Avnet, Inc. Announces Ed Smith Elected Corporate Officer

November 16, 2010

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc.(NYSE:AVT) today announced the election of Ed Smith as a new corporate vice president. Promoted to president of Avnet Electronics Marketing Americas in February 2009, Smith is a 20-year-plus electronics industry veteran and is responsible for guiding the strategic direction and day-to-day operations of that multi-billion dollar business.

Ed Smith, president of Avnet Electronics Marketing Americas, has been promoted to Avnet, Inc. corpor ...

Ed Smith, president of Avnet Electronics Marketing Americas, has been promoted to Avnet, Inc. corporate vice president. (Photo: Business Wire)

"Ed has demonstrated exceptional performance over the course of his career, and his contributions have helped Avnet advance our leadership position in the Americas marketplace," said Roy Vallee, chairman and CEO, Avnet, Inc. "His commitment to accelerating the success of our customers, suppliers, employees and shareholders has earned him the respect of his colleagues throughout the organization and this officer promotion."

Smith began his career at an industrial distribution company before joining Avnet, where he held various sales and operational positions, including district manager in Los Angeles and Phoenix, and director of sales for Avnet'sIndustrial Marketing Group. He left Avnet to serve as president and chief executive officer of SMTEK International, an electronics manufacturing services (EMS) provider, and served on its board of directors. He returned to Avnet in 2004 as senior vice president of sales for Avnet Electronics Marketing Americas. In his current position he reports to Harley Feldberg, global president of Avnet Electronics Marketing.

In 2007, Smith was a recipient of the Avnet Chairman's Award, which recognizes outstanding achievement, and in 2008 he was honored by the National Electronic Distributors Association (NEDA) with its Distinguished Service Award.

About Avnet, Inc.

Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 3, 2010, Avnet generated revenue of $19.16 billion. For more information, visit www.avnet.com. (AVT_IR)

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Avnet, Inc.
Michelle Gorel, 480-643-7653
Michelle.gorel@avnet.com

Source: Avnet, Inc.

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