Ingram Micro Appoints Tenured Global Technology Executive Ernest Park As Chief Information Officer

Ingram Micro Appoints Tenured Global Technology Executive Ernest Park As Chief
                             Information Officer

PR Newswire

SANTA ANA, Calif., Nov. 21, 2013

SANTA ANA, Calif., Nov. 21, 2013 /PRNewswire/ --Ingram Micro Inc. (NYSE: IM),
the world's largest wholesale technology distributor and a global leader in
supply-chain and mobile device lifecycle services, today announced the
appointment of Ernest (Ernie) Park as senior executive vice president and
chief information officer, effective Dec. 2, 2013. He replaces Mario Leone,
who left the company earlier this year. Nimesh Dave, who had assumed
responsibility and oversight of the company's worldwide information and
business systems during the search for a new chief information officer,
continues his focus on driving productivity and efficiency across the
business, while helping to position Ingram Micro in the Cloud, in his role as
Ingram Micro executive vice president, global business process and cloud
computing.

In his new role, Park will be responsible for Ingram Micro's worldwide
information and business systems and will lead an information technology
organization that supports hundreds of thousands of transactions per day
through operations on five continents. Reporting to Ingram Micro chief
executive officer Alain Monié, Park will become a member of the worldwide
executive team and officer of the corporation.

Park brings to Ingram Micro nearly 30 years of information technology and
shared services leadership experience in industries including computer,
distribution, retail and diversified manufacturing. He has a proven record of
creating business value and driving best practices across large and complex
organizations through business and IT transformation, process re-engineering,
supply chain management, six sigma, shared service implementation, e-business
initiatives, managed services, outsourcing and off-shoring.

Monié commented, "Ernie has an excellent track record in transforming business
performance for multi-national organizations through technology and
efficiency. His extensive background in IT strategy and his years of
successful leadership will help ensure the continuity and successful
implementation of the objectives we have put in place to drive productivity
across our core distribution business while further executing on our strategic
initiatives in faster growing and higher margin businesses. We are confident
that Ernie will take our company to new levels of performance for our
customers, our partners and our associates and we are fortunate to welcome him
to our organization at this pivotal period in our growth."

Park was most recently vice president and chief information officer for 3M
Corporation, where he was responsible for the corporate-wide information
technology organizations supporting a leading diversified global technology
company with operations in 72 countries and 85,000 employees. Among his many
accomplishments at 3M, Park oversaw significant business and IT transformation
initiatives leveraging common business processes, standardized master data and
architecture/portfolio rationalization globally. Prior to joining 3M in 2008,
Park served as senior vice president and chief information officer at Select
Comfort Corporation since 2006. From 2000 to 2006, he served as senior vice
president and chief information officer for Maytag Corporation. He previously
led the global information technology infrastructure and shared services
applications organizations as vice president and chief information officer of
Global Business Services at AlliedSignal, and later with Honeywell
International, following AlliedSignal's acquisition of Honeywell in 1999. Park
also served in roles of increasing responsibility at Avnet Inc. from 1980 to
1996, culminating in his role as corporate vice president, technology
services.

Park earned both his Bachelor's degree in Mathematics and Computer Science,
and his M.B.A., from the University of California in Los Angeles. He served on
the Customer Advisory Board of Hewlett Packard, Sprint, Cognizant and Orange,
as well as on the Board of Governors for Engineering School of St. Thomas
University.

