Where Are They Now?: 1999 Industry Hall Of Fame Inductees

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Steve Raymund

Achievement: As Chairman and CEO of Tech Data, Steve Raymund was heralded for his ability to turn a $3 million company into a $17 billion colossus. Raymund bought distributor Tech Data from his father Edward, a 1997 CRN Hall of Fame inductee, for $10,000 in 1981. In 1999 the company, originally Edward's 'side project', boasted a jump in revenue from $7.1 billion to $11.5 billion, with 17 percent growth in U.S. sales. Steve Raymund is known for his commitment to the company and desire to stay in tune with the industry as well as the distribution channel, seeking to understand them both as they evolved.

Today: Tech Data grew to become the world's second largest computer product distributor in 2004 -- trailing only Ingram Micro. In 2006 Raymund retired from Tech Data as CEO, but remains on the board, and is the Director of Wesco Distribution and PopCap Games.


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