Insight Enterprises announces board director retirement

Insight Enterprises Inc. (NASDAQ:NSIT), a $5.26 billion market cap provider in the retail-catalog and mail-order houses industry, disclosed in a recent SEC filing the upcoming retirement of board director Kathleen S. Pushor.

According to InvestingPro data, the company maintains a FAIR financial health score and has demonstrated strong returns over both five and ten-year periods. According to the filing, Pushor informed the company on February 11, 2025, of her intention to retire and not to stand for re-election at the forthcoming annual meeting of stockholders.

Pushor's departure is not due to any disagreements with the company regarding its operations, policies, or practices. She has been recognized for her nearly two decades of service to the company and its board. During her tenure, management has maintained a proactive approach, including aggressive share buybacks, as noted in InvestingPro analysis. Insight Enterprises expressed its gratitude for her valuable contributions and extended best wishes for her retirement.

In response to Pushor's retirement notice, the company's board decided on February 12, 2025, to reduce the number of directors from 12 to 11. This change will take effect concurrently with Pushor's retirement, which will be finalized at the company's 2025 Annual Meeting.

The company has not indicated a successor for Pushor’s position on the board as of the filing date. Insight Enterprises continues to operate from its headquarters in Chandler, Arizona, maintaining its commitment to providing industry-leading services.

This update on the company’s governance structure is based on an official statement filed with the Securities and Exchange Commission.

In other recent news, Insight Enterprises, a Fortune 500 solutions integrator, has deepened its alliance with Amazon (NASDAQ:AMZN) Web Services (AWS) to enhance cloud services. The partnership is set to improve the management of cloud roadmaps, focusing on data, artificial intelligence, and the Internet of Things for various sectors. This Strategic Collaboration Agreement (SCA) marks an expansion of Insight's services as an AWS Premier Tier Services Partner, optimizing AWS usage through better management of consumption, costs, and technical support.

Insight's dedicated AWS practice, staffed with technical and sales experts across the U.S., EMEA, and the Insight Public Sector, will focus on scalable cloud migration, data management, AI, and IoT offerings. The company recently assisted a biopharmaceutical gene-therapy firm in migrating over 100 terabytes of on-premises data to AWS, yielding more than 150% cost savings.

Insight holds competencies in AWS Security, AWS DevOps, AWS Microsoft (NASDAQ:MSFT) Workloads, and AWS Migration and Modernization, supporting large-scale AWS deployments. These recent developments reflect Insight's commitment to leveraging AWS's tools and services to navigate the complexities of cloud adoption and cost management, ultimately driving digital transformation for their clients.

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