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INGRAM MICRO PRESIDENT AND COO ACCEPTS TOP POST AT HYPERION SOLUTIONS CORP.SANTA ANA, Calif., Oct. 12, 1999Ingram Micro Inc. (NYSE:IM), the world's largest wholesale provider of technology products and services, today announced that Jeffrey R. Rodek, the president and worldwide chief operating officer, has resigned from the company to accept the position of the chairman and chief executive officer of Hyperion Solutions Corp., the worldwide analytic application software leader with sales of $424.9 million in fiscal 1999. He has been a Hyperion Solutions board member since January 1998. "Jeff's valuable contributions have helped enable Ingram Micro to grow into the world-class organization it is today," said Jerre L. Stead, chairman and CEO, Ingram Micro. "Now, he will head up a premier technology company and lead it to even greater achievement. We wish him great success." Rodek joined Ingram Micro in January 1995 as president and COO, and was named president and worldwide chief operating officer in May 1996. During the past four years, he has been central to the successful growth of Ingram Micro, overseeing more than a dozen acquisitions around the world. In addition, Rodek championed the company's focus on customer service and advocated the development and expansion of Ingram Micro's global electronic commerce, which are company cornerstones today. Prior to his tenure with Ingram Micro, Rodek spent 16 years at Federal Express Corp. in several key executive positions, the last of which was the senior vice president of operations, the Americas. About Ingram Micro Inc.Ingram Micro Inc., headquartered in Santa Ana, Calif., is the world's largest wholesale provider of technology products and services, and a leader of assembly and integration services with sales of $25.5 billion for the past four reported quarters. The company and its subsidiaries operate in 34 countries and distribute more than 225,000 products to more than 140,000 resellers in 130 countries.
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