Ingram Micro Supports Junior Achievement

Ingram Micro’s commitment to being a good partner goes beyond our vendor and reseller customers by embracing the communities in which we work, live and play. One way we do this is by focJunior Achievement 1using our community relations efforts on programs and organizations that promote education and technology.

Holding true to this philosophy, Ingram Micro’s Community Relations program recently supported the Junior Achievement (JA) of Orange County through donations of time, money and volunteers to help further the organization’s mission of inspiring and preparing young people to succeed in a global economy.

When Sal Sarabosing Jr., director controls & compliance, and member of the JA board of directors began planning for the organization’s 8th Annual Stock Market Challenge, he recognized a direct tie-in to Ingram Micro’s Community Relations strategy of supporting non-profit organizations through education and technology – and thought the organization would be a good fit for Ingram Micro.

Junior Achievement scoreboardWith a monetary donation of $5,000, four in-kind donations of large display screens donated by Epson Corporation and a team of Ingram Micro volunteer participants, Ingram Micro was able to help JA raise more than $113,000 at its Stock Market Challenge held on October 20, 2011.

At the event, teams of four engaged in a stock market simulation as realistic as it was fun and fast-paced. Using state-of-the-art computers and wireless technology, participants “traded” stocks over a 2-hour time period competing for the title of “Highest Return on Investments” and “Highest Portfolio Gross.”

Junior Achievement 2While the Ingram Micro teams didn’t take the top titles during this year’s Challenge, a fun time was had by all and, of course, the ultimate winner was Junior Achievement!

Proceeds from the Stock Market Challenge event support the delivery of JA’s economic and financial literacy programs and could meaningfully impact more than 20,000 K-12 students in Orange County, Calif.

A huge thank you goes to all the Ingram Micro volunteers and attendees for their time, leadership and dedication to supporting this worthy organization and our local communities.

Ingram Micro Stock Market Challenge participants included:

  • Laura Bautista, risk management manager
  • John Lencioni, executive director & assistant controller corporate
  • Erik Smolders, vice president & treasurer corporate
  • Jerry Thompson, vice president, tax – corporate
  • Damon Wright, investor relations senior director
  • Farouk Yaftali, executive director, corporate development
  • Mike Zilis, senior vice president & controller corporate

If you’re not familiar with Junior Achievement, it is the largest volunteer driven, not-for-profit organization dedicated to educating students about work readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Junior Achievement programs help to prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Through skills and concepts learned in JA, students are able to put their knowledge into action, helping to improve the quality of their own lives, as well as strengthen their communities.

About Ingram Micro Inc.

Ingram Micro is the world's largest wholesale technology distributor and a global leader in IT supply-chain, mobile device lifecycle services and logistics solutions. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics and mobile solutions, technical support, financial services and product aggregation and distribution. The company is the only global broad-based IT distributor, serving approximately 160 countries on six continents with the world's most comprehensive portfolio of IT products and services. Visit www.ingrammicro.com.
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