Flextronics CFO and EVP Paul Read Elected to Ingram Micro Board of Directors

Aug 28, 2012, 08:00 ET from Ingram Micro Inc.

SANTA ANA, Calif., Aug. 28, 2012 /PRNewswire/ -- Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor and supply-chain services provider, today announced that its board of directors elected Paul Read, chief financial officer and executive vice president for Flextronics, to serve as an independent director, and appointed him to serve as a member of the Audit and the Human Resources Committees, all effective Sept. 1, 2012. The election of Read increases the Ingram Micro board of directors from 10 to 11.

"We welcome Paul to the board," said Dale R. Laurance, chairman of the board, Ingram Micro Inc. "Ingram Micro will benefit from his many years of hands-on, executive level financial experience, as well as his valuable perspective on successfully operating a complex global organization. We look forward to Paul's contribution."

Read, 46, has served as chief financial officer and executive vice president for Flextronics since June 30, 2008. Previously he served as the company's executive vice president of Finance for Worldwide Operations. Flextronics is a $30 billion, industry-leading, Fortune Global 500 electronics manufacturing services provider with more than 200,000 employees and operations in 30 countries. Read's financial management and operations background includes increasingly important roles at Flextronics where he has led many critical initiatives that include serving as the lead executive responsible for the integration of the Solectron acquisition. Prior to joining Flextronics in 1995, he held various senior financial positions in the United Kingdom with Allied Steel and Wire, STI Telecommunications and Associated British Foods.

Read graduated from the University of Wales as a qualified Chartered Management Accountant.

About Ingram Micro Inc.

As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics, technical and financial support, managed and cloud-based services, and product aggregation and distribution. The company is the only global broad-based IT distributor, serving 145 countries on six continents with the world's most comprehensive portfolio of IT products and services. Visit www.ingrammicro.com.

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SOURCE Ingram Micro Inc.