PHOENIX--(BUSINESS WIRE)--
Avnet,
Inc. (NYSE:AVT),
a global value-added technology distributor, today announced that Avnet
Technology Solutions Global President Phil Gallagher intends to step
down from his current role to focus on new career opportunities in line
with his personal goals. Mr. Gallagher will stay in place until a
successor is named and will assist in a collaborative transition. The
company has initiated a search to replace him and expects to have a new
leader in place by the end of the calendar year.
Rick Hamada, chief executive officer, said, "Phil is a well-respected,
31-year veteran of the company. Over the past five years, the Technology
Solutions team has built a solid foundation for the future, adding
several strategic suppliers, technologies and services to our portfolio.
In addition, they have expanded our geographic footprint in many key
markets in the Americas, EMEA and Asia Pacific. With this in place, we
are well positioned to create the robust solutions our customers need,
and we thank Phil for his valuable contributions to the business."
About Avnet Technology Solutions
As a global IT solutions distributor, Avnet
Technology Solutions transforms technology into business solutions
for customers around the world. It collaborates with customers and
suppliers to create and deliver services, software and hardware
solutions that address the changing needs of end-user customers. The
group serves customers and suppliers in North
America, Latin
America and Caribbean, Asia
Pacific, and Europe,
Middle East and Africa. It generated US $11.0 billion in annual
revenue for fiscal year 2014. Avnet Technology Solutions is an operating
group of Avnet, Inc. For more information, visit http://www.ats.avnet.com.
About Avnet
Avnet, Inc. (NYSE:
AVT), a Fortune 500 company, is one of the largest
distributors of electronic components, computer products and embedded
technology serving customers globally. Avnet accelerates its partners'
success by connecting the world's leading technology suppliers with a
broad base of customers by providing cost-effective, value-added
services and solutions. For the fiscal year ended June 28, 2014, Avnet
generated sales of $27.5 billion. For more information, visit www.avnet.com.
(AVT_IR)
Avnet, Inc.
Joal Redmond, 480-643-5528
joal.redmond@avnet.com
Source: Avnet, Inc.
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