Edition:
India

Avnet Inc (AVT.N)

AVT.N on New York Stock Exchange

39.60USD
17 Nov 2017
Change (% chg)

$0.14 (+0.35%)
Prev Close
$39.46
Open
$39.41
Day's High
$39.72
Day's Low
$39.35
Volume
391,021
Avg. Vol
269,168
52-wk High
$51.17
52-wk Low
$35.68

Summary

Name Age Since Current Position

William Schumann

67 2012 Independent Chairman of the Board

William Amelio

59 2016 Chief Executive Officer, Director

Kenneth Jacobson

39 2017 Interim Chief Financial Officer, Principal Accounting and Financial Officer. Corporate Controller

Philip Gallagher

56 2017 Global President - Core Distribution Business

MaryAnn Miller

60 2011 Senior Vice President, Chief Human Resources Officer and Corporate Marketing & Communications

Kevin Summers

48 2016 Senior Vice President, Chief Information Officer

Michael O'Neill

61 2016 Senior Vice President, General Counsel, Chief Legal Officer

Peter Bartolotta

58 2016 Senior Vice President and Chief Transformation Officer

Therese Bassett

54 2016 Senior Vice President and Chief Strategy and Innovation Officer

Rodney Adkins

59 2015 Independent Director

J. Veronica Biggins

70 1997 Independent Director

Michael Bradley

68 2012 Independent Director

R. Kerry Clark

65 2012 Independent Director

James Lawrence

64 2011 Independent Director

Avid Modjtabai

55 2014 Independent Director

Biographies

Name Description

William Schumann

Mr. William H. Schumann, III, serves as Independent Chairman of the Board of Avnet, Inc. Mr. Schumann retired from FMC Technologies in 2012 where he served as Executive Vice President since 2007 and Chief Financial Officer from 2001 to 2011. Mr. Schumann has served on the board of directors of McDermott International since 2012. He previously served on the board of Great Lakes Advisors, Inc. (1993 — 2011), AMCOL International (2012 — 2014) and URS Corporation prior to its acquisition by AECOM Technology Corporation (2014). Mr. Schumann also serves on the board of the Lake Forest Lake Bluff Historical Society. The Board benefits from Mr. Schumann’s experience on other boards and his financial and management expertise, including his extensive expertise in financial and strategic planning, financial reporting, compliance and risk management.

William Amelio

Mr. William J. Amelio serves as Chief Executive Officer, Director of the Company. He previously served as the President, Chief Executive Officer and as a Director of CHC Group Ltd. from 2010 to 2015. In May 2016, CHC Group filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code. From 2005 to 2009, Mr. Amelio served as Lenovo’s President and Chief Executive Officer. From 2001 to 2005, he was regional Senior Vice President and President, Asia-Pacific and Japan for Dell Inc. Mr. Amelio served on the board of directors of National Semiconductor prior to its acquisition by Texas Instruments (2010 — 2011). Through the Amelio Foundation, Mr. Amelio and his wife founded Caring for Cambodia, a non-profit organization that aims to educate the children of Cambodia through building schools, training teachers and providing for basic human needs. The Board benefits from Mr. Amelio’s extensive experience in international business operations, corporate leadership and management. The Board also benefits from his broad knowledge of the technology industry globally.

Kenneth Jacobson

Mr. Ken Jacobson serve as Interim Chief Financial Officer, Principal Accounting and Financial Officer. Corporate Controller of the Company, effective August 19, 2017. He is has served as the Company’s corporate controller and vice president of global finance since 2013. As corporate controller, Mr. Jacobson is responsible for the Company’s external reporting, accounting and financial operations. He has also supported the Company’s acquisition and capital markets programs. Prior to joining Avnet, Mr. Jacobson served as the director of external reporting and accounting research for First Solar Inc. (2011-2013), where he led external reporting and provided accounting support for acquisitions and sales of solar power projects. In addition to his time at Avnet, he has over 12 years of public accounting and industry experience.

