CLEARWATER, Fla.--(BUSINESS WIRE)--Sept. 13, 2006--Tech Data
Corporation (NASDAQ GS:TECD), a leading distributor of IT products,
today announced the appointment of Robert M. Dutkowsky to chief
executive officer and member of the Board, effective October 2nd. In
January, Tech Data announced its plans to expand the senior management
team by splitting the roles of chairman and chief executive officer. A
search committee formed by Tech Data's Board of Directors performed an
extensive review of a number of highly qualified candidates before
selecting Dutkowsky to succeed Steven A. Raymund as chief executive
officer. Raymund, who has led Tech Data since 1986, will continue to
support the company and provide industry knowledge as he continues in
his role as non-executive chairman of the board.
Dutkowsky, 51, comes to Tech Data from Egenera, Inc., a leader in
utility computing, where he served as chairman, president and chief
executive officer since February 2004 and led the company's expansion
efforts into new technology arenas and geographic markets. Dutkowsky's
extensive career in the information technology industry began in 1977
at IBM where he quickly rose through the ranks serving in a multitude
of sales, marketing and executive management positions including vice
president, distribution IBM Asia/Pacific and vice president, worldwide
sales and marketing for the RS/6000 line. During his 20-year IBM
tenure, Dutkowsky held an assignment working directly for former IBM
chief executive officer Lou Gerstner.
In 1997, Dutkowsky joined EMC Corporation to serve as executive
vice president, markets and channels; he was later promoted to
president of the Data General division at EMC. During his tenure at
EMC, Dutkowsky helped to grow revenues from $2 billion to nearly $9
billion. In 2000, he was appointed chairman, president and chief
executive officer of GenRad, Inc. and guided the publicly traded
company through its merger with Teradyne. In January 2002, Dutkowsky
was named president and chief executive officer of J.D. Edwards & Co.
Inc., and chairman in March of that same year. He left J.D. Edwards in
2004 at the conclusion of the company's integration with PeopleSoft.
Dutkowsky earned a bachelor's of science degree in labor and
industrial relations from Cornell University.
"Bob possesses a highly successful track record in driving sales
growth and leading companies through periods of change and
development. His sales expertise, business acumen and leadership
ability in the areas of distribution and product development are an
enormous addition to our company," commented Raymund. "I am very
pleased that Bob is joining Tech Data, and in speaking on behalf of
our entire organization, we look forward to his contributions as we
work to grow our company and deliver improved returns to our
shareholders."
Dutkowsky commented, "I am excited to be a part of an extremely
dynamic and successful organization. Steve and the talented management
at Tech Data have built an industry leading IT distribution company
with an extensive global reach, an exceptional team of employees and
highly focused operating fundamentals. I look forward to working with
the entire team at Tech Data, the customers and business partners, as
we further Tech Data's position as an industry leader worldwide."
About Tech Data
Founded in 1974, Tech Data Corporation (NASDAQ GS: TECD) is a
leading distributor of IT products, with more than 90,000 customers in
over 100 countries. The company's business model enables technology
solution providers, manufacturers and publishers to cost-effectively
sell to and support end users ranging from small-to-midsize businesses
(SMB) to large enterprises. Ranked 107th on the FORTUNE 500(R), Tech
Data generated $20.5 billion in net sales for its fiscal year ended
January 31, 2006. For more information, visit www.techdata.com.
CONTACT: Tech Data Corporation
Investor Contacts:
Jeffery P. Howells, 727-538-7825
jeff.howells@techdata.com
or
Charles V. Dannewitz, 727-532-8028
chuck.dannewitz@techdata.com
or
Media Contact:
Jarred LeFebvre, 727-539-7429, ext. 86261
jarred.lefebvre@techdata.com
SOURCE: Tech Data Corporation