UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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): May 21, 2014
ARROW
ELECTRONICS, INC.
(Exact
Name of Registrant as Specified in Charter)
NEW YORK |
1-4482 |
11-1806155 |
(State or Other Jurisdiction of Incorporation) |
(Commission |
(IRS Employer Identification No.) |
7459 SOUTH LIMA STREET, ENGLEWOOD, CO 80112 |
(Address of Principal Executive Offices) |
Registrant’s
telephone number, including area code: (303) 824-4000
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 (see General Instruction A.2. below):
⃞ 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 Directors;
Compensatory Arrangements of Certain Officers.
On May 20, 2014 Arrow Electronics Inc. (the “Company”), issued a press release stating that Andrew S. Bryant has been named Chief Operating Officer of the Company’s global components and global enterprise computing solutions businesses and that Sean Kerins has succeeded Mr. Bryant as President of the Company’s global enterprise computing solutions business.
Mr. Bryant, age 59, had served as President of the Company’s global
enterprise computing solutions business since joining the Company in
2008. Mr. Kerins, age 52, had served as President of the Company’s
North American global enterprise computing solutions business since
2010. Prior to that, Mr. Kerins served as Vice President of the
Company’s enterprise computing solutions storage and networking group
since joining the Company in 2007.
Item 9.01.
Financial Statements and Exhibits.
EXHIBIT NO. |
DESCRIPTION |
|
99.1 |
Press Release dated May 20, 2014 issued by Arrow Electronics, Inc. |
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.
Date: |
May 21, 2014 |
||
ARROW ELECTRONICS, INC. |
|||
|
By: |
/s/ Peter S. Brown |
|
Name: |
Peter S. Brown |
||
Title: |
Senior Vice President and General Counsel |
INDEX TO EXHIBITS
EXHIBIT NO. |
DESCRIPTION |
|
99.1 |
Press Release dated May 20, 2014 issued by Arrow Electronics, Inc. |
Exhibit 99.1
Andrew S. Bryant Named Chief Operating Officer of Arrow Electronics, Inc.’s Core Businesses
-- Sean Kerins to become President, Arrow Global Enterprise Computing Solutions --
ENGLEWOOD, Colo.--(BUSINESS WIRE)--May 20, 2014--Arrow Electronics, Inc. (NYSE:ARW) today announced that Andrew S. Bryant has been named chief operating officer of the company’s global components and global enterprise computing solutions businesses.
Mr. Bryant had served as president of Arrow’s global enterprise computing solutions business since 2008 and has over 30 years of experience in the technology distribution industry. He will continue to report to Michael J. Long, chairman, president, and chief executive officer of Arrow.
“Andy’s proven track record makes him the ideal executive to further advance our sales and marketing strength across our core businesses,” said Mr. Long.
Sean Kerins succeeds Mr. Bryant as president of Arrow’s global enterprise computing solutions business. Mr. Kerins had served as president of the company’s North America enterprise computing solutions business since 2010. Mr. Kerins joined Arrow in 2007 as vice president of the Arrow enterprise computing solutions storage and networking group after serving in key sales operations, marketing, and professional services roles with EMC Corporation.
“Sean’s leadership at Arrow and his extensive industry experience will serve the company well as he succeeds Andy in leading our global enterprise computing solutions business,” Mr. Long said.
Mr. Kerins and Eric J. Schuck, president of Arrow’s global components business, will report to Mr. Bryant.
“Succession planning is a critical part of our business at Arrow. Their leadership will advance our strategy of providing value-added solutions to our customers,” said Mr. Long.
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 58 countries.
CONTACT:
Arrow Electronics, Inc.
Steven O’Brien,
303-824-4544
Director, Investor Relations
or
Paul J. Reilly,
631-847-1872
Executive Vice President, Finance and Operations, and
Chief
Financial Officer
or
Media:
John Hourigan, 303-824-4586
Vice
President, Global Communications