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INGRAM MICRO APPOINTS LARRY L. ELCHESEN TO PRESIDENT OF ASIA-PACIFICSANTA ANA, Calif., and TORONTO, Canada, Nov.
26, 1996 "The Pacific-Rim nations are comprised of the fastest growing economies in the world, and as we are expanding our global reach, we are placing significant executive focus in this region," said Jeffrey R. Rodek, president and worldwide chief operating officer of Ingram Micro. Rodek continued, "Larry is one of our most talented executives. For the past eight years, he has been the driving force behind Ingram Micro's successful growth strategy in Canada. Under his leadership, we gained the number one market share in Canada in 1995. Larry is the perfect candidate to lead our Asia-Pacific operations." Jerre L. Stead, chairman and CEO of Ingram Micro added, "In addition to Larry's appointment, I've asked our vice chairman and chief executive officer of Ingram Alliance, David R. Dukes, to work closely with Larry as David has considerable Asia-Pacific experience, and has developed key relationships with our vendor partners in Japan and Korea." In a separate announcement today, Ingram Micro appointed David W. Rutledge to president of Ingram Micro Latin America, with continuing responsibilities over the company's Export Division. In addition to Latin America and the Export Division, Rutledge was previously responsible for the company's Asia-Pacific operations. In the interim period, Rutledge will serve as acting president of Ingram Micro Canada. Elchesen joined Ingram Industries, Ingram Micro's former parent company, in 1986 as corporate credit manager. Over the past 10 years, he excelled quickly and in 1988 was promoted to executive vice president and general manager of Ingram Computer Ltd. in Canada. In 1989, he was named president of Ingram Micro Canada. Ingram Micro Inc. (NYSE: IM), headquartered in Santa Ana, Calif., is the world's largest wholesale distributor of technology products and services, with 1995 sales of $8.62 billion. Worldwide sales for the first three quarters of 1996 totaled $8.47 billion. The company operates in 19 countries and distributes more than 36,000 products to over 100,000 resellers in 120 countries. |
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Kirsten
Frosh Kim Strohm |