Philip Gallagher

Mr. Philip R. Gallagher is Global President - Core Distribution Business of Avnet. Inc. He began his career with Avnet in 1983 and held executive leadership positions in sales, marketing and operations during his 30 years at the Company. His last role with Avnet was Global President of Technology Solutions (2009 – 2014). He left Avnet in 2014, and re-entered the work force in 2016 to work for TTI, a leading authorized distributor of interconnect, passive, electromechanical and discrete components, where he served as President, Americas Sales and Marketing from 2016 to 2017.

MaryAnn Miller

Ms. MaryAnn G. Miller serves as Senior Vice President and Chief Human Resources and Corporate Communications Officer of Avnet Inc. Ms. Miller was appointed Senior Vice President in 2011 and served as Vice President from 2009 — 2011. She serves as the Company’s Chief Human Resources Officer and Corporate Marketing & Communications. She previously served as Senior Vice President Global Human Resources (2008 — 2009) and Vice President of Talent and Organizational Effectiveness (2006 — 2008).

Kevin Summers

Mr. Kevin V. Summers serves as Senior Vice President, Chief Information Officer of the Company. Mr. Summers previously served as Senior Vice President and Chief Information Officer for H&R Block (2015 – 2016), Senior Vice President and Global Chief Information Officer for Lowe’s Corporation (2012 – 2014) and Senior Vice President and Global Chief Information Officer for Whirlpool Corporation (2007 – 2012).

Michael O'Neill

Mr. Michael J. O'Neill serves as Senior Vice President, General Counsel, Chief Legal Officer of the Company. Before joining Avnet, O'Neill served as vice president and chief legal officer at Canadian Helicopter Corporation. His technology industry expertise includes serving as senior vice president and general counsel at Lenovo, plus a variety of legal roles including general counsel international and worldwide global contract management at Honeywell.

Peter Bartolotta

Mr. Peter G. Bartolotta is Senior Vice President and Chief Transformation Officer of the company. He previously served as the President of the Helicopter Services division of CHC Helicopter and Chief Operating Officer of CHC Group Ltd. (2012 – 2015), which in May 2016 filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code. He also previously served as Senior Vice President of Lenovo Global Services (2008 – 2012).

Therese Bassett

Ms. Therese M. Bassett serves as Senior Vice President and Chief Strategy and Innovation Officer of the company. She joined the Company in 1993 and has held various roles including export compliance, transportation, business development, marketing and strategic planning. She previously served as Senior Vice President, Talent and Organizational Development (2015 – 2016) and Senior Vice President, Global HR Solutions (2010 – 2015).

Rodney Adkins

Mr. Rodney C. Adkins serves as Independent Director of the Company. Mr. Adkins is President of 3RAM Group LLC, a privately held company specializing in capital investments, business consulting services and property management. Mr. Adkins formerly served as Senior Vice President of IBM from 2007 until 2014. In his 33-year career with IBM, Mr. Adkins held a number of development and management roles, including Senior Vice President of Corporate Strategy (2013 — 2014) and Senior Vice President of Systems and Technology Group (2009 — 2013). Mr. Adkins currently serves on the board of directors of W.W. Grainger, Inc., PPL Corporation and United Parcel Service, Inc., and previously served on the board of directors of Pitney Bowes Inc. (2007 — 2013). The Board benefits from Mr. Adkins’ global business experience in the technology industry, including emerging technologies and services, international and emerging markets, and supply chain management. In addition, the Board believes he provides additional experience in the areas of corporate governance and strategy development.

