AP NEWS

Brightstar Corp. Announces Resignation of CEO and Appointment of Interim CEO

July 12, 2018

MIAMI--(BUSINESS WIRE)--Jul 11, 2018--Brightstar Corp. today announced that Jaymin B. Patel has resigned as CEO and member of the Board of Directors to pursue new opportunities, effective August 1, 2018. In the interim, Jaymin will work closely with management to ensure a smooth transition.

Reza Taleghani, current President and CFO, will assume the role of interim CEO. Reza joined Brightstar three years ago as Chief Financial Officer and most recently assumed the role of President with responsibility for the Financial Services and Device Protection businesses. Prior to joining Brightstar, Reza had over 17 years of experience at J.P. Morgan that spanned different roles and addressed a range of industries.

Ronald Fisher, Chairman of Brightstar Corp., said, “The Company wishes to thank Jaymin for his service and all that he has accomplished as CEO. We have made great strategic and operational progress over the last 3 years. We wish Jaymin well in his new endeavors and will always be grateful for his leadership at a critical juncture in Brightstar’s evolution.” Mr. Fisher also said, “Reza has been a key part of the management team taking on the additional role of President in 2017 and the Board has confidence in Reza’s leadership capabilities.”

About Brightstar

Brightstar simplifies the wireless world, making mobile technology accessible to everyone. A subsidiary of SoftBank Group Corp., we are the world’s leading mobile services company for managing devices and accessories. We work with carrier, retail and enterprise customers across 70 countries, touching every stage of a device’s lifecycle, from when it’s manufactured to the moment it’s time to trade it in and re-market it.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180711005903/en/

CONTACT: Brightstar Corp.

Erik Hofmeyer, +1 305-921-1258

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE MOBILE/WIRELESS

SOURCE: Brightstar Corp.

Copyright Business Wire 2018.

PUB: 07/11/2018 08:56 PM/DISC: 07/11/2018 08:56 PM

http://www.businesswire.com/news/home/20180711005903/en

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