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AVT Avnet Inc

49.29
0.65 (1.34%)
Last Updated: 20:43:40
Delayed by 15 minutes
Share Name Share Symbol Market Type
Avnet Inc NASDAQ:AVT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 1.34% 49.29 49.27 49.29 49.915 48.715 49.50 386,069 20:43:40

Avnet Appoints Phillip Gallagher, Global President of Core Distribution Business

18/04/2017 7:01pm

Business Wire


Avnet (NASDAQ:AVT)
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Avnet (NYSE: AVT), a leading global technology distributor, today announced the appointment of Phillip Gallagher to the role of global president of Avnet’s Core Distribution Business, reporting to CEO William Amelio. In his new role, Gallagher will oversee the company’s core distribution business, as well as its supplier relationships, global procurement and supply chain solutions business.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170418006373/en/

Phillip Gallagher has been appointed to the role of global president of Avnet's Core Distribution Business (Photo: Business Wire)

“We are thrilled to have Phil return to Avnet at this pivotal time in our company. Phil brings decades of electronics industry knowledge to this important role,” said William Amelio, CEO of Avnet. “He will immediately hit the ground running, drawing upon his tenure and knowledge of Avnet’s components business, and his longstanding relationships with our valued supplier and customer community. Our executive leadership team will undoubtedly benefit from his experience.”

Gallagher is a proven executive with a wealth of Avnet and industry expertise, who excels at building and strengthening the vital partnerships Avnet holds with its suppliers and customers. Reporting to Gallagher in this new role will be Avnet’s three regional presidents spanning the Americas, Europe and Asia Pacific, along with the supplier management, global procurement and supply chain services teams.

“What an exciting time to rejoin Avnet,” said Gallagher. “The company in which I spent the majority of my professional life is clearly gearing up for the next chapter. The business strategy and direction that have been laid out by the leadership team is going to change the trajectory of the company, and I am eager to be a part of it. I’m excited to help lead Avnet’s talented employees, and some old friends, in serving our customers and suppliers with the exceptional care that Avnet is so well known for providing.”

Avnet’s more than 95-year heritage as a leader in electronic components distribution, as well as its design and supply chain capabilities, are central to the company’s ability to support customers. With Avnet’s strategic approach to acquisitions, the company has greatly enhanced its support for customers at every stage of the product lifecycle, offering true end-to-end solutions that accelerate a customer’s time to market and seamlessly transitions their products from prototype through to volume production. Avnet’s global workforce, partnerships with the world’s leading technology suppliers, and presence in more than 125 countries provide customers with strength and scale needed to navigate today’s rapidly changing technology industry.

Gallagher began his career with Avnet in 1983 and held executive leadership positions in sales, marketing and operations over his 30 year career with the company. He served as the president of Avnet’s electronics component business in the Americas region from 2004 to 2009. A past president of the National Electronics Distributors’ Association (NEDA), now the Electronic Components Industry Association, Gallagher received one of the organization’s highest honors, the Gail S. Carter Award, in 2009. Gallagher left Avnet in 2014 and was most recently president, Americas sales and marketing for TTI, a leading authorized distributor of interconnect, passive, electromechanical and discrete components. He holds a bachelor’s degree from Drexel University.

Follow Avnet on Twitter: @AvnetConnect with Avnet on LinkedIn: http://www.linkedin.com/company/avnetConnect with Avnet on Facebook: http://www.facebook.com/AvnetInc

All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.

About Avnet

From idea to design and from prototype to production, Avnet supports customers at each stage of a product’s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

AvnetMaureen O’Leary, 480-643-7499maureen.oleary@avnet.comorBrodeur Partners, for AvnetJamie Ernst, 480-308-0286jernst@brodeur.com

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