Anthony A. Ibarguen Appointed to the Board
TEMPE, Ariz.--(Business Wire)--
Insight Enterprises, Inc. (the "Company") (NASDAQ: NSIT), a
leading, global provider of technology solutions, today announced that
Anthony A. Ibarguen has been appointed to the Company's Board of
Directors effective July 1, 2008.
"I am very pleased to announce Tony Ibarguen's appointment to the
Board," said Richard A. Fennessy, president and chief executive
officer of Insight Enterprises. "Tony brings more than 20 years of
experience with leading companies in the technology industry to his
board service. His IT industry experience and deep expertise in sales,
marketing and operations brings a great source of knowledge to us as
we continue our focus on evolving our value proposition and
accelerating growth at Insight."
Mr. Ibarguen is Chairman of the Board of Alliance Consulting
Group, a privately-held IT consulting and software solutions firm with
operations in the U.S. and India, where he was previously President
and CEO. Prior to joining Alliance, he acquired, developed and managed
IT-oriented growth companies as Managing Director at Safeguard
Scientifics (NYSE:SFE) and Internet Capital Group (NASDAQ:ICGE). Mr.
Ibarguen was previously President of Tech Data Corporation
(NASDAQ:TECD). During his tenure at $20 billion Tech Data, the company
grew its revenue and net profits by over 50% per year while expanding
its operations globally. Earlier in his career, he held executive
management positions at Entex Information Services (now Siemens
Business Services) and IBM Corporation. Mr. Ibarguen is currently a
member of the board of directors of Codi, Inc. and is on the board of
trustees of The Baldwin School and the Pennsylvania Academy of Fine
Arts. He has previously served on the board of ten other public and
private companies and holds degrees from Boston College and Harvard
Business School.
Mr. Ibarguen qualifies as an independent director in accordance
with NASDAQ listing requirements. He was appointed as a Class I
director and will stand for election to the board at the 2009 annual
meeting of stockholders.
About Insight
Insight Enterprises, Inc. is a leading provider of brand-name
information technology ("IT") hardware, software and services to large
enterprises, small- to medium-sized businesses and public sector
institutions in North America, Europe, the Middle East, Africa and
Asia-Pacific. The Company has more than 5,300 teammates worldwide and
generated sales of $4.8 billion for its most recent fiscal year, which
ended December 31, 2007. Insight is ranked number 477 on Fortune
magazine's 2008 'Fortune 500' list. For more information, please call
(480) 902-1001 in the United States or visit www.insight.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding Insight
Enterprises, Inc.'s business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For
a discussion of such risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report or Form
10-K for the most recently ended fiscal year.
Insight Enterprises, Inc., Tempe
Helen Johnson, 480-333-3234
Senior VP, Treasurer and Investor Relations
Helen.Johnson@insight.com
Amy Kweder, 480-333-3104
Senior Manager, Corporate Communications
Amy.Kweder@insight.com
Copyright Business Wire 2008
