ScanSource, Inc. Board of Directors Extends Executive Employment Agreements
29 5월 2008 - 4:15AM
Business Wire
ScanSource, Inc., (NASDAQ: SCSC), a leading international
value-added distributor of specialty technology products, announced
today that Mike Baur, its Chief Executive Officer, has signed an
extended employment agreement with ScanSource effective June 30,
2008 through June 30, 2011. Mr. Baur will also continue to serve on
the company�s Board of Directors. ScanSource entered into amended
and restated employment agreements with both its CEO, Mike Baur,
and its Vice President and Chief Financial Officer, Rich Cleys, for
additional three year terms. Said James Foody, Chairman, ScanSource
Board of Directors, �On behalf of the entire ScanSource Board, our
employees, shareholders, customers and vendors, I am pleased that
Mike Baur will continue to lead our company into the future. Mike
and his management team have delivered superior results, including
its recent Fortune peer ranking of number one in total investor
return over the ten year period 1997 to 2007 and number two in EPS
growth over the same period. The Company has a wealth of future
opportunities, including growing its existing businesses, potential
acquisitions, expanding abroad, and entering new technologies.
Based upon Mike Baur�s exceptional performance in the role of Chief
Executive Officer and the team he has developed, I can�t imagine a
better person to help build ScanSource�s operational excellence and
further its competitive lead within the industry for many years to
come.� About ScanSource, Inc. ScanSource, Inc. {NASDAQ:SCSC} is a
leading international distributor of specialty technology products.
The Company markets specialty technologies through�four sales
units:�ScanSource POS and Barcoding [automatic identification and
data capture�(AIDC) and point-of-sale (POS) products];�Catalyst
Telecom�(Avaya communications products); ScanSource Communications
(video conferencing, telephony and communications�products);�and
ScanSource Security (electronic security products). ScanSource,
Inc. serves the North America, Latin America and Europe markets.
Founded in 1992, the company ranks #901 on the Fortune 1000. For
more information, call the toll-free sales telephone number at
800.944.2432 or visit www.scansourceinc.com.
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