Edition:
United States

Avnet Inc (AVT)

AVT on New York Consolidated

46.41USD
24 Feb 2017
Change (% chg)

$0.11 (+0.24%)
Prev Close
$46.30
Open
$45.73
Day's High
$46.41
Day's Low
$45.50
Volume
719,997
Avg. Vol
924,272
52-wk High
$51.50
52-wk Low
$38.16

Summary

Name Age Since Current Position

William Schumann

66 2012 Independent Chairman of the Board

William Amelio

58 2016 Chief Executive Officer, Director

Kevin Moriarty

51 2013 Chief Financial Officer, Senior Vice President, Controller

Gerard Fay

57 2013 President - Avnet Electronics Marketing Global, Senior Vice President

Graham McBeth

54 2016 President - Premier Farnell Plc

Patrick Zammit

49 2015 Senior Vice President and President, Avnet Technology Solutions

MaryAnn Miller

59 2011 Senior Vice President, Chief Human Resources Officer and Corporate Marketing & Communications

Steve Gomez

2016 Senior Vice President of Sales, Avnet Electronics Marketing Americas

Michael Buseman

55 2014 Senior Vice President, Chief Global Logistics and Operations Officer

Erin Lewin

46 2016 Senior Vice President

Kevin Summers

2016 Chief Information Officer

Kevin Sellers

2016 Chief Marketing Officer

Michael O'Neill

57 2016 General Counsel, Chief Legal Officer

Rodney Adkins

58 2015 Independent Director

J. Veronica Biggins

69 1997 Independent Director

Michael Bradley

67 2012 Independent Director

R. Kerry Clark

64 2012 Independent Director

James Lawrence

63 2011 Independent Director

Avid Modjtabai

54 2014 Independent Director

Ray Robinson

68 2000 Independent Director

Vincent Keenan

Vice President, Director - Investor Relations

Biographies

Name Description

William Schumann

Mr. William H. Schumann, III, is an Independent Chairman of the Board of Avnet, Inc. Mr. Schumann retired from FMC Technologies in 2012 where he served as Executive Vice President since 2007 and Chief Financial Officer from 2001 to 2011. Mr. Schumann has served on the board of directors of McDermott International since 2012. He previously served on the board of Great Lakes Advisors, Inc. (1993 — 2011), AMCOL International (2012 — 2014) and URS Corporation prior to its acquisition by AECOM Technology Corporation (2014). Mr. Schumann also serves on the board of the Lake Forest Lake Bluff Historical Society. The Board benefits from Mr. Schumann’s experience on other boards and his financial and management expertise, including his extensive expertise in financial and strategic planning, financial reporting, compliance and risk management.

William Amelio

Mr. William J. Amelio is Chief Executive Officer, Director of the Company. He previously served as the President, Chief Executive Officer and as a Director of CHC Group Ltd. from 2010 to 2015. In May 2016, CHC Group filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code. From 2005 to 2009, Mr. Amelio served as Lenovo’s President and Chief Executive Officer. From 2001 to 2005, he was regional Senior Vice President and President, Asia-Pacific and Japan for Dell Inc. Mr. Amelio served on the board of directors of National Semiconductor prior to its acquisition by Texas Instruments (2010 — 2011). Through the Amelio Foundation, Mr. Amelio and his wife founded Caring for Cambodia, a non-profit organization that aims to educate the children of Cambodia through building schools, training teachers and providing for basic human needs. The Board benefits from Mr. Amelio’s extensive experience in international business operations, corporate leadership and management. The Board also benefits from his broad knowledge of the technology industry globally.

Kevin Moriarty

Mr. Kevin M. Moriarty is Chief Financial Officer, Senior Vice President, Controller of Avnet Inc. Mr. Moriarty joined the Company in 2013 and is the Company’s Chief Financial Officer and a Senior Vice President. Prior to joining the Company, Mr. Moriarty served in a variety of senior leadership positions at Honeywell International, Inc. (2002 — 2012). He served as Vice President and Chief Financial Officer for Honeywell International’s Aerospace Business Group (2009 — 2012) and served as Vice President and Chief Financial Officer for the company’s Performance Materials and Technologies Group (2008 — 2009).

