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Published on: 7/1/2008
Last Visited: 10/22/2008
Anthony A. Ibarguen Appointed to the Board
TEMPE, Ariz., Jul 01, 2008 (BUSINESS WIRE) -- Insight Enterprises, Inc. (the Company) (NASDAQ: NSIT), a leading, global provider of technology solutions, today announced that Anthony A. Ibarguen has been appointed to the Company's Board of Directors effective July 1, 2008.
I am very pleased to announce Tony Ibarguen's appointment to the Board, said Richard A. Fennessy, president and chief executive officer of Insight Enterprises.
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Tony brings more than 20 years of experience with leading companies in the technology industry to his board service.
His IT industry experience and deep expertise in sales, marketing and operations brings a great source of knowledge to us as we continue our focus on evolving our value proposition and accelerating growth at Insight.
Mr. Ibarguen is Chairman of the Board of Alliance Consulting Group, a privately-held IT consulting and software solutions firm with operations in the U.S. and India, where he was previously President and CEO.
Prior to joining Alliance, he acquired, developed and managed IT-oriented growth companies as Managing Director at Safeguard Scientifics (NYSE:SFE) and Internet Capital Group (NASDAQ:ICGE).
Mr. Ibarguen was previously President of Tech Data Corporation (NASDAQ:TECD).
During his tenure at $20 billion Tech Data, the company grew its revenue and net profits by over 50% per year while expanding its operations globally.
Earlier in his career, he held executive management positions at Entex Information Services (now Siemens Business Services) and IBM Corporation.
Mr. Ibarguen is currently a member of the board of directors of Codi, Inc. and is on the board of trustees of The Baldwin School and the Pennsylvania Academy of Fine Arts.
He has previously served on the board of ten other public and private companies and holds degrees from Boston College and Harvard Business School.
Mr. Ibarguen qualifies as an independent director in accordance with NASDAQ listing requirements.
He was appointed as a Class I director and will stand for election to the board at the 2009 annual meeting of stockholders.