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William Schumann III

William H. Schumann III

Retired Executive Vice President and Chief Financial Officer, FMC Technologies, Inc.

William H. Schumann, III, was elected to the Avnet board in 2010. In November 2012, Mr. Schumann was elected as Avnet’s chairman of the board.

He served as chief financial officer of FMC Technologies, Inc., a leading provider of technology solutions for the energy industry and other industrial markets, worldwide, from 2001 until his retirement from that position in November 2011. Mr. Schumann joined FMC Corporation in 1981 as director of pension investments and served in various management positions throughout that decade, including treasurer in 1987. Mr. Schumann was named vice president of corporate development in 1998 and served as senior vice president and chief financial officer of FMC Corporation from 1999 until the creation and spin off of FMC Technologies in 2001. He was elected to his first vice president role in 1995, when he was also appointed general manager of the company’s Agricultural Products Group. He served as executive director of corporate development from 1991 to 1993, when he joined the company’s Agricultural Products Group as director of North American operations.

In 2010, Mr. Schumann was voted one of the top CFOs in oilfield service and equipment by sell-side analysts. Mr. Schumann earned a bachelor’s degree in systems engineering from the University of California at Los Angeles and a master’s degree in management science from the Marshall School of Business at the University of Southern California. Mr. Schumann also serves on the board of directors of: McDermott International (NYSE:MDR), a leading engineering, procurement, construction and installation company focused on executing complex offshore oil and gas projects worldwide; the Lake Forest Lake Bluff Historical Society; and, Tesoro Corporation (NYSE:TSO), an independent refiner and marketer of petroleum products.

Mr. Schumann serves in an ex-officio capacity on the Audit Committee, Compensation Committee and Corporate Governance Committee.

Last Updated: November 11, 2016

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