INDIANAPOLIS, Feb. 8, 2012 (GLOBE NEWSWIRE) -- Brightpoint, Inc. ("BrightPoint") (Nasdaq:CELL), a global leader in providing device lifecycle services to the wireless industry, today announced that its subsidiary Brightpoint North America L.P. ("BrightPoint Americas") has appointed Sriram "Srisu" Subrahmanyam to the position of Executive Vice President and Chief Operations Officer of its Americas division, effective immediately.
In this position, Subrahmanyam will be responsible for operational executive leadership overseeing BrightPoint Americas' supply chain operations and Information Technology organizations. He will ensure that appropriate resources are deployed in an efficient manner with the aim of exceeding customer expectations and ensuring BrightPoint Americas operates in the most cost effective manner. Subrahmanyam will report directly to J. Mark Howell, BrightPoint's President Americas.
"We are committed to providing our customers and vendor partners with exceptional innovative services through our efficient, scalable, and flexible solutions," stated J. Mark Howell. "Srisu is a proven veteran, and his experience and expertise will greatly contribute to BrightPoint Americas' continued success."
Subrahmanyam comes to BrightPoint Americas with more than 15 years of experience and senior leadership in the areas of supply chain, strategic sourcing, information technology, and continuous improvement. He is focused on optimizing the value chain, improving operational efficiencies, and delivering competitive advantage through process improvements, technology investments, and organizational transformations. Before joining BrightPoint Americas, Subrahmanyam was Principal at Orchard Group, a consulting firm focused on business transformation. Prior to that, he served as Senior Vice President, Chief Procurement Officer, and Head of Supply Chain for Career Education Corporation, and Vice President, Continuous Improvement for United Airlines. Srisu earned a B.S. in Chemical Engineering from Birla Institute of Technology and Science, India and a Ph.D. in Chemical Engineering from Purdue University.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless industry. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's innovative services include distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers. BrightPoint's effective and efficient platform allows its customers to benefit from quickly deployed, flexible and cost effective solutions. BrightPoint has more than 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2011, BrightPoint generated revenue of $5.2 billion. BrightPoint provides distribution and customized services to over 25,000 B2B customers worldwide. Additional information about BrightPoint can be found on its website at www.BrightPoint.com, or by calling its toll-free Information and Investor Relations line at 877-IIR-CELL (877-447-2355).