Bell (AMEX:BI)
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From Jun 2019 to Jun 2024
Bell Industries, Inc. (AMEX:BI) today announced that the
board of directors has appointed director John A. Fellows as president
and chief executive officer of the company. Fellows succeeds Russell
A. Doll, who was named acting president and chief executive officer in
September 2004.
Fellows, 41, was elected to Bell's board of directors in May of
2005. Prior to his appointment as president and chief executive
officer, Fellows was a private investor. From August 1998 to April
2004, he served as chief executive officer of RMH Teleservices, Inc.,
a publicly traded international provider of technology related
services, which was acquired by NCO Group, Inc. in April 2004. Prior
to joining RMH, Fellows served in management roles with PepsiCo,
PageNet and TeleQuest.
"I am very pleased to have the opportunity to lead Bell
Industries. I will utilize my domestic and international experience to
leverage the company's strong and diverse business units while working
with talented associates to realize the full potential of this
organization," Fellows said.
Mark Schwarz, Chairman of Bell Industries, Inc., said, "We are
delighted to introduce John Fellows and are confident he is the right
individual to guide Bell's growth strategy in the years ahead. We wish
Russ Doll well in his future endeavors and thank him for his
contributions to the company over the past seven years. Moving
forward, our objective as a board and management team is to enhance
shareholder value, and we will work diligently toward meeting that
goal."
Fellows earned his bachelor's from Texas A&M University and his
masters in business administration from Loyola College.
About Bell Industries, Inc.
Bell's primary business, the Tech.logix Group, offers a
comprehensive portfolio of technology products and managed lifecycle
services, including planning, product sourcing, deployment and
disposal, and support services. Support services include help desk
support, desk side support, technical maintenance services and reverse
logistics and depot services. Bell also distributes after-market parts
and accessories to the recreational vehicle market and manufactures
and sells standard and custom magnetic components used in electronic
applications for computer, medical, lighting and telecommunication
equipment.
Forward-Looking Statements
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on current
expectations, estimates and projections about the company's business
based, in part, on assumptions made by management. These statements
are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may, and probably will, differ
materially from what is expressed or forecasted in such
forward-looking statements due to numerous factors, including those
described above and those risks discussed from time to time in the
company's filings with the Securities and Exchange Commission,
including Factors That May Affect Future Results of Operations
included in the Form 10-K for the year ended December 31, 2004, and
Management's Discussion and Analysis of Financial Condition and
Results of Operations in the Form 10-K for the year ended December 31,
2004, and the Form 10-Q for the quarter ended June 30, 2005. In
addition, general industry and market conditions and growth rates, and
general economic conditions, could affect such statements. Any
forward-looking statements speak only as of the date on which they are
made, and the company does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after the
date of this release.