Gerard Fay

Mr. Gerard William Fay is Senior Vice President, President - Avnet Electronics Marketing Global of Avnet, Inc., since October 1, 2013. Mr. Fay has served as Senior Vice President and Global President of Avnet Electronics Marketing since 2013. He previously served as Chief Global Logistics and Operations Officer (2011 — 2013) and served as Senior Vice President of Global Strategic Accounts for Avnet United (2005 — 2011). Mr. Fay joined Avnet in 2005 with the Company’s acquisition of electronic components distributor Memec, where he served as President of Memec Americas.

Graham McBeth

Mr. Graham McBeth is President - Premier Farnell Plc of the Company. Mr. McBeth, who most recently served as President of Avnet Abacus, the Avnet business specializing in interconnect, passive and electromechanical (IP&E) products throughout Europe, replaces Premier Farnell's interim President Steven Webb. Webb, a 16-year veteran of Premier Farnell, has played an integral role during the last several months in overseeing Premier Farnell's integration into the Avnet organization.

Patrick Zammit

Mr. Patrick Zammit is Senior Vice President and President, Avnet Technology Solutions of the Company. Mr. Zammit was appointed as Senior Vice President and Global President, Avnet Technology Solutions in 2015. Mr. Zammit previously served as President of Avnet Electronics Marketing EMEA (2006 – 2015).

MaryAnn Miller

Ms. MaryAnn G. Miller is Senior Vice President and Chief Human Resources and Corporate Communications Officer of Avnet Inc. Ms. Miller was appointed Senior Vice President in 2011 and served as Vice President from 2009 — 2011. She serves as the Company’s Chief Human Resources Officer and Corporate Marketing & Communications. She previously served as Senior Vice President Global Human Resources (2008 — 2009) and Vice President of Talent and Organizational Effectiveness (2006 — 2008).

Steve Gomez

Mr. Steve Gomez is Senior Vice President of Sales, Avnet Electronics Marketing Americas of the Company. He has 28-year industry veteran, Gomez will be responsible for components sales and related strategies within the Americas region. He will report directly to Chuck Delph, president of Avnet Electronics Marketing Americas. Gomez succeeds Delph, who held the role since 2009. Delph's promotion to the role of president of Avnet Electronics Marketing Americas was announced in February, and became effective on July 3, with the start of Avnet's new fiscal year. Prior to Avnet, Gomez spent time in the broader electronics industry on the manufacturing side, beginning with Motorola (now Freescale) as a sales engineer and then with IDT and National Semiconductor Corp. (now Texas Instruments) in a variety of engineering and sales management positions.

Michael Buseman

Mr. Michael D. Buseman is a Senior Vice President and Chief Global Logistics and Operations Officer of the Company. Mr. Buseman was appointed as Senior Vice President in 2014, and has been Chief Global Logistics and Operations Officer since 2013. Mr. Buseman joined Avnet in 2013 from Plexus Corp, where he was Executive Vice President of Global Manufacturing Operations. He joined Plexus in 2006 as Vice President of Global Technology, Quality and Facilities.

Erin Lewin

Ms. Erin F. Lewin serves as Senior Vice President of the Company. She was senior Vice President and General Counsel of Avnet Inc. Ms. Lewin was appointed Senior Vice President and General Counsel in February 2013. Previously, she served as Vice President and General Counsel, Americas, from September 2009 to February 2013, and Vice President and Chief Ethics and Compliance Officer from November 2007 to September 2009. Before joining Avnet in 2007, Ms. Lewin was Managing Director and Associate General Counsel of US Airways.

