INTELLIGENT ELECTRONICS BOLSTERS EXECUTIVE TEAM
INTELLIGENT ELECTRONICS BOLSTERS EXECUTIVE TEAM EXTON, Pa., May 11 /PRNewswire/ -- Intelligent Electronics, Inc.
(NASDAQ-NMS: INEL) today announced the appointment of Michael R. Shabazian to the newly created position of vice chairman and Gregory A. Pratt to the position of president and chief operating officer.
"Mike's legacy of achievement at Intelligent is one of determination and commitment to driving excellence in customer satisfaction," said Richard D. Sanford, chairman and chief executive officer of Intelligent Electronics. "The company has grown to a point where it has become important to allocate a separate area of the business to ensure our world class service to our customers. Mike will oversee this critical area." Shabazian joined Intelligent in August of 1989 as president and chief operating officer. In July of 1990 he was elected to the company's board of directors. Pratt, who joined the company in April of this year as executive vice president, will report to the CEO. Said Sanford, "I have worked with Greg in the past and watched his career development for the last 13 years. His bright, sensitive management style, combined with his well- rounded background in finance, manufacturing and consumer retailing, are already contributing significantly to the company's growth and strategic development." Sanford said Pratt would focus on building synergies and maximizing efficiencies in the business. Pratt came to Intelligent from Atari Corp., where he served for the past seven years as president of Atari Computer Corp. and vice president of finance and chief financial officer of Atari Corp. A certified public accountant who spent five years with the big six accounting firm Arthur Andersen, Pratt holds an MBA from the University of Pennsylvania's Wharton School of Business. Intelligent Electronics is a leading source of office productivity solutions. Its network of 82 BizMart Supercenters and more than 1,500 reseller and affiliates serves businesses in all 50 states and more than 700 communities nationwide. /delval/ -0- 5/11/92 /CONTACT: Patrice W. Johnson of Intelligent Electronics, 215-458-6706/ (INEL) CO: Intelligent Electronics, Inc. ST: Pennsylvania IN: REA SU: PER
KA -- PH039 -- 8774 05/11/92 16:15 EDT
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|Date:||May 11, 1992|
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