Brightpoint Announces Appointment of Two New Directors and Realigns Membership on Standing Committees.Business Editors NOTE TO MEDIA: Multimedia assets available Photos available at URLs: http://www.businesswire.com/cgi-bin/photo.cgi?pw.010903/bb7 http://www.businesswire.com/cgi-bin/photo.cgi?pw.010903/bb7a INDIANAPOLIS--(BUSINESS WIRE)--Jan. 9, 2003 Brightpoint, Inc. (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 :CELL) announced today that the board of directors (the "Board") has expanded to ten members with the appointment of two new directors, Marisa E. Pratt and Eliza Hermann, to serve as Class III Directors. Both directors were recommended by the Board's Corporate Governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. and Nominating Committee A nominating committee is a group formed usually from inside the membership of an organization for the purpose of nominating candidates for office within the organization. It works similarly to an electoral college, the main difference being that the available candidates, either and are Independent Directors under Brightpoint's recently announced Corporate Governance Principles and satisfy the proposed NASDAQ guidelines relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc director independence. Marisa E. Pratt is employed by Eli Lilly and Company Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company and one of the world's largest corporations. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. as the Vice President Finance for Eli Lilly Eli Lilly can refer to:
BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Chemical Engineering degree and earned a MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree from Indiana University. Marisa resides in Toronto, Canada. Eliza Hermann is employed by BP plc and is currently the Vice President Human Resources -- Gas, Power & Renewables. She has been with BP for 17 years, and has worked in a variety of human resources and strategy assignments over that time. Prior to her current role she led a team responsible for strategy, planning and business development for BP's petrochemicals business, as Manager, Strategy & Business Transformation - Global Aromatics. During the late 1990's she was integrally involved in the merger of British Petroleum and Amoco Corporation, participating in the organization design and cultural integration of the two companies. She received her Bachelor of Arts degree in Social & Behavioral Sciences behavioral sciences, n.pl those sciences devoted to the study of human and animal behavior. from the Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. and her MBA degree from Indiana University. Eliza resides in London, England. Robert J. Laikin, Chairperson of the Board and Chief Executive Officer of Brightpoint, Inc., commented: "Brightpoint's Board is greatly benefited by the addition of such qualified members. They will provide valuable expertise to the Company in many areas. Eliza and Marisa's extensive international experience, in particular, provides a strong complement for important focus areas for Brightpoint." Catherine M. Daily, Chairperson of the Board's Corporate Governance and Nominating Committee, also noted: "The addition of Eliza and Marisa is a reflection of the Board's desire to expand the range of diversity captured among Board members. Marisa and Eliza respectively bring a cache of skills, knowledge, and expertise that clearly expands our director resources, particularly in the areas of finance and human resources." In addition, the Board made appointments to and realigned its Standing Committees in order to capitalize on its current resources. Marisa Pratt has been appointed to the Audit Committee where she joins Richard W. Roedel, Committee Chairperson, and Todd H. Stuart. Consistent with realigning Board member resources, Jerre L. Stead has resigned as a member of the Audit Committee. In addition to his continued service as Lead Independent Director, he has been appointed Chairperson of the Compensation and Human Resources Committee. Joining Mr. Stead on the Compensation and Human Resources Committee are Eliza Hermann and Stephen H. Simon. Robert F. Wagner For other persons named Robert Wagner, see Robert Wagner (disambiguation). Robert Ferdinand Wagner (8 June 1877–4 May 1953) was a Democratic United States Senator from New York from 1927 until 1949. has moved from his position on the Compensation and Human Resources Committee in order to join Catherine M. Daily, Chairperson, on the Board's Corporate Governance and Nominating Committee. As set forth in the Company's Corporate Governance Principles, Mr. Roedel and Mr. Stead, as Chairpersons of the Board's other Standing Committees, will also serve on the Corporate Governance and Nominating Committee. Brightpoint is one of the world's largest distributors of mobile phones. Brightpoint supports the global wireless telecommunications and data industry, providing quickly deployed, flexible and cost effective third party solutions. Brightpoint's innovative services include distribution, channel management, fulfillment, eBusiness solutions and other outsourced services that integrate seamlessly with its customers. Additional information about Brightpoint can be found on its website at www.brightpoint.com or by calling its toll-free Information and Investor Relations Investor relations The process by which the corporation communicates with its investors. line at 877-IIR-CELL (877-447-2355). Certain information in this press release may contain forward-looking statements regarding future events or the future performance of Brightpoint. These statements are only predictions and actual events or results may differ materially. Please refer to the documents the Company files, from time to time, with the Securities and Exchange Commission; specifically, Brightpoint's most recent Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. and Exhibits 99, thereto. These documents contain and identify important risk factors that could cause the actual results to differ materially from those contained in or implied by these forward-looking statements. These risk factors include, without limitation, changes in estimates and judgments inherent in the preparation of the final financial statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date these statements were made. Brightpoint undertakes no obligation to update any forward-looking statements contained in this press release. Note: Photos available at URLs: http://www.businesswire.com/cgi-bin/photo.cgi?pw.010903/bb7 http://www.businesswire.com/cgi-bin/photo.cgi?pw.010903/bb7a |
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