Insight Enterprises Strengthens Leadership with New CFO and Board Members

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On Wed, 4 Sept, 4:03 PM UTC

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Insight Enterprises, a Fortune 500 solutions integrator, announces significant changes to its leadership team with a new CFO appointment and the addition of two board members.

New CFO Appointment

Insight Enterprises, Inc. (NASDAQ: NSIT), a Fortune 500 solutions integrator helping organizations accelerate their digital journey, has announced the appointment of Erin Lavelle as its new Chief Financial Officer (CFO), effective May 15, 2023 1. Lavelle brings extensive experience in finance and technology, having previously served as CFO at Ingram Micro Cloud and held leadership positions at Microsoft and Goldman Sachs 2.

Board Member Additions

In addition to the CFO appointment, Insight has also welcomed two new members to its board of directors [1]. Shawn O'Grady, who currently serves as the Group President of North America Retail at General Mills, and Bridget Schultz, the Executive Vice President and Chief Information Officer at Chevron, have joined the board, bringing their expertise in consumer goods and energy sectors, respectively.

Leadership Transition

The appointment of Lavelle as CFO comes as part of a planned succession, with the current CFO, Glynis Bryan, set to retire [2]. Bryan will remain with the company through August 31, 2023, to ensure a smooth transition of responsibilities. This change marks a significant shift in Insight's financial leadership after Bryan's 16-year tenure with the company.

Strategic Implications

These leadership changes are expected to bring fresh perspectives and diverse experiences to Insight Enterprises. Lavelle's background in cloud technology and finance aligns well with Insight's focus on digital transformation solutions [1]. The addition of O'Grady and Schultz to the board broadens the company's strategic oversight, potentially opening new avenues for growth and innovation.

Company Outlook

Insight Enterprises' President and CEO, Joyce Mullen, expressed confidence in the new appointments, stating that they will contribute to the company's ambitious growth plans [1]. The company, which reported net sales of $10.4 billion in 2022, is positioning itself to capitalize on the increasing demand for digital transformation services across various industries.

Industry Context

These leadership changes come at a time when the technology solutions sector is experiencing rapid evolution, driven by cloud computing, artificial intelligence, and digital transformation initiatives. Insight's strategic appointments reflect the company's commitment to staying at the forefront of these industry trends and maintaining its competitive edge in the market.

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