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Digest
To become No. 1, tech data hires exec from No. 1
By TIMES WIRES
Published November 15, 2006
Tech Data's new CEO, Bob Dutkowsky, makes it clear he doesn't like being No. 2 in the IT distribution business. So he hired somebody with seven years of experience at No. 1, Ingram Micro, to head up the company's U.S. sales operation. Tech Data's newest senior vice president is Murray Wright, former general manager of Ingram Micro Canada and most recently president of Lenovo Canada, responsible for PC sales. Wright told a Canadian tech publication that he could pursue the Tech Data opportunity because the noncompete clause in his Ingram contract expired. "I am excited at the opportunity to lead a large sales force in the U.S. and I've always had respect for Tech Data," he said. SunTrust banking on new leader So long, Phil. Hello, Jim. Workers at SunTrust, the third-largest bank in Florida, will have a new boss to report to at the institution's Atlanta headquarters come January. L. Phillip Humann, who has led SunTrust the past eight years through plenty of ups and downs, is stepping down as CEO. Humann, 61, will remain chairman. Taking over as CEO is James M. Wells III, 60. Humann oversaw SunTrust's steady growth along with such miscues as the accounting woes a couple of years ago that triggered a management shakeup and an ill-fated attempt to buy the former Wachovia Bank (First Union won that battle and took on Wachovia's name). Some jobs coming here, more leaving What the Tampa Bay job market giveth, it also taketh away. News reports out of Virginia say Collegiate Funding Services, part of JP Morgan Chase, will downsize its Fredericksburg area office and send part of its 65-member telephone sales department to an existing Tampa Bay area facility. On the flip side, retailer Tampa's Sofa Express on East Adamo Drive issued a WARN notice to the state citing plans to cut 114 jobs and exit the area market. Sofa Express parent Klaussner Furniture plans to close more than a third of its Sofa Express and More stores and also leave Atlanta, Louisville, Las Vegas and Charleston, S.C.
[Last modified November 14, 2006, 23:47:59]
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