UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | February 9, 2012 |
AVNET, INC.
__________________________________________
(Exact name of registrant as specified in its charter)
| New York | 1-4224 | 11-1890605 |
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_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 2211 South 47th Street, Phoenix, Arizona | 85034 | |
|
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 480-643-2000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 9, 2012, the Board of Directors of Avnet, Inc. (the "Company") appointed R. Kerry Clark, retired chairman and chief executive officer of Cardinal Health, to serve as a Director of the Company, effective immediately. Mr. Clark will serve on the Audit and Compensation Committees. The Company issued a press release announcing the appointment of Mr. Clark, which is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description
99.1 Press release dated February 13, 2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AVNET, INC. | ||||
| February 13, 2012 | By: |
/s/ Raymond Sadowski
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| Name: Raymond Sadowski | ||||
| Title: Senior Vice President and Chief Financial Officer | ||||
Exhibit Index
| Exhibit No. | Description | |
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99.1
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Press release dated February 13, 2012. |
Exhibit 99.1
Avnet, Inc.
2211 South 47th Street
Phoenix, AZ 85034
PRESS RELEASE
Avnet, Inc. Names R. Kerry Clark to its Board of Directors
Phoenix, Arizona, February 13, 2012 — Avnet, Inc. (NYSE:AVT) today announced that R. Kerry Clark, retired chairman and chief executive officer of Cardinal Health, has been appointed to the company’s board of directors. Mr. Clark will serve on both the Audit and Compensation Committees.
“Kerry’s extensive operational experience along with his international expertise should benefit Avnet as we continue to manage and develop Avnet’s business around the world,” commented Roy Vallee, Avnet’s executive chairman. “Mr. Clark is a welcome addition to our board of directors.”
Mr. Clark served as chairman and chief executive officer of Cardinal Health, Inc., a provider of health care products and services, until his retirement in 2009. Prior to joining Cardinal Health, he had held various positions at The Procter & Gamble Company, a consumer products company, which markets consumer products in over 140 countries, including President of P&G Asia, President, Global Market Development and Business Operations, and Vice Chairman of the Board.
Mr. Clark serves on the board of directors of General Mills, a manufacturer of consumer foods, and Textron, a multi-industry company with a global network of aircraft, defense, industrial and finance businesses.
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 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 2, 2011, Avnet generated revenue of $26.5
billion. For more information, visit www.avnet.com. (AVT—IR)
All company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Investor Relations
Vincent Keenan
Vice President, Investor Relations
Tel: +1 (480) 643-7053
Visit Avnet’s Investor Relations Website at www.ir.avnet.com or contact us at investorrelations@avnet.com.
| CONTACT: | Avnet, Inc. Vincent Keenan Investor Relations (480) 643-7053 investorrelations@avnet.com |
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