ScanSource Announces Appointment of New Board Member
Vernon Nagel appointed to ScanSource Board of Directors
08/21/2023 - 04:05 PM
Vernon Nagel brings extensive executive leadership experience and financial expertise to the ScanSource Board of Directors
GREENVILLE, S.C. --(BUSINESS WIRE)--
ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, today announced the appointment of Vernon J. Nagel to its Board of Directors, effective August 16, 2023. Mr. Nagel’s appointment expands the Board to nine members.
Mr. Nagel brings extensive executive leadership, financial and accounting expertise to the ScanSource Board of Directors. Mr. Nagel served as Executive Chairman of Acuity Brands, Inc. (NYSE: AYI), a publicly traded industrial technology company from February 2020 until his retirement in December 2020. Mr. Nagel previously served as Chairman and Chief Executive Officer of Acuity Brands from September 2004 through January 2020 and was President from August 2005 through August 2019. He joined Acuity Brands in December 2001 as Executive Vice President and Chief Financial Officer. Mr. Nagel currently serves as a member of the Board of Directors of The AZEK Company (NYSE: AZEK), a provider of sustainable outdoor living products, and Southwire, a private, family-owned provider of wire, cable and other electrical solutions.
“We are pleased to have Vern join our Board, as he brings a wealth of knowledge working with a multi-national company whose customers span several industries. Vern was a highly successful CEO in the lighting sector, leading the digital transformation of Acuity Brands, as the lighting industry made the shift to LED. His proven leadership and expertise will be a tremendous asset to ScanSource,” said Mike Baur, Chairman and CEO, ScanSource. “We look forward to the valuable knowledge and perspective he will offer as the newest member of the ScanSource Board of Directors.”
“It is a privilege to join the ScanSource Board of Directors, and I look forward to contributing to the success and strength of the Company. ScanSource’s commitment to its partners and stakeholders is evident, and I am happy to be a part of it,” said Vern Nagel.
Mr. Nagel received a Bachelor of Business Administration from the University of Michigan .
About ScanSource, Inc.
ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud. ScanSource enables customers to deliver solutions for their end users to address changing buying and consumption patterns. ScanSource sells through multiple, specialized routes-to-market with hardware, SaaS, connectivity and cloud services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom and cloud services. Founded in 1992 and headquartered in Greenville, South Carolina , ScanSource was named one of the 2022 Best Places to Work in South Carolina and on FORTUNE magazine’s 2023 List of World’s Most Admired Companies. ScanSource ranks #817 on the Fortune 1000. For more information, visit www.scansource.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20230821136840/en/
Natalyn Klump
natalyn.klump@scansource.com
Source: ScanSource, Inc.
SCSC Rankings
#2205 Ranked by Stock Gains
SCSC Stock Data
Industry
Business to Business Electronic Markets
Sector
Wholesale Trade
Tags
Distribution Services, Electronics Distributors, Wholesale Trade, Business to Business Electronic Markets
Country
US
City
Greenville
About SCSC
scansource, inc. (nasdaq: scsc) is a leading global provider of technology products and solutions, focusing on point-of-sale, barcode, physical security, video, voice, data networking and technology services. scansource’s teams provide value-added solutions and operate from two segments, worldwide barcode and security and world communications and services. scansource is committed to helping its resellers and sales partners choose, configure, and deliver the industry’s best solutions across almost every vertical market in north america, latin america, and europe. in august 2016, scansource entered the recurring revenue telecom and cloud services market through its acquisition of intelisys, the industry’s leading technology services distributor. founded in 1992, scansource is headquartered in greenville, south carolina and was named one of the 2016 best places to work in south carolina. scansource ranks #685 on the fortune 1000. for more information, please visit www.scansource.com.