About Ingram Micro Inc.
Ingram Micro is the world's largest wholesale technology distributor and a
global leader in supply-chain and mobile device lifecycle services. 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 and mobile solutions, technical support,
financial services and product aggregation and distribution. The company is
the only global broad-based IT distributor, serving approximately 160
countries on six continents with the world's most comprehensive portfolio of
IT products and services. Visit www.ingrammicro.com.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995
The matters in this press release that are forward-looking statements,
including statements relating to the expected benefits of acquisitions and the
financial performance of the combined company, are based on current management
expectations. Certain risks may cause such expectations to not be achieved
and, in turn, may have a material adverse effect on Ingram Micro's business,
financial condition and results of operations. Ingram Micro disclaims any duty
to update any forward-looking statements. Important risk factors that could
cause actual results to differ materially from those discussed in the
forward-looking statements include, without limitation: (1) we have made and
expect to continue to make investments in new businesses and initiatives,
including acquisitions, which could disrupt our business and have an adverse
effect on our operating results; (2) we are dependent on a variety of
information systems, which, if not properly functioning, or unavailable, or if
we experience system security breaches, data protection breaches or other
cyber-attacks,  could adversely disrupt our business and harm our reputation
and earnings; (3) changes in macro-economic conditions may negatively impact a
number of risk factors which, individually or in the aggregate, could
adversely affect our results of operations, financial condition and cash
flows; (4) we continually experience intense competition across all markets
for our products and services; (5) we operate a global business that exposes
us to risks associated with conducting business in multiple jurisdictions; (6)
our failure to adequately adapt to IT industry changes could negatively impact
our future operating results; (7) terminations of a supply or services
agreement or a significant change in supplier terms or conditions of sale
could negatively affect our operating margins, revenue or the level of capital
required to fund our operations; (8) substantial defaults by our customers or
the loss of significant customers could have a negative impact on our
business, results of operations, financial condition or liquidity; (9) changes
in, or interpretations of, tax rules and regulations, changes in the mix of
our business amongst different tax jurisdictions, and deterioration of the
performance of our business may adversely affect our effective income tax
rates or operating margins and we may be required to pay additional taxes
and/or tax assessments, as well as record valuation allowances relating to our
deferred tax assets; (10) changes in our credit rating or other market factors
such as adverse capital and credit market conditions or reductions in cash
flow from operations may affect our ability to meet liquidity needs, reduce
access to capital, and/or increase our costs of borrowing; (11) failure to
retain and recruit key personnel would harm our ability to meet key
objectives; (12) we cannot predict with certainty what losses we may incur as
a result of litigation matters and contingencies that we may be involved with
from time to time; (13) we may incur material litigation, regulatory or
operational costs or expenses, and may be frustrated in our marketing efforts,
as a result of environmental regulations or private intellectual property
enforcement disputes; (14) we face a variety of risks in our reliance on
third-party service companies, including shipping companies for the delivery
of our products and outsourcing arrangements; (15) changes in accounting rules
could adversely affect our future operating results; and (16) our quarterly
results have fluctuated significantly. We also face a variety of risks
associated with our acquisitions and any other acquisitions we may make,
including: management's ability to execute its plans, strategies and
objectives for future operations, including the execution of integration
plans, and to realize the expected benefits of our acquisitions; growth of the
mobility industry, the government contracts business, and in new and untapped
markets in geographies outside the U.S.; and other uncertainties or unknown,
underestimated and/or undisclosed commitments or liabilities; and our ability
to achieve the expected benefits and manage the costs of the integrations of
our acquisitions.

Ingram Micro has instituted in the past and continues to institute changes to
its strategies, operations and processes to address these risk factors and
seek to mitigate their impact on Ingram Micro's results of operations and
financial condition. However, no assurances can be given that Ingram Micro
will be successful in these efforts. For a further discussion of significant
factors to consider in connection with forward-looking statements concerning
Ingram Micro, reference is made to Item 1A Risk Factors of Ingram Micro's
Annual Report on Form 10-K for the fiscal year ended Dec. 29, 2012; other
risks or uncertainties may be detailed from time to time in Ingram Micro's
future SEC filings.

© 2013 Ingram Micro Inc. All rights reserved. Ingram Micro and the registered
Ingram Micro logo are trademarks used under license by Ingram Micro Inc.

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SOURCE Ingram Micro Inc.

Website: http://www.ingrammicro.com
Contact: Investors: Media: Damon Wright (714) 382-5013,
damon.wright@ingrammicro.com; Danny Chung (714) 382-2378,
danny.chung@ingrammicro.com
 
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