Ingram Micro Promotes Bay as CEO Refocuses
Ingram Micro just announced four promotions amid its initiative to drive commerce and life cycle services (CLS) and cloud sales.
Paul Bay will start work as executive vice president and president global technology solutions next month. Bay’s promotion comes as CEO Alain Monié plans to devote more time to working with Nimesh Davé and Ken Beyer, who lead Ingram’s cloud and CLS units, respectively. Ingram Micro said it expects cloud and CLS to account for half of the company’s overall 2019 profit growth.
“Nimesh and Ken have each done a fantastic job building thriving businesses that are helping power the growth of many of the world’s leading companies and emerging brands. Our Cloud and CLS businesses are already experiencing strong revenue and profitability growth, and we have the opportunity to accelerate our performance even more,” Monié said. “I plan to spend significant additional time with the teams to further speed execution on our objectives, including increased investment to capture the tremendous market opportunities before us.”
Ingram Micro CEO Alain Monié will dedicate additional time to work even more closely with our Ingram Micro #Cloud and Commerce & Lifecycle Services teams to exponentially ramp the growth and profitability of the businesses. #ecommerce https://t.co/bIwuLZSJMA
— Ingram Micro (@IngramMicroInc) December 11, 2019
Bay previously served as executive vice president and group president of the Americas, and he will maintain his role leading the Americas tech solutions businesses. Mark Snider, the company’s group president of Europe, the Middle East and Africa, and Diego Utge, the group president of Asia Pacific, will report to him.
The distributor said it promoted Bay in order to “ensure the company continues to build on its well-established leadership position in the technology solutions industry.” Ingram’s global technology solutions unit generated upward of $45 billion in revenue.
Monié said he will work closely with Bay.
“Paul has been an integral part of our success during his tenure with us, and his industry insights and relationships have helped us further differentiate Ingram Micro and widen our lead over our competition,” Monié said. “This new challenge is a logical next step in Paul’s career progression, and I am confident his leadership, including partnering with Mark and Diego, will enable us to continue to deliver outstanding financial performance, leverage our global capabilities in areas such as IT agility, partner enablement and end-user influence, and build further on the superior customer experience our partners have experienced.”
Bay shared Ingram Micro’s road map with partners last month at the Ingram Micro One event.
The distributor is investing in automation, customer experience, and demand planning and inventory, and it has announced new financing programs for partners.
Ingram Micro is also promoting Bill Brandel to senior vice president of Canada, Alex Maier to senior vice president of Germany and Matt Sanderson to senior vice president of the U.K. and Ireland.