ScanSource enhances value-added technology focus with new worldwide management structure

As a part of this new structure, ScanSource has created two technology segments, each with its own president

The Company has also appointed Scott Benbenek to the new position of Senior Vice President of Worldwide Operations and Integration Support. Mr. Benbenek previously served as President of Worldwide Operations for ScanSource. His new worldwide focus on the Company’s logistics operations and customer service will enhance the sharing of best practices across all geographies to deliver increased value to resellers and vendors. In addition, Mr. Benbenek’s team will drive better integration of systems, programs and policies for the Company’s acquisitions now and in the future.

Andrea Meade was appointed to the new position of Chief Information Officer (CIO) and Executive Vice President of Corporate Development. Prior to this, she served as Executive Vice President of Operations and Corporate Development for ScanSource. Ms. Meade’s new role as CIO will include partnering with the Company’s business executives to drive positive business results by leveraging ScanSource’s investments in Information Technology (IT). As a result, ScanSource’s reseller and vendor partners will experience a stronger relationship with the Company as it continues to drive its IT strategy on a worldwide basis in support of the business. Ms. Meade’s team will work closely with the Company’s business executives to identify and develop new strategic opportunities for profitable growth.

Baur commented, “Scott and Andrea’s continued operational management and enhanced strategic focus will ensure that we are positioned to succeed.”

Timing and Structure

The new reporting segments of Worldwide Barcode and Security and Worldwide Communications and Services will replace the geographic segments of North America and International. The Company will change to product line reporting in its next SEC filing on Form 10-K. Mr. Baker, Mr. Ferney, Mr. Benbenek and Ms. Meade will report to Mike Baur. Mr. Long will report to Mike Ferney. All management changes are effective July 1, 2013.