0001299933-12-000854.txt : 20120416 0001299933-12-000854.hdr.sgml : 20120416 20120413200839 ACCESSION NUMBER: 0001299933-12-000854 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120413 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: 20120416 DATE AS OF CHANGE: 20120413 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVNET INC CENTRAL INDEX KEY: 0000008858 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 111890605 STATE OF INCORPORATION: NY FISCAL YEAR END: 0701 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04224 FILM NUMBER: 12759719 BUSINESS ADDRESS: STREET 1: 2211 SOUTH 47TH STREET CITY: PHOENIX STATE: AZ ZIP: 85034 BUSINESS PHONE: 4806432000 MAIL ADDRESS: STREET 1: 2211 SOUTH 47TH STREET CITY: PHOENIX STATE: AZ ZIP: 85034 8-K 1 htm_44730.htm LIVE FILING AVNET, INC. (Form: 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):   April 13, 2012

AVNET, INC.
__________________________________________
(Exact name of registrant as specified in its charter)

     
New York 1-4224 11-1890605
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2211 South 47th Street, Phoenix, Arizona   85034
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   480-643-2000

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:

[  ]  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 Officers; Compensatory Arrangements of Certain Officers.

On April 13, 2012, Avnet, Inc. (the "Company") announced that Raymond Sadowski, the Company’s Senior Vice President and Chief Financial Officer, has notified the Company of his intent to retire. The Company has initiated a search for Mr. Sadowski’s replacement and he will continue in his current role until his successor is in place. The Company issued a press release announcing Mr. Sadowski’s intent to retire, which is attached hereto as Exhibit 99.1.





Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number Description
99.1 Press release dated April 13, 2012





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.

         
    AVNET, INC.
          
April 13, 2012   By:   /s/ Raymond Sadowski
       
        Name: Raymond Sadowski
        Title: Senior Vice President and Chief Financial Officer

Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press release dated April 13, 2012.
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

Avnet, Inc.
2211 South 47th St.
Phoenix, AZ 85034

PRESS RELEASE

Avnet, Inc. Announces Plans for Chief Financial Officer Transition
Initiates Search for Successor

Phoenix, Arizona, April 13, 2012 — Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced today that Ray Sadowski, the company’s Chief Financial Officer for the past 19 years, has notified the company of his intent to retire. Accordingly, the company has initiated a search to replace him and has engaged Crist/Kolder Associates, a leading specialist search firm, to assist in this process. Mr. Sadowski will remain fully engaged in his current role and responsibilities until his successor is in place and will continue in a senior advisory role as needed to ensure a smooth and seamless transition.

Rick Hamada, chief executive officer, said “Ray’s 33 total years of service and significant contributions to Avnet’s success are deeply appreciated. Although he will certainly be missed, we understand and respect his desire to initiate this personal transition and appreciate his proactive willingness to assist us through this critical succession.”

About Avnet
Avnet, Inc. (NYSE:AVT), a Fortune 500 Company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 2, 2011, Avnet generated revenue of $26.5 billion. For more information, visit www.avnet.com. (AVT—IR)

For more information, visit Avnet’s Investor Relations Website at www.ir.avnet.com or contact us at investorrelations@avnet.com. (AVT—IR)

     
CONTACT:  
Avnet, Inc.
Vince Keenan
VP, Investor Relations
(480) 643-7053
investorrelations@avnet.com