Tom Meredith, Former Chief Financial Officer of Dell, Joins Brightstar as Vice-Chairman

MIAMI, Jan. 22 /PRNewswire/ -- Brightstar Corp., a leading global services company providing innovative supply chain solutions and value-added distribution to the wireless industry, announced that Tom Meredith will join Brightstar effective immediately as Vice-Chairman and will also serve as a member of the Board of Directors.

Mr. Meredith is the former chief financial officer of Dell. While at Dell, Mr. Meredith also served as the senior vice president of business development and managing director of Dell Ventures.  He is a co-founder and general partner of Meritage Capital, L.P., an investment management firm specializing in multi-manager hedge funds and is also chief executive officer of MFI Capital, the Meredith family's private investment arm.  

Mr. Meredith will report directly to Marcelo Claure, chairman, president & CEO, and will be responsible for leading special initiatives and strategic projects for Brightstar. Mr. Meredith brings a proven track record of financial and operation innovation in the technology industry and will drive efforts to integrate Brightstar's key business practices globally.  Mr. Meredith will also work with Brightstar's senior leadership team to identify and execute growth strategies that may include expansion into new markets and the continued innovation of services.

Mr. Claure commented, "We are very excited to have someone with Tom's stature and character join Brightstar." Mr. Claure further confirmed, "Tom will bring significant and relevant experience to Brightstar and I look forward to working in concert with him to execute Brightstar's strategies and shape the Company's future."

"I have known Marcelo for a long time, and admire everything he has been able to accomplish at Brightstar," said Mr. Meredith. "The wireless ecosystem continues to get more complex, and Brightstar is firmly positioned at the center of the ecosystem to help drive value to manufacturers, operators, and retailers alike." Mr. Meredith continued, "Companies like Brightstar are integral to the great innovation and growth coming out of the wireless space, and I am looking forward to spending time with Marcelo positioning and executing Brightstar's business strategy for years to come."

Brightstar's wireless expertise and local presence in 45 countries on six continents helps enable the value chains for many of the world's leading wireless manufacturers, operators, and retailers.

About Brightstar Corp.

Brightstar Corp. is a multi-billion dollar global leader in demand generation distribution and integrated supply chain solutions for the converging wireless and IT industries.  With sales and distribution facilities on six continents, Brightstar offers leading wireless and IT manufacturers the largest global reach, enabling the right product to be in the right place, at the right time.  Brightstar's supply chain solutions are used by the world's top network operators and retailers to improve financial results, increase EBITDA and turn their supply chains into a competitive advantage.  For more information on Brightstar, please visit www.brightstarcorp.com.

SOURCE Brightstar Corp.