Kevin Summers

Mr. Kevin Summers serves as Chief Information Officer of the Company. Summers joins Avnet with more than 25 years of experience leading the technology efforts of some of the world's most elite brands. Summers has extensive experience in leading large-scale IT organizations, where technology is used to enable growth strategies and create competitive advantages. This includes serving in CIO positions with H&R Block, Lowe's, Whirlpool and The Coca-Cola Company, as well as senior executive positions at AT&T and GE. Summers possesses a wealth of IT experience in strategy and roadmap development, which is complemented by deep expertise in using innovative technologies such as cloud computing, IoT solutions, and big data analytics platforms to enhance e-commerce, supply chain and retail sales operations.

Kevin Sellers

Mr. Kevin Sellers is Chief Marketing Officer of the Company. After joining Avnet one year ago as vice president of corporate marketing and communications. In his expanded role, Sellers is responsible for Avnet's global marketing and communications function which includes brand strategy and management, as well as digital marketing, advertising, demand generation, social media and communications. Sellers is a technology industry veteran and spent 23 years at Intel where he held a variety of marketing leadership positions in the U.S. and abroad.

Michael O'Neill

Mr. Michael J. O'Neill serves as General Counsel, Chief Legal Officer of the Company. Before joining Avnet, O'Neill served as vice president and chief legal officer at Canadian Helicopter Corporation. His technology industry expertise includes serving as senior vice president and general counsel at Lenovo, plus a variety of legal roles including general counsel international and worldwide global contract management at Honeywell.

Rodney Adkins

Mr. Rodney C. Adkins is an Independent Director of the Company. Mr. Adkins is President of 3RAM Group LLC, a privately held company specializing in capital investments, business consulting services and property management. Mr. Adkins formerly served as Senior Vice President of IBM from 2007 until 2014. In his 33-year career with IBM, Mr. Adkins held a number of development and management roles, including Senior Vice President of Corporate Strategy (2013 — 2014) and Senior Vice President of Systems and Technology Group (2009 — 2013). Mr. Adkins currently serves on the board of directors of W.W. Grainger, Inc., PPL Corporation and United Parcel Service, Inc., and previously served on the board of directors of Pitney Bowes Inc. (2007 — 2013). The Board benefits from Mr. Adkins’ global business experience in the technology industry, including emerging technologies and services, international and emerging markets, and supply chain management. In addition, the Board believes he provides additional experience in the areas of corporate governance and strategy development.

J. Veronica Biggins

Ms. J. Veronica Biggins is an Independent Director of Avnet, Inc. Ms. Biggins is a Managing Director and a member of the executive committee of Diversified Search LLC, an executive and board search firm. She was Managing Partner of the Atlanta office of Hodge Partners from 2007 until 2011 when it became a part of Diversified Search. Ms. Biggins served as Assistant to the President of the United States and Director of Presidential Personnel under President William Clinton. Ms. Biggins has served on the board of Southwest Airlines Co. since 2011. Ms. Biggins’ background includes 20 years of experience with NationsBank (now Bank of America) and its predecessor. She previously served as a director of Zep Inc. (2007 —2012) and AirTran Holdings, Inc. prior to its acquisition by Southwest Airlines (2001 — 2011). Ms. Biggins serves on a number of non-profit Boards. Ms. Biggins brings extensive experience related to talent management and identifying and recruiting executive talent. In addition, as a result of her tenure as a director, she brings institutional memory and deep insight into the Company’s operation across a variety of economic and competitive environments.

Michael Bradley

Mr. Michael A. Bradley is an Independent Director of Avnet Inc. Mr. Bradley served as Chief Executive Officer of Teradyne, Inc. from 2004 until 2014 and has served as a director since 2004. He was President of Teradyne (2003 — 2013), President of Teradyne’s Semiconductor Test Division (2001 — 2003) and Teradyne’s Chief Financial Officer (1999 — 2001). Mr. Bradley has also been a director of Entegris, Inc. and its predecessor company, Mykrolis Corporation, since 2001. The Board benefits from Mr. Bradley’s extensive experience in the semiconductor industry and from his experience in running a global technology operation. The Board believes he provides additional perspective in the areas of corporate governance and financial reporting.

