0001157523-17-003231.txt : 20171215 0001157523-17-003231.hdr.sgml : 20171215 20171215080032 ACCESSION NUMBER: 0001157523-17-003231 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171212 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20171215 DATE AS OF CHANGE: 20171215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARROW ELECTRONICS INC CENTRAL INDEX KEY: 0000007536 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 111806155 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04482 FILM NUMBER: 171257708 BUSINESS ADDRESS: STREET 1: 9201 EAST DRY CREEK ROAD CITY: CENTENNIAL STATE: CO ZIP: 80112 BUSINESS PHONE: 303-824-4000 MAIL ADDRESS: STREET 1: 9201 EAST DRY CREEK ROAD CITY: CENTENNIAL STATE: CO ZIP: 80112 8-K 1 a51730737.htm ARROW ELECTRONICS, INC. 8-K

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): December 12, 2017


ARROW ELECTRONICS, INC.
(Exact Name of Registrant as Specified in Its Charter)


NEW YORK

1-04482

11-1806155

(State or Other Jurisdiction
of Incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)


9201 East Dry Creek Road, Centennial, 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))

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 PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.

          On December 12, 2017, Arrow Electronics, Inc. (the “Company”) appointed Steven H. Gunby as an independent director of the Board of Directors (the “Board”), effective immediately.  Also, on December 13, 2017, John N. Hanson announced his retirement from the Board, effective immediately.  A copy of the press release announcing the appointment of Mr. Gunby and retirement of Mr. Hanson is attached as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS

EXHIBIT NO.

 

DESCRIPTION

 
99.1 Press release issued by Arrow Electronics, Inc. dated December 15, 2017 regarding the appointment of Mr. Steven H. Gunby to and Mr. John N. Hanson’s retirement from the Company’s Board of Directors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ARROW ELECTRONICS, INC.

 
 

Date: December 15, 2017

By:

/s/ Gregory Tarpinian

Name:

Gregory Tarpinian

Title:

Senior Vice President

and Chief Legal Officer




EXHIBIT INDEX

EX-99.1 2 a51730737ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Arrow Electronics Names Steven H. Gunby as a New Director to Its Board

-- John N. Hanson Retires from the Board --

CENTENNIAL, Colo.--(BUSINESS WIRE)--December 15, 2017--Arrow Electronics, Inc. (NYSE:ARW) announced that Steven H. Gunby, president and CEO of FTI Consulting, Inc., has been appointed to the company's board of directors. Separately, after 20 years of service, John N. Hanson has retired from the board of directors. The addition of Mr. Gunby and departure of Mr. Hanson will leave the total number of directors on the board at nine.

“I am delighted to have Steven join our board. He brings a tremendous knowledge of global business models and has a proven ability to guide innovation and growth,” said Michael J. Long, chairman, president, and chief executive officer of Arrow Electronics. “As we continue to advance our complete sensor-to-sunset strategy, Steven will be a valuable addition to our board.”

“During his tenure on the board, John has served as a trusted advisor to me and the company. My colleagues on the board and I, on behalf of Arrow, gratefully acknowledge John’s numerous valuable contributions,” Mr. Long said. “We will miss John’s counsel and insights, and wish him all the best in his retirement ahead.”

Mr. Gunby has been president, CEO, and a member of the board of directors of FTI Consulting since January 2014. Prior to that, he had a 30-year career with The Boston Consulting Group (BCG), a leading business strategy consulting services firm. While at BCG, Mr. Gunby’s roles included global leader, transformation, and chairman, North and South America. He also held other major managerial roles in his capacity as a senior partner and managing director and serving as a member of BCG’s Executive Committee. Mr. Gunby holds a bachelor’s degree from Cornell University and has both a master’s degree and law degree from Yale University.

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 125,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 465 locations serving over 90 countries.

CONTACT:
Arrow Electronics, Inc.
Steven O’Brien, 303-824-4544
Vice President, Investor Relations
or
Media Contact:
John Hourigan, 303-824-4586
Vice President, Global Communications