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5 Things To Know About New Ingram Micro CEO Paul Bay

Joseph F. Kovar, C.J. Fairfield

‘I’m honored to be CEO of such a phenomenal team and build further on our strategic imperatives to transform and modernize the way we do business, remove complexity for our partners, and be an indispensable business behind the many brands we serve,’ Bay says.

2. Sale Of Ingram Micro Freed Up Opportunities

Prior to September 2021, Ingram Micro was owned by China-based HNA Group, a conglomerate that invested all over the world, particularly in the transportation sector. Ingram Micro was HNA’s only foray into IT distribution.

While a part of HNA, Ingram Micro was ringed off separately from the rest of the conglomerate in order to prevent any appearance of Chinese influence in the U.S. IT distribution business. While Ingram Micro’s business, including its U.S. public sector business, did very well during the years it was part of HNA, it had to contend with government oversight.

Bay in July 2021 said the sale of Ingram Micro “absolutely” freed up opportunities for Ingram Micro to do more in the public sector, but he declined to detail what kind of oversight the company had been operating under.

“I can’t go into the details of it, but I would say we had a very solid relationship with CFIUS, which is the Committee on Foreign Investment in the United States,” he said. “As we mentioned, we were ‘ring-fenced,’ and that’s why we had the opportunity to really continue to deliver as successfully as we have because we were able to make the investments in our customers and continue to grow.”

 
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