Bell Microproducts Appoints Bruce M. Jaffe to Senior Vice President and Chief Financial Officer Position.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--July 16, 1997--Bell Microproducts (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BELM) announced today that Bruce M. Jaffe has been appointed to the position of Senior Vice President of Finance and Operations, and Chief Financial Officer for the company. In this new position, Jaffe will be responsible for all financial functions of the company, distribution operations and human resources. He will report directly to W. Donald Bell, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Bell stated, "We are very pleased to have Bruce join our team. We believe his extensive experience in all aspects of distribution and manufacturing businesses, including several years as President of a major company in our business, has uniquely prepared him to contribute significantly to Bell Micro. We consider Bruce a valuable addition to the company as we prepare to expand our business in the future." Reporting to Bruce Jaffe in this position will be Remo Canessa, Vice President of Finance and Secretary, Bob Sturgeon sturgeon, primitive fish of the northern regions of Europe, Asia, and North America. Unlike evolutionarily advanced fishes, it has a fine-grained hide, with very reduced scalation, a mostly cartilaginous skeleton, upturned tail fins, and a mouth set well back on the , Vice President of Distribution Operations and Linda Teague, Director of Human Resources. Jaffe was formerly President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Bell Industries, a $620 million distributor of electronic components. Jaffe held various positions with Bell Industries during his 29 years at that company, including President of Bell Industries Electronic Distribution Group, Executive Vice President and COO, and Senior Vice President and Chief Financial Officer. Jaffe holds a BS Degree in Business from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . He is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , and was a Senior Accountant with Price Waterhouse prior to joining Bell Industries as Assistant to the President in 1967. Bell Microproducts Inc. is a distributor of high technology products serving the industrial and commercial markets. The company markets a wide range of semiconductor products including memory, logic, microprocessors, and specialty components. The company also offers one of the industry's broadest selections of computer products including hard disk drives, optical drives, tape drives, PCMCIA (Personal Computer Memory Card International Association, San Jose, CA, www.pcmcia.org) An international standards body and trade association that was founded in 1989 to establish a standard for connecting peripherals to portable computers. PCMCIA created the PC Card. See PC Card. devices, subsystems and complete computer systems. In addition, Bell Microproducts offers an extensive set of value-added services including systems integration, testing, kitting, and contract assembly of printed circuit boards and subsystems through its Quadrus Manufacturing Division. CONTACT: Bell Microproducts Inc. W. Donald Bell, 408/451-9400 |
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