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Ingram Names Monie CEO

1/19/2012 04:30:22 PM Eastern

Santa Ana, Calif.
- Global IT distributor Ingram Micro has promoted president/COO Alain Monie to
CEO, effective April 20.

 Monie, who rejoined
the company
in November as president and will retain that title, succeeds
Gregory Spierkel.

"We are confident
that Alain is uniquely positioned to guide the company," chairman Dale Laurance
said in a statement. "He is an outstanding and worldly leader, fluent in three
languages with first-hand global business experience. He has proven to be a
strong executive with good strategic thinking."

Added Monie: "Ingram
Micro has a solid strategy with a strong management team. We will continue to
execute this strategy. I look forward to leading the team toward delivering on
our key initiatives, while providing best-in-class performance for our
customers, vendors and shareholders."

Monie originally
joined Ingram as executive VP in 2003 and was appointed president of the
Asia-Pacific region a year later. He was promoted to president/COO in 2007 and
resigned three years later to become CEO of April Management, a multinational
industrial company based in Asia.

Prior to joining
Ingram, he headed Latin American operations at Honeywell International, and
Asia-Pacific operations at Allied Signal. Monie has been a member of the Amazon.com
board since 2008, and was elected to the board of Ingram Micro in November.

Separately, the
company said it expects its fourth-quarter earnings ended Dec. 31, 2011, to
exceed analysts' estimates. "We finished the year with solid overall operating
results, with revenue in-line with our expectations and profitability
benefiting from favorable margins on hard disk drives driven by the global
supply shortage," Monie said.  Ingram
will post its Q4 and full-year results on Feb. 9.