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19.06.25 - 21:39
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Benchmark Announces Appointment of Glynis A. Bryan to Board of Directors (Business Wire)
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TEMPE, Ariz.--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, announces the appointment of Glynis A. Bryan to its Board of Directors.
Ms. Bryan brings a wealth of financial and operational expertise to Benchmark's Board. She recently retired as Chief Financial Officer of Insight Enterprises, Inc., where she served from 2007 to 2024. Prior to Insight, Ms. Bryan held senior financial leadership positions at Swift Transportation Co., APL Logistics, and Ryder System, Inc. She currently serves on the Boards of Ameriprise Financial, Inc., Pinnacle West Capital Corporation, and WESCO International, Inc.
“We are thrilled to welcome Glynis to our Board,” said Jeff Benck, President and CEO of Benchmark. “With over 20 years as a Chief Financial Officer, including her tenure at Insight Enterprises, Inc., Glynis has demonstrated exceptional skills in financial planning, mergers and acquisitions, and strategic growth initiatives. Her...
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02.06.25 - 15:06
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Kenneth Lamneck Joins TD SYNNEX Board of Directors (Business Wire)
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FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) welcomed Kenneth Lamneck to its Board of Directors (the “Board”) at its 2025 annual meeting of stockholders in April 2025. The Board subsequently appointed him to be Chair of its Nominating and Corporate Governance Committee.
A proven technology executive and seasoned board leader, Lamneck brings three decades of experience in business strategy and operations to TD SYNNEX's Board. He most recently served as President, Chief Executive Officer and board member of Insight Enterprises, Inc., and currently serves on the boards of Benchmark Electronics, Inc. and Fidelity National Information Services, Inc., in addition to TD SYNNEX.
“I'm honored to join TD SYNNEX's experienced Board of Directors at such a pivotal time in the company's evolution and look forward to working with leadership to drive transformation and deliver value for the global IT ecosystem,” said Lamneck.
Prior to Insight, Lamneck held multiple executive role...
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27.05.25 - 15:18
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Insight Enterprises Purchases Approximately $80 Million Of Its Common Stock From ValueAct Capital (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (Insight) today announced that it has entered into a stock repurchase agreement with ValueAct Capital Master Fund, L.P. (ValueAct Capital) to buy 600,000 shares of its common stock at a price of approximately $126.86 per share, with a value totaling approximately $76 million.
Insight's purchase of the shares was made as part of its existing $300 million stock repurchase program.
“Today's announcement reinforces our goal to optimize our capital structure and our business, while also creating substantial value for our shareholders.” stated Joyce Mullen, the Company's President and Chief Executive Officer. “This also represents another step in our continuing relationship with ValueAct Capital that began in 2021.”
“This transaction is a testament to our continued close engagement with the Insight team” said Alex Baum, partner at ValueAct Capital. “The sale of our shares back to the company enables ValueAct Capital to b...
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01.05.25 - 14:06
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Insight Enterprises, Inc. Reports First Quarter Results (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter ended March 31, 2025. Results include:
Gross profit decreased 8% year to year to $406.5 million while gross margin expanded 80 basis points to 19.3%
Cloud gross profit decreased 3% year to year
Insight Core services gross profit decreased 4% year to year
Consolidated net earnings decreased 89% year to year to $7.5 million
Adjusted earnings before interest, tax, depreciation and amortization (“EBITDA”) decreased 16% to $111.3 million year to year
Diluted earnings per share of $0.22 decreased 87% year to year
Adjusted diluted earnings per share of $2.06 decreased 13% year to year
Cash flows provided by operating activities were $78.1 million
In the first quarter of 2025, net sales decreased 12%, year to year, to $2.1 billion, and gross profit decreased 8%, year to year, to $406.5 million. Gross margin expanded 80 basis points compared to the first quarter of 202...
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17.04.25 - 22:03
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Insight Enterprises, Inc. to Report First Quarter 2025 Financial Results on May 1, 2025 (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today announced that it will release financial results for the quarter ended March 31, 2025, prior to market open on May 1, 2025, and will also host a conference call and live webcast at 9:00 a.m. ET to discuss the results of operations. The live webcast and replays of the conference call can be accessed at: http://investor.insight.com/
To access the live conference call, please register in advance using this event link. Upon registering, participants will receive dial-in information via email, as well as a unique registrant ID, event passcode, and detailed instructions regarding how to join the call.
About Insight
Insight Enterprises is a leading Solutions Integrator that helps clients solve technology challenges by combining the right hardware, software, and services. We're a global Fortune 500 technology company with a network of over 6,000 partners and experts around the world who provide access to end-to-e...
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20.02.25 - 22:18
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Ameriprise Financial Appoints Glynis A. Bryan to Board of Directors (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that Ms. Glynis A. Bryan has been appointed to its board of directors, effective March 1, 2025.
Ms. Bryan served as the chief financial officer of Insight Enterprises Inc. (NASDAQ: NSIT), a global software and technology solutions integrator, from 2007 through 2024. Prior to joining Insight, she served as the executive vice president and chief financial officer of Swift Transportation, Co. and as chief financial officer of APL Logistics. Ms. Bryan also held senior finance roles at Ryder Systems, Inc.
Ms. Bryan serves as a director of Pinnacle West Capital Corporation and Wesco International, Inc., and she is a former director of Pentair plc. Ms. Bryan earned an MBA from Florida International University and a BA from York University.
“My fellow directors and I are extremely pleased to welcome Glynis to the board,” said Jim Cracchiolo, chairman and chief executive officer. “Glynis brings a wealth of experience to Amer...
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06.02.25 - 14:06
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Insight Enterprises, Inc. Reports Fourth Quarter and Full Year Results (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) today reported financial results for the quarter and full year ended December 31, 2024. Highlights include:
Gross profit increased 1% year over year to $439.6 million with gross margin expanding 170 basis points to a record 21.2% for the fourth quarter and gross profit increased 6% for the full year to $1.8 billion with gross margin expanding 210 basis points to a record 20.3%
Insight Core services gross profit increased 12% year over year for the fourth quarter and increased 15% for the full year
Cloud gross profit grew 3% year over year for the fourth quarter and increased 21% for the full year
Consolidated net earnings decreased 59% to $37.0 million, year to year for the fourth quarter and decreased 11% to $249.7 million for the full year
Adjusted earnings before interest, tax, depreciation and amortization (“EBITDA”) decreased 11% to $141.1 million, year to year for the fourth quarter but increased 4% to...
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23.01.25 - 22:06
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Insight Enterprises, Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on February 6, 2025 (Business Wire)
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CHANDLER, Ariz.--(BUSINESS WIRE)--Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today announced that it will release financial results for the quarter ended December 31, 2024, prior to market open on February 6, 2025, and will also host a conference call and live webcast at 9:00 a.m. ET to discuss the results of operations. The live webcast and replays of the conference call can be accessed at: http://investor.insight.com/
To access the live conference call, please register in advance using this event link. Upon registering, participants will receive dial-in information via email, as well as a unique registrant ID, event passcode, and detailed instructions regarding how to join the call.
About Insight
Insight Enterprises, Inc. is a global Fortune 500 Solutions Integrator helping accelerate transformation by unlocking the power of people and technology. We architect, build and manage solutions for complex IT environments. Our digital transformation services include deep expertise in cloud, d...
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