Well, at least Ingram Micro must be doing very well.
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EWSWIRE) Ingram Micro Chairman Demonstrates Confidence in Company's F
Ingram Micro Chairman Demonstrates Confidence in Company's Future
SANTA ANA, Calif., Dec. 28 /PRNewswire/ -- Ingram Micro (NYSE: IM) today
disclosed that Chairman and CEO Jerre L. Stead exercised options to acquire
one million shares of Class A Ingram Micro Common Stock. Stead has advised
the company that he intends to hold the shares with no plans to sell in the
foreseeable future.
About Ingram Micro Inc.
Ingram Micro Inc. (NYSE: IM), headquartered in Santa Ana, Calif., is the
world's largest wholesale distributor of technology products and services, and
a leading provider of assembly and integration services with sales of
$20.9 billion for the past four reported quarters. The company and its
affiliates operate in 31 countries and distribute more than 190,000 products
to more than 115,000 resellers in 120 countries. Ingram Micro can be found at
www.ingrammicro.com.
Ingram Micro is a trademark used under license by Ingram Micro Inc. All
other logos, brand names and product names are trademarks of their respective
companies.
SOURCE Ingram Micro Inc.
-0- 12/28/98
/CONTACT: Kimmerly W. Strohm, Investor Relations, 714-382-4400, or
Kirsten Frosh, Media Relations, 714-382-2727, both of Ingram Micro Inc./
/Web site: ingrammicro.com
(IM)
CO: Ingram Micro Inc.
ST: California
IN: CPR
SU: |
