INDIANAPOLIS, Sept. 13, 2012 (GLOBE NEWSWIRE) -- Brightpoint, Inc. ("BrightPoint") (Nasdaq:CELL), a global leader in providing device lifecycle services to the wireless and high-tech industries, today announced that Vincent Donargo, Executive Vice President, Chief Financial Officer and Treasurer, has been selected by the ranking committee of ExecRank as a "Top 350" CFO for 2012. The rankings are the result of 2-years of research and feedback from evaluation committees and top CFOs that yielded an algorithm for how to rank CFOs based on their performance in 24 key areas.
According to Chris Beaver, lead analyst for the CFO Rankings division of ExecRank, "We were extremely impressed with the achievements of Mr. Donargo. His work and reputation are highly regarded in the industry and amongst other CFOs."
Mr. Donargo commented, "I would like to thank ExecRank for this recognition. I am honored to be included among this distinguished list of veteran financial leaders. This acknowledgement would not be possible without the passion, commitment and accomplishments of the entire BrightPoint team."
There are over 324,000 CFOs in the United States. Only the very best are awarded the distinction of being a part of ExecRank's "Top CFOs" for 2012. As always, there was a premium on experience, but also on CFOs who took bold steps to help their companies gain greater fiscal control and oversight over their companies. In addition, this year in particular there was a heavy emphasis on technology adoption and social media leadership, as the CFOs near the top of our rankings readily embraced these incredible new tools of change.
For the complete rankings, please visit www.ExecRank.com.
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About Mr. Donargo
Mr. Donargo joined BrightPoint in September, 2005. Prior to assuming his current role as Executive Vice President, Chief Financial Officer and Treasurer, Mr. Donargo served as BrightPoint's Senior Vice President, Chief Accounting Officer and Controller. Before joining BrightPoint, Mr. Donargo was the Strategic Business Unit Controller, Director of Finance and Corporate Controller of Aearo Company, a safety products manufacturing company. From 1990 to 1998, Mr. Donargo was employed in various financial positions with National Starch and Chemical Company, a specialty chemical manufacturing subsidiary of ICI Americas, Inc.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless and high-tech industries. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's 5 key service areas – Plan, Market, Customize, Move, Recover, offer over 110 innovative services, such as 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' IT systems and operations. BrightPoint's effective and efficient platform allows its customers to benefit from rapidly 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, from customers in over 75 countries. BrightPoint provides distribution and customized services through over 100,000 points-of-sale and 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).
ExecRank is the definitive ranking service of leading executives who have achieved the highest level of professional achievement and peer recognition. ExecRank was founded by Jonathan Aspatore, one of the most authoritative figures in business publishing. As former CEO of one of the 5 largest business book publishing houses (Aspatore Books), and current CEO of three other business media companies (ExecSense, Charles Pinot, Verb Ventures), Jonathan has published over 5,000 of the world's top business and legal executives, including C-Level executives (CEO, CFO, CTO, CMO, COO) from 74% of the Fortune 500 and senior level partners from 100% of the AmLaw 200 largest law firms. As the creator of the patent-pending, proprietary algorithm that took 2 years to develop for ExecRank, Jonathan is uniquely qualified to have created a system that ranks leading executives. ExecRank rankings reach over 6 million readers a year in the United States alone given our partnerships with leading publishers, web sites, trade shows and more.
CONTACT: Brightpoint, Inc. Tom Ward Investor Relations 317-707-2745 Brightpoint, Inc. Bill Casey Global Marketing 317-707-2057