United Stationers Announces Departure Of CIO
DEERFIELD, Ill., Aug. 7, 2013
DEERFIELD, Ill., Aug. 7, 2013 /PRNewswire/ -- United Stationers Inc. (NASDAQ:
USTR) announced that S. David Bent, Senior Vice President of eBusiness
Services and Corporate Chief Information Officer, will be leaving United
Stationers later this month to pursue a new career opportunity.
Cody Phipps, President and Chief Executive Officer commented, "Dave has
provided strong leadership in the development and strengthening of the
Company's information technology portfolio. We respect his decision to leave
the company and wish him well in his future endeavors."
This news release contains forward-looking statements that are not strictly
historical in nature. These statements are based on management's current
expectations, forecasts and assumptions. This means they involve a number of
risks and uncertainties that could cause actual results to differ materially
from those expressed or implied here. These risks and uncertainties include,
but are not limited to the following: United's reliance on key customers, and
the risks inherent in continuing or increased customer concentration; United's
ability to maintain its existing information technology systems and the
systems and eCommerce services that it provides to customers, and to
successfully procure, develop and implement new systems and services without
business disruption or other unanticipated difficulties or costs; the
creditworthiness of United's customers; and the availability of financing
sources to meet United's business needs.
Shareholders, potential investors and other readers are urged to consider
these risks and uncertainties in evaluating forward-looking statements and are
cautioned not to place undue reliance on the forward-looking statements. For
additional information about risks and uncertainties that could materially
affect United's results, please see the company's Securities and Exchange
Commission filings. The forward-looking information in this news release is
made as of this date only, and the company does not undertake to update any
forward-looking statement. Investors are advised to consult any further
disclosure by United regarding the matters discussed inthis releasein its
filings with the Securities and Exchange Commission and in other written
statements it makes from time to time. It is not possible to anticipate or
foresee all risks and uncertainties, and investors should not consider any
list of risks and uncertainties to be exhaustive or complete.
United Stationers Inc. is a leading wholesale distributor of business
products, with 2012 net sales of $5.1 billion. The company stocks a broad and
deep line of approximately 130,000 items on a national basis, including
technology products, traditional office products, janitorial and breakroom
supplies, office furniture, and industrial supplies. A network currently
comprised of 64 distribution centers allows it to deliver these products to
over 25,000 reseller customers. This network, combined with United's depth
and breadth of inventory, enables the company to ship most products overnight
to more than 90% of the U.S. and offer next-day delivery to major cities in
Mexico and Canada. For more information, visit unitedstationers.com.
United Stationers' common stock trades on the NASDAQ Global Select Market
under the symbol USTR.
For Further Information Contact:
P. Cody Phipps
President and Chief Executive Officer
Fareed A. Khan
Senior Vice President and Chief Financial Officer
United Stationers Inc.
SOURCE United Stationers Inc.
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