ePlus Enhances Executive Management Team with New EVP of Technology Sales
HERNDON, VA - November 5, 2014 - ePlus inc. (NASDAQ NGS: PLUS - news) today announced that it has promoted Darren Raiguel to Executive Vice President of Technology Sales. In this newly created position, Darren will be responsible for driving revenue growth across all of the Company's IT products, services, and consultative offerings, building go-to-market strategies to meet customer demand, leading the Company's entire technology sales team, and maintaining the Company's high customer satisfaction ratings.
Mr. Raiguel has more than 20 years of experience in IT sales and management. During his 17-year tenure with ePlus, he has played an instrumental role in the growth, maturity, and development of the company's public sector business. After starting as an account executive at ePlus, he has held numerous management positions in the organization for over a decade. He was most recently Senior Vice President, responsible for the municipal, commercial and enterprise business in Pennsylvania/New Jersey and the entire Northeast region.
"The various roles I've held within ePlus have enabled me to bring a unique perspective on where we have been and where we are going," said Mr. Raiguel. "I've thoroughly enjoyed watching ePlus grow and mature organically as well as via numerous acquisitions over the years. I am both excited and humbled by the trust placed in me through this new position to apply my industry knowledge and experience to better serve our customers and drive growth."
"I'd like to personally congratulate Darren on a well-deserved promotion to Executive Vice President of Sales," said Mark Marron, chief operating officer of ePlus inc. "Our growth has allowed us to expand our sales management team and Darren's strong work ethic, tenacity, judgment, and keen business sense are tremendous assets to ePlus that will lead us to the next level. His leadership and drive have helped position ePlus as a leader in the public sector IT space, as evidenced by the many awards we have received in the State/Local and Education (SLED) vertical."
Mr. Raiguel received a Bachelor of Business Administration degree from Temple University in Philadelphia, PA, with dual majors in Marketing and Finance. He has participated in numerous industry organizations, councils, and advisory boards throughout his career. Mr. Raiguel currently resides outside Philadelphia with his wife and three daughters. Beyond an affinity of travel and the outdoors, he is an avid runner and triathlete, with 50 marathons and five Ironman finishes under his belt.
About ePlus inc.
ePlus is a leading integrator of technology solutions. ePlus enables organizations to optimize their IT infrastructure and supply chain processes by delivering complex information technology solutions, which may include managed and professional services and products from top manufacturers, flexible financing, and proprietary software. Founded in 1990, ePlus has more than 950 associates serving commercial, state, municipal, and education customers nationally. The Company is headquartered in Herndon, VA. For more information, visit www.eplus.com, call 888-482-1122, or email firstname.lastname@example.org. Connect with ePlus on Facebook at www.facebook.com/ePlusinc and on Twitter at www.twitter.com/ePlus.
ePlus and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.
Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, possible adverse effects resulting from financial market disruption and general slowdown of the U.S. economy such as our current and potential customers delaying or reducing technology purchases, increasing credit risk associated with our customers and vendors, reduction of vendor incentive programs, and restrictions on our access to capital necessary to fund our operations; our ability to consummate and integrate acquisitions; the possibility of goodwill impairment charges in the future; significant adverse changes in, reductions in, or losses of relationships with major customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission. All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.