Another top exec quits Ingram

Ingram Micro saw its president and COO jump ship yesterday to run software company Hyperion Solutions. Jeffrey Rodek quit following three years at the US distributor, adding to Ingram's woes. He will be chairman and CEO of Hyperion, where he has been a board member since last January, according to a statement by Ingram. Ingram has not named a replacement for Rodek. This is just one link in a chain of setbacks for Ingram, and the second top level resignation the company has shouldered in just over a month. In September the company announced that CEO Jerre Stead would step down as soon as a replacement was found. This followed a profit warning for the third quarter. And last week it was reported that the company had been forced to delay its white-box expansion in the UK due to components shortages. Rodek was named Ingram president and COO in May 1996. He was responsible for developing Ingram's customer service and e-commerce businesses. He will replace Hyperion's CEO Stephen Imbler, who will become the company's president and COO. ® Register Factoid Hyperion is one of Saturn's moons, and in Greek mythology, Hyperion was the son of Uranus.