PHOENIX--(BUSINESS WIRE)--
Avnet,
Inc. (NYSE: AVT),
a leading global technology distributor, has announced that Ed Smith
will assume a new role as senior vice president of Avnet embedded
solutions globally, effective July 3, 2016.
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Ed Smith, senior vice president of Avnet embedded solutions. (Photo: Business Wire)
Concurrent with Avnet's new fiscal year, Ed Smith will assume a global
embedded leadership role full-time. In his new role, Smith will continue
reporting directly to Gerry Fay, president, Avnet Electronics Marketing,
worldwide. In his new, role Smith will be responsible for Avnet's global
embedded strategy and growth plans. Smith will continue to lead the EM
Americas region until the conclusion of Avnet's fiscal year 2016. A new
EM Americas leader will be announced in the next 60 says, ensuring a
smooth and successful transition of responsibilities.
"Today, Avnet maintains a leadership position in embedded solutions -
and we intend to extend that position," said Gerry Fay, president, Avnet
Electronics Marketing, worldwide. "With the emergence of IoT, cloud
computing and big data analytics, the traditional embedded business is
being transformed in new and exciting ways. From edge to enterprise, our
customers are coming to Avnet for a total solutions approach. Given the
size and scale of our global embedded business - and the opportunity to
better serve the market - the need for dedicated senior leadership is
upon us. With more than 25 years of electronics industry experience, I
am confident Ed will successfully guide us as we capitalize on the
multiple opportunities being created in this space."
For the past year, while leading Avnet's EM Americas region, Smith has
also overseen Avnet's global embedded offering. Smith has worked across
the Avnet enterprise to develop a cohesive global vision and strategic
framework for Avnet's embedded business. He has identified significant
opportunities for Avnet to better serve its existing customers, expand
its value-offering and advance embedded technologies. Beginning July 3,
2016, Smith will commit all of his efforts to the success of Avnet's
embedded business.
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About Avnet, Inc.
From components to cloud and design to disposal, Avnet, Inc. (NYSE: AVT)
accelerates the success of customers who build, sell and use technology
globally by providing them with a comprehensive portfolio of innovative
products, services and solutions. Avnet is a Fortune 500 company with
revenues of $27.9 billion for the fiscal year 2015. For more
information, visit www.avnet.com.
(AVT_IR).
View source version on businesswire.com: http://www.businesswire.com/news/home/20160104006034/en/
Avnet Electronics Marketing
Sean Fanning, 480-643-7824
Senior
VP Marketing and Communications
Sean.Fanning@avnet.com
Source: Avnet Electronics Marketing
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