(RTTNews) - Tuesday, Insight Enterprises, Inc. (NSIT: News ), a provider of hardware and software including network and connectivity products, said its chief executive Richard Fennessy left the company to pursue other opportunities. The company named one of its directors Anthony Ibargüen as interim chief executive officer, with immediate effect. Insight also reiterated its full-year earnings outlook.

Since July 2008, Ibargüen has been a director of Insight and the Atlanta, Georgia-based company said he will continue to serve on the board. He has also served as president, chief operating officer and as a director of technology distribution company Tech Data Corporation.

The company further said that it initiated search for a new president and chief executive officer.
Insight also reiterated its earnings outlook for full-year 2009 in the range of $0.80 to $0.87 per share. This does not include the impact of any restructuring and severance expense or expenses related to the restatement investigation and administration or related litigation and other non-recurring charges.

NSIT last traded on September 4 at $11.88 per share on the Nasdaq.

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by RTT Staff Writer

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