The Information Technology 100
83
Ingram Micro
When the market for computers and other tech equipment returned after its four-year funk, Santa Ana (Calif.)-based Ingram Micro was ready. The world's largest wholesale distributor of computer and electronic products nearly doubled its distribution outlets in 2004 by buying Asia-Pacific powerhouse Tech Pacific for $554 million. The move helped boost sales 13%, to $25.5 billion, that year. And with 70 distribution centers and operations in more than 100 countries, Ingram Micro got a lift from a stronger euro. Now the tech distributor -- which supplies hardware and software to CompUSA, Office Depot, Amazon.com, and others -- is venturing into the wireless world with an expanded deal with Vodafone to distribute wireless devices in Europe as well as in Australia and New Zealand. Clearly, the funky days are long gone.
Company Info
| STOCK INFO | IM |
| Revenues* | $26.2 BILLION
|
| Revenue Growth | 12.1%
|
| Return on Equity | 9.9%
|
| Total Return | 9.4%
|
| Profits* | $224.8 MILLION
|
| Industry | DISTRIBUTORS
|
| CORPORATE WEB SITE
|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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Company Snapshot
Ingram Micro Inc., an information technology (IT) wholesale distributor, provides sales, marketing, and logistics services to the IT industry worldwide. The company distributes and markets various IT products from computer hardware suppliers, networking equipment suppliers, and software publishers. It has four primary product categories: networking, software, systems, and peripherals. Networking category includes networking hardware, communication products, and network security products. Networking hardware includes switches, hubs, routers, wireless local area networks, wireless wide area networks, network interface cards, network-attached storage, and storage area networks. Communication products incorporate voice over Internet protocol communications, modems, phone systems, and video/audio conferencing. Network security hardware includes firewalls, virtual private networks, intrusion detection, authentication devices, and appliances. Software products include business application software; operating system software; entertainment software; middleware, developer software tools; security software, such as firewalls, intrusion detection, and encryption software; and storage software. Systems category offers various systems, such as servers, desktops, portable personal computers, tablet personal computers, and personal digital assistants. Peripherals category offers various peripheral products, including printers, scanners, displays, projectors, monitors, panels, mass storage, and tape. It also includes other products and services, such as components, including processors, motherboards, hard drives, and memory; supplies and accessories, such as ink and toner supplies, paper, carrying cases, and anti-glare screens; consumer electronics products, such as cell phones, digital cameras, digital video disc players, game consoles, and televisions; and various other services, such as installation services, professional services, service provider and carrier services, warranties and support, configuration and assembly, packaged services, and mobile communication services. The company sells its products to the resellers in various sectors, such as corporate resellers, direct and consumer marketers, and government and education resellers. Ingram Micro is headquartered in Santa Ana, Calif.
No. of Employees
13,600
Data provided by 
Kent B. Foster
Bio
Kent B. Foster has been Chief Executive Officer of Ingram Micro Inc. since March 2000 and its Chairman of the Board since May 2000. Mr. Foster served as President of GTE Corp., a leading telecommunications company with one of the industry’s broadest arrays of products and services from 1995 to 1999 and Vice Chairman of the Board of Directors from October 1993 until June 1995. He served as President of GTE Telephone Operations Group from January 1989 until June 1995. Since joining GTE in 1970, Mr. Foster served in a number of positions of increasing responsibility throughout the GTE system. Mr. Foster has been a Director of Campbell Soup Co. since 1996, a Director of J C Penney Co. Inc. since 1998 and a Director of Ingram Micro Inc. since March 2000. He has been a Director of New York Life Insurance Company since 1995 and chairs the Board's Governance Committee and Vice Chairman of the Corporate Organization & Compensation Committee and is a member of the Audit Committee. Mr. Foster served as a Director of GTE Corp. since 1992 to 1999. He is a Member of the Board of Governors of the Dallas Symphony Association and a Member of The Dallas Opera Executive Board. Mr. Foster is also a Personal Trustee of the GTE Foundation.
AGE: 61
Titles
Chairman of the Board and Chief Executive Officer
Total Compensation*
$ 6.4 MILLION
Total Value of Options**
$ 29.5 MILLION
Degrees Held
NA
* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year
Key Executives
Kent B. Foster, Kevin M. Murai, Gregory M.E. Spierkel, Keith W. F. Bradley, Henri T. Koppen, Thomas A. Madden, Alain Monié, Larry C. Boyd, William D. Humes, Alain Maquet, Karen E. Salem, Matthew A. Sauer, James F. Ricketts
Board Members
Kent B. Foster, Howard I. Atkins, Martha R. Ingram, Linda Fayne Levinson, Kevin M. Murai, Gregory M.E. Spierkel, John R. Ingram, Dale R. Laurance, Gerhard Schulmeyer, Orrin H. Ingram II, Michael T. Smith, Joe B. Wyatt
