Shubhendu Parth & S Gopikrishna

NEW DELHI/CHENNAI: After serving nearly three years as the president and CEO of Ingram Micro India, Prasad Mamidanna has decided to quit the company and set up his own venture in Singapore.

Confirming the report to CyberMedia News, the man who had led the company from the forefront and grew the operation by 300 percent annually, with revenues exceeding $300 million, said that April 16, 2004 would be his last day in office at Ingram. He, however, declined to give any further details of his future plans.

Sources close to Prasad and the company also suggested top management level restructuring within Ingram. When contacted, Ingram officials, including COO, S P Rajguru, were tight lipped about the change and Prasad’s successor.

As the president and CEO of Ingram Micro India Pvt Ltd (IMIPL), Prasad is credited with establishing IMIPL as a major provider of IT products and services with nationwide presence throughout India. The company has been ranked in the top-20 IT companies in India. As acting MD for Ingram Micro Australia, Prasad also managed the restructuring of business and established a new strategic direction for the operations besides hiring a new MD.

IMIPL provides a complete range of products from components to complete PC systems and Prasad was responsible for the launch and growth of global industry brands like Quantum, Intel, Microsoft, HP, Sony, Cisco and Samsung for IMIL in India. Under his leadership the Indian operations has won numerous vendor awards from Quantum, Lucent, Samsung Tandberg and Intel. IMIPL also won Industry awards including Techies Award for 'best storage devices', in 1997 and Dataquest-Top Growth Company in 1998.

During his tenure, IMIL successfully expanded into computer systems, workstations, software, networking products and storage sub-systems with distribution rights from Compaq, IBM, Sun Microsystems, Apple, HP, 3COM, Lucent, Cisco, Nortel, Microsoft, Veritas, NAI and APC.

Starting his career at ACI, Santa Clara, USA in 1982, he held various positions at the company and left it as vice president and general manager in 1988 to set up Spectra in 1989. He was instrumental in rapidly growing this San Jose, California based company into a significant player in the semiconductor and RF components and storage products business in India. The company’s computer products group was subsequently acquired by Ingram Micro in 1999 and was renamed Ingram Micro India Limited. This IMIL operation is now a part of Ingram Micro Inc—world's largest wholesale provider of technology products and services with revenues exceeding $30 billion and with 14,000 associates worldwide.

Prasad was also the founder of Amspec(S) Pvt Ltd., a distribution operation, which was acquired by Electronic Resources Ltd, later acquired by Ingram Micro Inc. He established Specsoft Consulting Inc., a software services company with customers including Cisco, HP, Auspex, Adaptec, and 3Com. This operation with a team of over 70 plus consultants was successfully sold to Aptech International in early 1999.

CyberMedia News