Tier 1 distributor Ingram Micro has announced that Alain Monie, president and chief operating officer, will resign effective Aug. 22, 2010. Monie has accepted a CEO post at an unnamed multinational industrial company based in Asia.
Monies duties will be spread out over several executives, according to Gregory M. Spierkel, Ingrams CEO. Under the new COO-less (for now) hierarchy, the companys four regional presidents and top logistics executive will report directly to Spierkel, who will also assign some of the former COOs tasks to other executives in what appears to be an evolving process.
After stints as president of the Latin American division of Honeywell International and head of Allied Signal Inc.s Asia-Pacific operations, Monie joined Ingram Micro as executive vice president in January 2003. The following year, he was appointed president of the Asia-pacific region, and in 2007, was promoted to president and chief operating officer of the company.
Alain is an outstanding and worldly leader, providing a valuable combination of strong business and technical knowledge along with a first-hand global perspective, said Spierkel. As president of our Asia-Pacific business, he played a critical role in the acquisition of Tech Pacific, which doubled the regions size and transformed it from a break-even business in early 2004 to one of the companys more profitable regions today. Since his promotion to corporate chief operating officer, he has been a driving force behind operational improvements that will benefit our company for many years to come. He is a detailed executive with the strategic insight to move an organization forward.
For Monies part, the lure of a CEO post for an Asia-based corporation was too much to resist. My seven years at Ingram Micro have been very productive and rewarding, which made my decision to leave extremely difficult, he said. Im proud of the companys achievements throughout the world, from building an unparalleled presence in emerging markets to taking innovative steps into logistics, cloud services and data capture.
My Ingram Micro colleagues are some of the brightest, most engaged executives I have encourntered in my 30-plus-year career. I will miss them, and thank them for their support, friendship and professionalism. I was presented, however, with an ideal professional opportunity that I could not ignore. Im pleased to leave the company in a position of strength, as it benefits from the many improvements weve made over the last two years.
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