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 |
(Commission |
(IRS Employer |
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
EXHIBIT |
DESCRIPTION |
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