Ingram Micro 2013 Annual Report Download - page 11

Table of Contents
ten years with Godrej & Boyce Manufacturing Co. Ltd., India, a large diversified Indian conglomerate, where he held various managerial positions including
manufacturing plant responsibility.
 Ms. Jolliffe, age 61, is our executive vice president, human resources and has served in this role since July 2007. Ms. Jolliffe served as vice
president of human resources for the North American region from October 2006 until June 2007. She previously served as the vice president of human
resources for the European region from March 1999 to May 2007. Prior to Ingram Micro, she served in various executive roles in Canada with Holt Renfrew
Ltd. and White Rose Limited.
Mr. Park, age 61, has been our senior executive vice president and chief information officer since December 2013. Mr. Park previously served
as vice president and chief information officer at 3M Corporation from 2008 to 2013, senior vice president and chief information officer at Select Comfort
Corporation from 2006 to 2008, vice president and chief information officer for Maytag Corporation from 2000 to 2006, vice president and chief information
officer of global business services at AlliedSignal, and later with Honeywell International, following AlliedSignal’s acquisition of Honeywell from 1996 to
2000.
ITEM 1A. RISK FACTORS
CAUTIONARY STATEMENTS FOR PURPOSES OF THE “SAFE
HARBOR” PROVISIONS OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995
The Private Securities Litigation Reform Act of 1995 (the “Act”) provides a “safe harbor” for “forward-looking statements” to encourage companies to
provide prospective information, so long as such information is identified as forward-looking and is accompanied by meaningful cautionary statements
identifying important factors that could cause actual results to differ materially from those discussed in the forward-looking statement(s). Ingram Micro
desires to take advantage of the safe harbor provisions of the Act.
Our periodic and current reports filed with the Securities and Exchange Commission, periodic press releases, and other public documents and
statements, may contain forward-looking statements. Forward-looking statements may be preceded by, followed by or include the words “expects,”
“anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “will,” “is designed to” and similar expressions. Forward-looking statements in this
Annual Report on Form 10-K may include, for example, management’s expectations of competition; market share; revenues, margin, expenses and other
operating results and ratios; economic conditions; vendor terms and conditions; deployment of enterprise systems; pricing strategies and customer terms and
conditions; organizational effectiveness program and related restructuring, integration and other reorganization costs; process and efficiency enhancements;
cost-savings; cash flows; working capital levels and days; capital expenditures; liquidity; capital requirements; acquisitions and integration costs; operating
models; exchange rate fluctuations and related currency gains or losses; resolution of contingencies; seasonality; interest rates and expenses; and rates of
return, as well as other statements regarding our future operations, financial condition and prospects, and business strategy. In addition, our representatives
may participate in speeches and calls with market analysts; conferences, meetings and calls with investors and potential investors in our securities; and other
meetings and conferences. Some of the information presented in these calls, meetings and conferences may also be forward-looking. We disclaim any duty to
update any forward-looking statements, whether as a result of new information, future events or otherwise.
Described below and throughout this report are certain risks that could affect our business, financial results and results of operations. These risk
factors should be considered in connection with evaluating your investment in our company because these factors could cause our actual results and
conditions to differ materially from our historical performance or those projected in our forward-looking statements. Before you invest in our company, you
should know that making such an investment involves risks, including the risks described below. The risks that have been highlighted here are not the only
ones that we face. There may be additional risks that are not presently material or known. If any of the risks actually occur, our business, financial condition
or results of operations could be negatively affected. In that case, the trading price of our common stock could decline, and you may lose all or part of your
investment.
RISK FACTORS
Our acquisition and investment strategies may not produce the expected benefits, which may adversely affect our results of operations. We
have made, and may continue to make, acquisitions or investments in companies around the world to further our strategic objectives and support key
business initiatives. Acquisitions and investments involve risks and uncertainties, some of which may differ from those associated with our historical
operations. For example, in 2012 and 2013 we acquired BrightPoint, a global leader in mobile device lifecycle services; Aptec, a Dubai-based value-added
distributor in the Middle East
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