Supply chain and logistics industry veteran brings proven track record of driving revenue growth and marketing excellence in US and international markets
WALTHAM, Mass., Dec 05, 2011 (BUSINESS WIRE) —
ModusLink Global Solutions(TM), Inc. (NASDAQ: MLNK), which designs and executes value chain strategies for the world’s largest technology and consumer goods companies, today announced that Thomas Nightingale has been appointed President, Sales and Marketing, effective December 15, 2011. Nightingale will lead ModusLink’s global sales and marketing efforts with a focus on growing revenue and solidifying ModusLink’s position as a leading solutions provider to global brands.
Nightingale has more than 20 years of leadership experience in the supply chain and logistics industry with a proven track record of growing revenue and increasing market share. Most recently he was the chief marketing officer for Con-way, Inc. (NYSE: CNW), a $5.0 billion transportation and logistics services company, where he was instrumental in growing the company’s market share and profitability, creating an enterprise sales program and leading a global rebrand that included the integration of three newly acquired companies. Prior to that, he held senior leadership positions with Schneider National, Clareon, CSX and United Parcel Service. Nightingale earned a master’s degree in business administration from Syracuse University and a bachelor’s degree in marketing from Siena College in Loudonville, New York.
“With our recent investments in sales and marketing and focus on increasing revenue, I am pleased to bring aboard an experienced and respected leader to take the helm of our sales and marketing organization,” said Joseph C. Lawler, president and chief executive officer of ModusLink Global Solutions. “Tom has the right mix of industry experience and sales and marketing acumen to build our market position and accelerate our plans for new business growth. I look forward to collaborating with Tom to realize ModusLink’s true market potential and to raise our brand profile as a trusted value chain partner with reliable solutions that maximize our clients’ business objectives.”
“ModusLink is well respected in the industry for its work with the world’s leading brands and offers clients a breadth and depth of capabilities that go well beyond that of a traditional 3PL,” said Nightingale. “I look forward to building on this solid foundation with a targeted sales and marketing approach designed to strengthen existing client relationships and grow market share through solutions that connect the product supply chain with the customer brand experience.”
About ModusLink Global Solutions
ModusLink Global Solutions, Inc. designs and executes global value chain strategies to solve clients’ cost, time-to-market, customer satisfaction and revenue objectives. Our supply chain, aftermarket, e-Business and entitlement management solutions support the end-to-end product lifecycles of the world’s leading technology and consumer goods companies. ModusLink has more than 25 years of experience executing complex supply chain processes such as sourcing, configuration and fulfillment. We can manage these critical functions seamlessly with a client’s global e-Business initiative or an integrated aftermarket program, including alternative channel recovery for at-risk inventory. Backed by a footprint of more than 25 solution centers in 15 countries, ModusLink clients can react quickly to shifting market dynamics impacting value chain performance and revenues. For more information about ModusLink’s flexible, scalable and sustainable solutions, visit www.moduslink.com or www.valueunchained.com, the blog for value chain professionals.
This release contains forward-looking statements, which address a variety of subjects including, for example statements regarding anticipated revenue and new business growth, improving the Company’s market position and brand profile, strengthening its client relationships and growing market share and delivering solutions that connect the product supply chain with the customer brand experience. All statements other than statements of historical fact, including without limitation, those with respect to the Company’s goals, plans, expectations and strategies set forth herein are forward-looking statements. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: the Company’s success, including its ability to increase revenue, improve its market position and brand profile, strengthen client relationships, and grow market share depends on its ability to execute on its business strategy as well as the continued and increased demand for and market acceptance of its services; global economic conditions, especially in the technology sector are uncertain and subject to volatility; demand for our clients’ products may decline or may not achieve the levels anticipated by our clients; the Company’s management may face strain on managerial and operational resources as they try to oversee the expanded operations; the Company may not realize the expected benefits of its restructuring and cost cutting actions; the Company may not be able to expand its operations in accordance with its business strategy; the Company’s cash balances may not be sufficient to allow the Company to meet all of its business and investment goals; the Company may experience difficulties integrating technologies, operations and personnel in accordance with its business strategy; the Company derives a significant portion of its revenue from a small number of customers and the loss of any of those customers could significantly damage the Company’s financial condition and results of operations; the Company frequently sells to its supply chain management clients on a purchase order basis rather than pursuant to contracts with minimum purchase requirements, and therefore its sales and the amount of projected revenue that is actually realized are subject to demand variability; risks inherent with conducting international operations; and increased competition and technological changes in the markets in which the Company competes.For a detailed discussion of cautionary statements that may affect the Company’s future results of operations and financial results, please refer to the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Forward-looking statements represent management’s current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us.
ModusLink Global Solutions is a trademark of ModusLink Global Solutions, Inc.All other company names and products are trademarks or registered trademarks of their respective companies.
SOURCE: ModusLink Global Solutions
Media: ModusLink Farrah Phillipo, 781-663-5096 Director of Communications firstname.lastname@example.org or SHIFT Communications KT McGraw, 617-779-1822 email@example.com or Investors-Financial: ModusLink Robert Joyce, 781-663-5120 Director, Investor Relations firstname.lastname@example.org