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Ingram Micro today announced that Matt Sanderson will take on the role of country chief executive at Ingram Micro UK & Ireland, having successfully turned around the fortunes of operations in Australia.
Sanderson, who has held roles across the business at both local country and regional level in the EMEA and APAC regions, is widely credited with pulling Ingram Micro Australia back from the brink. In 2012, the Brit headed down under to get Ozzie operations back on track. Following a shaky ERP rollout, revenues had dwindled from $2.1bn in 2010 to a low of $1.2bn in 2012. By 2015, the distributor's sales had recovered, once again cracking the $2bn barrier, which made Sanderson something of a wonder boy amongst the Ingram channel folks.
This isn’t Sanderson’s first time to UK&I rodeo either. He headed up UK operations for three years, starting back in 2010.
Current UK chief Brent McCarty will return to the US to lead Ingram’s global sales initiative.
“We congratulate both Matt and Brent in their new roles and look forward to the continued development of Ingram Micro UK under Matt’s leadership,” said Gerhard Schulz Executive Vice President & Global Group President. “We cannot thank Brent enough for his commitment and believe his prior experience has fully prepared him to head up our global sales initiative”.
The game of executive musical chairs comes three months after Ingram announced that it was to be acquired for $6bn by Chinese conglomerate HNA Group. The transaction by HNA is expected to complete in the second half of the year, subject to overcoming regulatory hurdles. Soon after the deal, the two firms caused a bit of a stir by revealing that they did not intend to approach the Committee on Foreign Investment in the US (CFIUS) to obtain upfront approval. CFIUS, the body responsible for examining foreign acquisitions of US assets for national security concerns, has the authority to investigate the merger and could dismantle the deal or impose conditions. Although seeking upfront approval from CFIUS is voluntary, the received wisdom is that Chinese buyers should seek the panel’s approval before closing a deal.