Encompass Adds CEO to Title of Company President Robert Coolidge

LAWRENCEVILLE, Ga., Feb. 23, 2012 (GLOBE NEWSWIRE) -- Encompass Supply Chain Solutions, Inc. (ESCS), a leading provider of forward and reverse logistics for a diverse range of electronics products and replacement parts, today announced that company President Robert Coolidge will assume the added role of Chief Executive Officer.

Coolidge was appointed President of Encompass in December, taking on the responsibility of managing the day-to-day operations of the entire company, including the Encompass Parts Distribution and Encompass Service Solutions divisions. With the addition of the CEO title, he replaces Robert (Bob) Gowens, who has moved to become an advisor to the Encompass Board of Directors.

"The Board thanks Bob for his leadership of Encompass over the past 18 months and is grateful to have him continuing in a stewardship role," said Encompass Board Chairman Steve Glick. "We are equally grateful to have a President and CEO of Robert's caliber. With decades of experience in supply chain management and a clear vision of how the company must evolve to meet ever-changing industry conditions, Robert has the skill and talent to successfully guide Encompass into the future."

Gowens added his congratulations to Coolidge on his appointment as CEO, stating, "Robert is very deserving of this role. I'm confident he will serve the Company, the shareholders, and the employees well. I wish him and Encompass all the best."

In addition to operational and fiduciary responsibility for Encompass Supply Chain Solutions, Coolidge will remain President of the Encompass Parts Distribution division for which he has managed national sales, vendor relations and IT management and development.

"Having the opportunity to continue growing and enhancing Encompass to improve service to our customers and strengthen relationships with our business partners is extremely exciting to me," said Coolidge. "We are always seeking innovative solutions to help our customers succeed, and I am committed to ensuring we stay on this course."

Coolidge has more than 20 years of industry experience, beginning with Vance Baldwin, which was founded by his grandfather in 1953 and acquired by Encompass in 2007. Robert helped grow Vance Baldwin from a local electronics parts distributor of $3 million in 1990 to a national distributor providing original parts for consumer electronics, computer, printer and appliance parts with revenues exceeding $50 million in 2007.

About Encompass Supply Chain Solutions, Inc.

Encompass is a market leader in forward and reverse supply chain management and high-tech repair services for a diverse and expanding range of consumer electronics, computer, major appliance and imaging products. Encompass, through its business units Encompass Parts Distribution and Encompass Service Solutions, provides end-to-end solutions for top OEMs, retailers, independent dealers and third-party administrators.

Encompass manages all stages of the product lifecycle, including finished goods and replacement parts logistics, board repair and product refurbishment services, returns management, asset value recovery and eco-friendly disposal. For more information, please visit encompass.com or find us on Facebook.

The Encompass Supply Chain Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10922


Contact Data