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R. Marcelo Claure, Chairman, CEO, and President of Brightstar Corporation, Named Trustee of Bentley College
June 23, 2003
WALTHAM, Mass. - Bentley College is pleased to announce that R. Marcelo Claure, chairman, CEO, and president of Brightstar Corporation, has been elected as a trustee of the college for a term of three years, effective July 1, 2003.
Claure founded Brightstar, a distributor of wireless handsets and services in the wireless telecommunications industry, in 1997. In 2002 and 2003, Hispanic Business Magazine named Brightstar the top high-tech Hispanic-owned business in the U.S. and the second-largest Hispanic-owned business in the United States. In 2001, Brightstar was the top wholesale distributor of wireless telecommunications equipment in Latin America.
"All of us are thrilled that Marcelo has agreed to join the board," said Bentley College President Joseph G. Morone. "In addition to a deep commitment to Bentley College, he brings a remarkable track record in growing entrepreneurial ventures and doing business in Latin America."
Prior to Brightstar, Claure worked at Unplugged, a Los Angeles telecommunications company, in several capacities including president of subsidiary Small World Communications and president of Unplugged International, where he expanded the company's distribution channel into Mexico and Latin America. Claure graduated from Bentley in 1993 with a Bachelor of Science degree in Economics and Finance.
As a trustee, Claure is charged with helping to set and execute the policies of the institution under the direction of the president. In addition, the role of trustee is to help evaluate management, to identify and frame policy issues of import to Bentley College and its constituents, and to help ensure effectiveness of fiscal and internal controls. Trustees also help promote Bentley College policies and goals, support fundraising efforts, and serve on Board committees.
Founded in 1997, Brightstar Corporation is a solution provider and value-added distribution and manufacturing services company. The company provides customers in the wireless industry with inventory management, logistics, fulfillment, Internet-based solutions, customized packaging and after-sales support. Brightstar ranks second on the Hispanic Business 500 and number one on its technology list. Its customer base includes over 160 network operators and nearly 9,000 distributors, agents, resellers and retailers around the world. Brightstar is one of Motorola's strategic partners in Latin America and the U.S. and an authorized distributor for all leading wireless equipment manufacturers. Brightstar operates 20 facilities in 16 countries worldwide. Its headquarters is based in Miami, FL, with operations in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Paraguay, Peru, the United States and Puerto Rico and Venezuela. During the year ended December 31, 2002, Brightstar's consolidated revenues were $849 million. The company has exceeded $1 billion in consolidated revenues in the past 12 months of operations from June 2002 - May 2003. For more details, visit www.brightstarcorp.com.
BENTLEY UNIVERSITY is one of the nation’s leading business schools, dedicated to preparing a new kind of business leader – one with the deep technical skills, broad global perspective, and high ethical standards required to make a difference in an ever-changing world. Our rich, diverse arts and sciences program, combined with an advanced business curriculum, prepares informed professionals who make an impact in their chosen fields. Located on a classic New England campus minutes from Boston, Bentley is a dynamic community of leaders, scholars and creative thinkers. The Graduate School emphasizes the impact of technology on business practice, in offerings that include MBA and Master of Science programs, PhD programs in accountancy and in business, and customized executive education programs. The university enrolls approximately 4,100 full-time undergraduate, 140 adult part-time undergraduate, 1,430 graduate, and 43 doctoral students. Bentley is accredited by the New England Association of Schools and Colleges; AACSB International – The Association to Advance Collegiate Schools of Business; and the European Quality Improvement System, which benchmarks quality in management and business education. For more information, please visit www.bentley.edu.
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