J. Veronica Biggins

Ms. J. Veronica Biggins serves as Independent Director of Avnet, Inc. Ms. Biggins is a Managing Director and a member of the executive committee of Diversified Search LLC, an executive and board search firm. She was Managing Partner of the Atlanta office of Hodge Partners from 2007 until 2011 when it became a part of Diversified Search. Ms. Biggins served as Assistant to the President of the United States and Director of Presidential Personnel under President William Clinton. Ms. Biggins has served on the board of Southwest Airlines Co. since 2011. Ms. Biggins’ background includes 20 years of experience with NationsBank (now Bank of America) and its predecessor. She previously served as a director of Zep Inc. (2007 —2012) and AirTran Holdings, Inc. prior to its acquisition by Southwest Airlines (2001 — 2011). Ms. Biggins serves on a number of non-profit Boards. Ms. Biggins brings extensive experience related to talent management and identifying and recruiting executive talent. In addition, as a result of her tenure as a director, she brings institutional memory and deep insight into the Company’s operation across a variety of economic and competitive environments.

Michael Bradley

Mr. Michael A. Bradley serves as Independent Director of Avnet Inc. Mr. Bradley served as Chief Executive Officer of Teradyne, Inc. from 2004 until 2014 and has served as a director since 2004. He was President of Teradyne (2003 — 2013), President of Teradyne’s Semiconductor Test Division (2001 — 2003) and Teradyne’s Chief Financial Officer (1999 — 2001). Mr. Bradley has also been a director of Entegris, Inc. and its predecessor company, Mykrolis Corporation, since 2001. The Board benefits from Mr. Bradley’s extensive experience in the semiconductor industry and from his experience in running a global technology operation. The Board believes he provides additional perspective in the areas of corporate governance and financial reporting.

R. Kerry Clark

Mr. R. Kerry Clark serves as Independent Director of Avnet, Inc., effective February 13, 2012. Mr. Clark served as Chairman and Chief Executive Officer of Cardinal Health, Inc. until his retirement in 2009. Mr. Clark joined Cardinal Health in 2006 as President and Chief Executive Officer and became Chairman in 2007. Prior to joining Cardinal Health, he held various positions at The Procter & Gamble Company, including President of P&G Asia; President, Global Market Development and Business Operations; and Vice Chairman of the Board. He is a director of General Mills (since 2009), Textron, Inc. (since 2003) and Anthem, Inc. (since 2014). He is also a director of Hauser Capital Partners LLC and Hauser Private Equity LLC. Mr. Clark brings to the Board business leadership, corporate strategy and operating expertise. Mr. Clark also lends a global business perspective. Additionally, Mr. Clark provides insight and value in corporate governance, talent development, change management, marketing and business development.

James Lawrence

Mr. James Arthur Lawrence serves as Independent Director of Avnet, Inc. Mr. Lawrence is Chairman of Great North Star LLC, an investment and advisory firm. Mr. Lawrence is the former Chairman of Rothschild North America (2012 — 2015), having served as Chief Executive Officer of Rothschild North America and as co-head of global investment banking (2010 — 2012). He previously served as Chief Financial Officer of Unilever PLC (2007 — 2009), Vice Chairman and Chief Financial Officer of General Mills, Inc. (1998 — 2007), Executive Vice President and Chief Financial Officer of Northwest Airlines (1996 — 1998) and Chief Executive Officer of Pepsi-Cola Asia Middle East Africa Group (1992 — 1996). Mr. Lawrence is director of International Airlines Group (since 2010) and Smurfit Kappa (since 2015). The Board benefits from Mr. Lawrence’s breadth of global business experience, including strategy development and compliance. Additionally, as a former Chief Financial Officer for multiple public companies, Mr. Lawrence has extensive experience in finance and accounting, particularly as it applies to public companies such as Avnet.

Avid Modjtabai

Ms. Avid Modjtabai serves as Independent Director of the Company. Ms. Modjtabai has served as the Senior Executive Vice President, Consumer Lending, at Wells Fargo & Company since 2011. Prior to this, Ms. Modjtabai served in various leadership roles at Wells Fargo, including as the head of its technology and operations group and its Chief Information Officer (2007 — 2011), and as Director of Human Resources (2005 — 2007). The Board benefits from Ms. Modjtabai’s extensive experience in operations and strategy development. The Board also benefits from her experience in the areas of financial services and change management.

Basic Compensation