UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT
OF 1934
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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) | |
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On December 15, 2020, Arrow Electronics, Inc. (the “Company”) issued a press release announcing that: (i) David West is appointed President, Global Components, effective immediately, and (ii) Andy King will retire from the Company effective December 31, 2020.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference into this Item 5.02.
Mr. West has no family relationship with any director or executive officer of the Company. Mr. West does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 9.01 | Financial Statements and Exhibits |
(d) EXHIBITS
99.1 | Press release dated December 15, 2020. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
ARROW ELECTRONICS, INC. | |||
Date: | December 15, 2020 | By: | /s/ Carine Jean-Claude |
Name: | Carine Jean-Claude | ||
Title: | Vice President and Interim Chief Legal Officer |
Exhibit 99.1
ARROW ELECTRONICS, INC. 9201 E. DRY CREEK ROAD CENTENNIAL, CO 80112 303-824-4000 |
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AndY KING to retire from arrow electronics, inc.
FOR IMMEDIATE RELEASE
CENTENNIAL, Colo. –- December 15, 2020 -- Arrow Electronics, Inc. (NYSE:ARW) today announced that Andy King is retiring from the company as president of the global components business, effective December 31, 2020.
“Andy has been an instrumental part of driving the growth and success of Arrow during his 34 years at the company,” said Michael J. Long, chairman, president, and chief executive officer of Arrow. “He has been a valuable member of our leadership team, and we wish him all the best in his well-deserved retirement.”
Following Mr. King’s retirement, David West, senior vice president of worldwide supplier marketing and engineering for Arrow, will be named president of the global components business, reporting to Mr. Long. “David has held wide-ranging leadership positions during his 22 years at Arrow, overseeing all critical aspects of our components segment,” said Mr. Long. “I look forward to seeing the business continuing to thrive and innovate under David’s direction.”
Arrow Electronics guides innovation forward for over 175,000 leading technology manufacturers and service providers. With 2019 sales of $29 billion, Arrow develops technology solutions that improve business and daily life. Learn more at fiveyearsout.com.
# # #
Contact: | Steven O’Brien |
Vice President, Investor Relations | |
303-824-4544 | |
Media Contact: | John Hourigan |
Vice President, Global Communications | |
303-824-4586 |
Cover |
Dec. 15, 2020 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Dec. 15, 2020 |
Entity File Number | 1-4482 |
Entity Registrant Name | ARROW ELECTRONICS INC |
Entity Central Index Key | 0000007536 |
Entity Tax Identification Number | 11-1806155 |
Entity Incorporation, State or Country Code | NY |
Entity Address, Address Line One | 9201 East Dry Creek Road |
Entity Address, City or Town | Centennial |
Entity Address, State or Province | CO |
Entity Address, Postal Zip Code | 80112 |
City Area Code | 303 |
Local Phone Number | 824-4000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $1 par value |
Trading Symbol | ARW |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
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