Ingram Micro Appoints Alain Monie As CEO, Issues Upbeat Q4 Forecast

Ingram Micro Inc

appointed the company's President and Chief Operating Officer Alain Monie as its new Chief Executive. Monie will succeed Gregory M. Spierkel, who is stepping down as CEO. Ingram Micro issued an upbeat Q4 profit forecast. Ingram expects its adjusted Q4 profit to exceed the analysts' average estimates of $0.55 per share. IM shares gained 0.16% to close at $18.84 yesterday.