Sanmina Names Eric Naroian Executive Vice President, Worldwide Sales And Marketing
New Position Reflects Sanmina's Expanding Global Footprint
SAN JOSE, Calif., Oct. 2 /PRNewswire/ -- Sanmina Corporation (Nasdaq: SANM), a leading electronics contract manufacturer, announced today the appointment of Eric Naroian as Executive Vice President, Worldwide Sales and Marketing, a new position. Mr. Naroian joins Sanmina from DDI Corporation. Jure Sola, Chairman and Chief Executive Officer of Sanmina, said, "I am very pleased that Eric is returning to Sanmina. I have known him for over 10 years and have witnessed his effectiveness as a communicator, manager and leader in our industry. In this new role, Eric will have overall executive responsibility of our fast growing worldwide sales and marketing organization. Having previously worked with Sanmina, Eric is an ideal fit for our organization. He has the necessary drive and understanding of our leading-edge technology and our commitment to customer service to help drive our growth. With Eric on board, we have strengthened our team and furthered our goal of being the global leader in the electronic manufacturing services (EMS) industry." Commenting on his new position, Mr. Naroian said, "I am very excited about rejoining the Sanmina team and expanding the sales, marketing and customer service programs to meet Sanmina's growing global client base. Quite simply our goal is to cost effectively meet our customers' manufacturing requirements for flexibility, speed, consistent reliability and outstanding customer service. With our advanced technology, total system solutions capability, and results-driven culture, I believe Sanmina is well positioned to deliver complete end-to-end solutions globally." Mr. Naroian has over 15 years in sales and management experience in the EMS industry. Most recently, he was Vice President, Value Added Operations at DDI Corporation, an EMS provider of design, development and manufacturing services. At DDI, he was responsible for all facets of assembly operations, including finance and business development. Before joining DDI in 1997, Mr. Naroian was Vice President of Sales of Sanmina. Previously, Mr. Naroian was Vice President, Sales and Marketing at Sigma Circuits, a manufacturer of electronic interconnect products acquired in 1998 by Tyco International. Mr. Naroian received his Bachelor of Science in Business Administration from Northeastern University in Boston, Massachusetts. Company Profile Founded in 1980, Sanmina Corporation (www.sanmina.com) provides a cost-efficient, design and manufacturing solution to the world's leading original equipment manufacturing (OEMs) in the communications, medical, industrial instrumentation, and high-end computer sectors. Sanmina's complete end-to-end solution includes design, engineering, circuit fabrication of bare printed circuit boards, circuit board and backplane order fulfillment, and end-of-life product services. OEMs benefit from this model by dealing with a single-source supply-chain and global supply-base, which helps them achieve cost efficiencies in material acquisition as well as flexibility to reduce lead times. Safe Harbor Statement The foregoing, including the discussion regarding the company's future prospects contain certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the company, changes in customer requirements and in the volume of sales to principal customers, the ability of the company to assimilate acquired business and to achieve the anticipated benefits of such acquisitions, and competition and technological change. The company's actual results of operations may differ significantly than those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in the company's 2000 Annual Report on Form 10-K filed with the Securities Exchange Commission on December 18, 2000, and the company's most recent quarterly 10-Q Report dated August 10, 2001. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X55325555
SOURCE Sanmina Corporation
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