INDIANAPOLIS, May 10, 2011 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL), a global leader in providing supply chain solutions to the wireless industry, today announced that Vincent Donargo, who has served as Brightpoint's Chief Accounting Officer and Controller since 2005, has been appointed by the Company's Board of Directors to serve as Brightpoint's Executive Vice President, Chief Financial Officer and Treasurer.
Prior to joining Brightpoint in 2005, Mr. Donargo was employed in various financial positions with Aearo Company, a safety products manufacturing company and National Starch and Chemical Company, a specialty chemical manufacturing subsidiary of ICI Americas, Inc.
Mr. Donargo replaces Anthony W. Boor, Brightpoint's former Executive Vice President, Chief Financial Officer and Treasurer, with whom the Company has entered into a mutual separation agreement.
The Company also announced that Anthony Mackle has been promoted to Chief Audit Executive. Mr. Mackle has served as Brightpoint's head of internal audit since May, 2003. In addition, Thomas Ward has been promoted to Vice President of Investor Relations and Public Relations. Mr. Ward has served as Brightpoint's investor relations contact since June, 2010.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing end-to-end supply chain solutions to leading stakeholders in the wireless industry. In 2010, Brightpoint handled approximately 99 million wireless devices globally. Brightpoint's innovative services include distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers. Brightpoint's effective and efficient platform allows its customers to benefit from quickly deployed, flexible, and cost effective solutions. Brightpoint has approximately 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2010, Brightpoint generated revenue of $3.6 billion. Brightpoint provides distribution and customized services to over 25,000 B2B customers worldwide. Additional information about Brightpoint can be found on its website at www.brightpoint.com, or by calling its toll-free Information and Investor Relations line at 877-IIR-CELL (877-447-2355).
Certain information in this press release may contain forward-looking statements regarding future events or the future performance of Brightpoint. These statements are only predictions and actual events or results may differ materially. Please refer to the documents Brightpoint files, from time to time, with the Securities and Exchange Commission, including Brightpoint's most recent Form 10-K and Form 10-Q and Exhibit 99.1, thereto. These documents contain and identify important risk factors that could cause the actual results to differ materially from those contained in or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date these statements were made. Brightpoint undertakes no obligation to update any forward-looking statements contained in this press release.
CONTACT: Brightpoint, Inc. Tom Ward Investor Relations 317-707-2745 Brightpoint, Inc. Carolyn Manco Media Relations 317-707-2276