The Best (And Worst) Channel Stocks Of 2013


CEO: Alain Monie

Dec. 31, 2012: $16.92
Dec. 31, 2013: $23.46
Change: +38.7%

Ingram Micro's sales for the first three quarters of 2013, ended Sept. 28, reached $30.7 billion, up a healthy 16.2 percent from the first three quarters of 2012. But net income for the three quarters was down 3 percent year-over-year to $204.6 million.

In September, Ingram named Paul Read the company's new president and COO, the latest in a number of executive changes at the Santa Ana, Calif.-based distributor. Alain Monie, who previously held those posts, was promoted to CEO in January.

Also in September, Ingram Micro added to its cloud portfolio by acquiring cloud hosting company SoftCom. But in December, the company dissolved its North America Specialty Solutions Division, redistributing its business units among other company divisions.



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