Feeds

UK management blamed for Ingram woes

Distie's senior execs set out stall for planned recovery

  • alert
  • submit to reddit

Boost IT visibility and business value

Ingram Micro yesterday blamed former management for the UK misfortunes of the company. Greg Spierkel, president of Ingram Micro Europe, told journalists in London that the company could not pretend its woes were solely due to poor market conditions. Spierkel said ex-Ingram Micro UK MD Sandy Scott "didn't know the industry and didn't know the company". He described the current year as "a write off", and admitted to "two or three screw ups in Europe". But Spierkel claimed that next year the company would be stronger, saying UK sales for 1999 would be up on the previous year, despite a dip in the first half of this year. "We are miles ahead of where we were six months ago," he said. He would not comment on whether the UK operation was yet making a profit, but commented: "All things are turning in the right direction." In North America, Spierkel said that a lot of changes had been managed badly –- such as the staff cuts announced earlier this year. Worldwide, the company said it would be stepping up its services and Internet strategies. Ingram said there were a number of outsourcing agreements to be announced, including deals in the notebook and components sectors. But it refused to comment on what percentage of its sales came from services. And it rejected claims that ecommerce was making distributors redundant, saying it was providing logistics for companies such as Dell's online business and Buy.com. Spierkel also confirmed that the company had not yet found replacements for CEO Jerre Stead or COO Jeffrey Rodek –- who this quarter announced they were quitting the company. But the company remained upbeat about the future. It emphasised the fact that it had re-hired staff who left during Scott's reign in the UK –- including sales director Lloyd Pinder. And it pointed out that, despite three profits warnings in the last four quarters, it was still faring better than many of its rivals. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.