R. Kerry Clark

Mr. R. Kerry Clark is an Independent Director of Avnet, Inc., effective February 13, 2012. Mr. Clark served as Chairman and Chief Executive Officer of Cardinal Health, Inc. until his retirement in 2009. Mr. Clark joined Cardinal Health in 2006 as President and Chief Executive Officer and became Chairman in 2007. Prior to joining Cardinal Health, he held various positions at The Procter & Gamble Company, including President of P&G Asia; President, Global Market Development and Business Operations; and Vice Chairman of the Board. He is a director of General Mills (since 2009), Textron, Inc. (since 2003) and Anthem, Inc. (since 2014). He is also a director of Hauser Capital Partners LLC and Hauser Private Equity LLC. Mr. Clark brings to the Board business leadership, corporate strategy and operating expertise. Mr. Clark also lends a global business perspective. Additionally, Mr. Clark provides insight and value in corporate governance, talent development, change management, marketing and business development.

James Lawrence

Mr. James Arthur Lawrence is an Independent Director of Avnet, Inc. Mr. Lawrence is Chairman of Great North Star LLC, an investment and advisory firm. Mr. Lawrence is the former Chairman of Rothschild North America (2012 — 2015), having served as Chief Executive Officer of Rothschild North America and as co-head of global investment banking (2010 — 2012). He previously served as Chief Financial Officer of Unilever PLC (2007 — 2009), Vice Chairman and Chief Financial Officer of General Mills, Inc. (1998 — 2007), Executive Vice President and Chief Financial Officer of Northwest Airlines (1996 — 1998) and Chief Executive Officer of Pepsi-Cola Asia Middle East Africa Group (1992 — 1996). Mr. Lawrence is director of International Airlines Group (since 2010) and Smurfit Kappa (since 2015). The Board benefits from Mr. Lawrence’s breadth of global business experience, including strategy development and compliance. Additionally, as a former Chief Financial Officer for multiple public companies, Mr. Lawrence has extensive experience in finance and accounting, particularly as it applies to public companies such as Avnet.

Avid Modjtabai

Ms. Avid Modjtabai is an Independent Director of the Company. Ms. Modjtabai has served as the Senior Executive Vice President, Consumer Lending, at Wells Fargo & Company since 2011. Prior to this, Ms. Modjtabai served in various leadership roles at Wells Fargo, including as the head of its technology and operations group and its Chief Information Officer (2007 — 2011), and as Director of Human Resources (2005 — 2007). The Board benefits from Ms. Modjtabai’s extensive experience in operations and strategy development. The Board also benefits from her experience in the areas of financial services and change management.

Ray Robinson

Mr. Ray M. Robinson is an Independent Director of Avnet, Inc. Since 2003, Mr. Robinson has served as Chairman of the Board of Citizens Bancshares Corporation, the largest African-American owned bank in the southeast United States. He also serves as the Vice Chairman of East Lake Community Foundation (since 2003). Previously, Mr. Robinson was the President of AT&T’s Southern Region Business Services Division (1995 — 2003). Mr. Robinson is non-executive Chairman of the Board of Aaron’s, Inc. (director since 2002) and a director of Acuity Brands, Inc. (since 2001), American Airlines Group (since 2013) and Fortress Transportation & Infrastructure Investors LLC (since 2015). Mr. Robinson previously served as a director of Rail America (2010 — 2012) and AMR Corporation prior to its acquisition by American Airlines Group (2005 — 2013). The Board benefits from Mr. Robinson’s extensive leadership and management skills, and his service on the boards and board committees of other public companies provides important insights into governance and board functions. In addition, as a result of his tenure as a director, he brings institutional memory and deep insight into the Company’s operation across a variety of economic and competitive environments.

Vincent Keenan