to have an excellent team of global leaders ready to take increased responsibilities and I look forward to continuing to work closely with all of our executives to deliver on our near- and longer-term global growth, profitability and total shareholder returns commitments."

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