Ingram Micro 1999 Annual Report Download - page 7

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During his 29-year career at GTE
Corporation, Foster helped transform
the company from a local telephone
provider to a $25 billion global leader
in telecommunications services that
provides wireless service, nationwide
long-distance, and directory and
internetworking services ranging from
dial-up Internet access to Web-based
applications. Serving as president of
GTE from 1995–1999, Foster is credited
with focusing the company on new areas
of opportunity for profitable growth.
He was the architect of GTE’s strategy
to focus on the Internet and data services,
including the acquisition of BBN, the
company that pioneered the Internet
for the U.S. government.
Foster will lead our associates in
executing Ingram Micro’s strategy
to become the leading global service
provider of logistics and business-to-
business fulfillment.
55
Ingram Micro
Annual Report
new leadership for the
new millennium
Foster is the right person to lead Ingram Micro in the 21st century. He has a proven track record of managing change
in the dynamic telecommunications industry and a unique ability to transform a sizable organization.
Kent B. Foster was named Ingram
Micro’s chief executive officer and
president on March 6, 2000. He will
become chairman of the company’s
board of directors at the Annual Meeting
of Shareowners on May 17, 2000. Foster
is the right person to lead Ingram Micro
in the 21st century. He has a proven track
record of managing change in the dynamic
telecommunications industry and a unique
ability to transform a sizable organization.