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You are here: Home / Archives for Alain Monie

Alain Monie

Ingram Micro Sold to Chinese Shipping Company for $6 Billion

February 18, 2016 by Ted Leave a Comment

BREAKING NEWS

Ingram Micro logoThe Associated Press is reporting that Ingram Micro, Inc., best known as parent company to custom integration distributor AVAD, has been sold to Tianjin Tianhai, a Chinese Shipping company in a deal worth roughly $6 billion. The all-cash deal works out to approximately $38.90 per Ingram Micro share, well over its previous close of $29.42.

See more on this surprising announcement… [Read more…] about Ingram Micro Sold to Chinese Shipping Company for $6 Billion

Filed Under: Financial, Industry Trends, News, Pivot Point, Strategy Tagged With: Alain Monie, Ingram Micro, Tianjin Tianhai

Sales Down, Losing Money, Ingram Micro CEO Says ‘Doing a Great Job’

August 12, 2015 by Ted Leave a Comment

AVAD Parent Ingram Micro Reports Fiscal 2nd Quarter Results

Ingram Micro logoIngram Micro, Inc. reported results for the second quarter and first half of their current fiscal year and it would be easy to be confused by these results. Why? Well, sales were down 3.2%, operating earnings dropped an astonishing 98%, and last year’s net income plunged into a net loss this year. Yet CEO Alain Monié said in accompanying materials, “Our teams are doing a great job…”

Really?!?! See why Monié feels Ingram Micro’s doing a great job… [Read more…] about Sales Down, Losing Money, Ingram Micro CEO Says ‘Doing a Great Job’

Filed Under: Distributors, Financial, News Tagged With: Alain Monie, Ingram Micro

Ingram Micro’s Q3 Financials Show Sales Up; Profits Down

October 30, 2014 by Ted Leave a Comment

Ingram Micro logoIngram Micro, Inc. released the financial results for their fiscal third quarter (the period ending Sept. 27, 2014) showing generally positive results. Sales for the quarter increased to $11.2 billion, a $1 billion or 11% increase over the $10.2 billion for the same period last year. According to Ingram Micro CEO Alain Monié, the increase was due primarily to “new wins” and “strong market share.”

But while gross profits were up, gross margins, operating income, and net income were all down for the period…and that fact led us to take a closer look.

See our report below on the financial results for Ingram Micro… [Read more…] about Ingram Micro’s Q3 Financials Show Sales Up; Profits Down

Filed Under: Brands, Distributors, Financial, Industry Trends, Management, News, Strategy, Tech Trends Tagged With: Alain Monie, Bill Hume, Ingram Micro

AVAD Hit by Significant Layoffs Associated with Ingram Micro Restructuring

March 10, 2014 by Ted Leave a Comment

BREAKING NEWS

AVAD LogoIn a story that has largely flown under the radar in our industry but is being widely discussed at street level, Ingram Micro has announced plans it calls its “global organizational effectiveness program” that, among other things, calls for substantial layoffs in its North American operations. These layoffs will hit a division that is one of our industry’s largest distributors of custom integration products, known to most of us as AVAD.

Details of the restructuring are incomplete…but what we know so far appears sobering… [Read more…] about AVAD Hit by Significant Layoffs Associated with Ingram Micro Restructuring

Filed Under: Distributors, Financial, Management, News, Pivot Point, Specialty, Strategy Tagged With: Alain Monie, AVAD, Ingram Micro

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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