07.02.2007 22:48:00
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Tech Data Corporation Appoints Thomas I. Morgan to Its Board of Directors
Tech Data Corporation (NASDAQ:TECD) today announced the appointment of
Thomas I. Morgan to its board of directors. Mr. Morgan was elected to
Tech Data’s board, effective immediately.
Mr. Morgan has successfully led companies in a variety of industries,
including most recently Hughes Supply, Inc., a leading distributor of
construction, repair and maintenance products, where he served as chief
executive officer from May 2003 until March 2006 when the company was
purchased by The Home Depot. Under his leadership, revenues of Hughes
Supply expanded from $3.0 billion to $5.4 billion. Mr. Morgan joined
Hughes Supply in 2001 as president and chief operating officer. Prior to
that, he served as chief executive officer of EnfoTrust Network, Value
America and US Office Products. Mr. Morgan began his career with Genuine
Parts Company (GPC), where he held positions of increasing
responsibility throughout the organization. He concluded his 22-year
career with GPC in 1997 serving as executive vice president of S.P.
Richards Co., a $1.1 billion subsidiary of GPC.
Mr. Morgan holds a bachelor’s degree in
business administration from the University of Tennessee. He also serves
on the boards of Rayonier, Inc., Waste Management and ITT Educational
Services.
"We are pleased to have Thomas Morgan join
Tech Data’s board of directors. His broad
operating knowledge coupled with a track record of accomplished
leadership will assist Tech Data’s continued
advancement as a technology supply chain leader,”
said John Y. Williams, chair of Tech Data’s
governance and nominating committee. "His
experience and knowledge of distribution operations make him a great
addition to our board. We look forward to his contributions.” About Tech Data
Founded in 1974, Tech Data Corporation (NASDAQ GS/NMS: 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.
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