Original URL: http://www.channelregister.co.uk/2005/04/10/ingram_micro_splits_ceo_and_chairman/
Ingram Micro splits CEO and chairman roles
'Best practice'
Posted in IT Channel, 10th April 2005 22:37 GMT
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Kent Foster, Ingram Micro’s chairman and CEO, is retiring as CEO of the distie giant. But he is staying on to supervise the show as non-exec chairman. Separation of chairman and CEO roles is standard corporate governance practice in Europe, but not yet in America, where many bosses have three hats – chairman CEO and president.
Ingram has recruited in-house for its new CEO, with president Gregory Spierkel (48), who runs European ops, stepping up to the plate. Kevin Murai (41), a fellow president, now gets to be called chief operating officer too. Both men will join the board, following election at the company’s AGM on 1 June.
Spierkel gives an account of himself and goals in a interview with CRN here (http://www.crn.com/sections/breakingnews/breakingnews.jhtml;jsessionid=WUZMXEIJ0RPUUQSNDBCSKHSCJUMEKJVN?articleId=160502451)
Foster's valedictory statement is parked here (http://phx.corporate-ir.net/phoenix.zhtml?c=98566&p=irol-newsArticle&ID=692745&highlight=). ®
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