A competitor that once feuded in court with BrightPoint Inc. over the recruitment of executives has hired another top officer from the mobile-phone distribution and logistics company now known as Ingram Micro Mobility.
Vincent Donargo, who was BrightPoint’s chief financial officer and treasurer before California-based Ingram Micro Inc. acquired the Indianapolis-based company in 2012, will begin work immediately as CFO of Brightstar Corp., headquartered in Miami, Fla., the company announced late Monday night.
"We are very happy to have someone like Vince join Brightstar," CEO Marcelo Claure said in a prepared statement. "His extensive experience in wireless distribution and services will be instrumental as we continue growing and expanding our business."
Donargo stepped up to BrightPont’s top financial role in 2011. He previously served as the company’s chief accounting officer and controller. After the Ingram Micro acquisition, the new parent company named him executive vice president of global integration.
He is not the first BrightPoint officer recruited by Brightstar, which also distributes wireless devices.
BrightPoint sued Brightstar twice in 2011 after the similarly named competitor recruited executives. BrightPoint said the executives breached their contracts and had insights into trade secrets that could give Brightstar an unfair advantage.
The companies settled the suits in 2012 without disclosing terms of their agreements.