MAIN NEWS HEADLINES
November 20 – November 27, 2008 Edition
Ingram Executive
To Head Amazon
Leadership Board
Authorlink News/11/17/08–The Board of Directors of Amazon.com, Inc. has elected Alain Monié as a director of the Company, effectively immediately, and also appointed him to the Leadership Development and Compensation Committee of the Amazon Board, effective January 1, 2009. The appointment was filed November 17 with the SEC.
The timing of Monié’s appointment is particularly interesting in light of Google’s $125 million settlement last month with the Association of American Publishers and Authors Guild (pending court approval). Mr. Monié is President and Chief Operating Officer of Ingram Micro Inc. Google and Amazon are in a head-to-head battle to digitize and sell content. Amazon already owns Book Surge an on-demand printing, fulfillment and distribution operation. Lightning Source Inc., the world’s largest provider of one-off, demand-based book manufacturing and distribution solutions to the book industry.
Mr. Monié’ is also a director of Jones Lang LaSalle Incorporated. In connection with his election, Mr. Monié was granted a restricted stock unit award under the Company’s 1997 Stock Incentive Plan for 7,000 shares of common stock of the Company, to vest in three equal installments on the first, second and third anniversaries of his initial election assuming continued service as a director.
Mr. Monie, age 57, has been president and chief operating officer of Ingram Micro since August 1, 2007. He previously served as executive vice president and president of Ingram Micro Asia-Pacific from January 2004 to August 2007. He joined Ingram Micro as executive vice president in January 2003. Previously, Mr. Monie was an international executive consultant with aerospace and defense corporations from September 2002 to January 2003. Mr. Monie also served as president of the Latin American division of Honeywell International from January 2000 to August 2002. He joined Honeywell following its merger with Allied Signal Inc., where he built a 17-year career on three continents, progressing from a regional sales manager to head of Asia-Pacific operations from October 1997 to December 1999. Mr. Monie was elected to the Board of Directors of Jones Lang LaSalle Incorporated in October 2005.
Ingram Micro is the world’s largest wholesale distributor of computer products. It provides thousands of products — desktop and notebook PCs, servers, storage devices, CD-ROM drives, monitors, printers, and software — to 170,000 reseller customers around the globe.
