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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Arrow Electronics Inc | NYSE:ARW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.18 | 1.78% | 124.89 | 125.135 | 121.27 | 123.32 | 542,271 | 01:00:00 |
Arrow Electronics, Inc. (NYSE: ARW) today announced that Charles F. Kostalnick II has been named president of its global reverse logistics business, effective Aug. 1, 2016, succeeding Mark Majeske, who is retiring from the company. In his new role, Mr. Kostalnick will report to Cathy Morris, Arrow’s chief strategy officer.
Mr. Kostalnick brings more than 20 years of experience to this role, most recently serving as chief business officer and executive vice president for Sanmina Corporation. Previously, he held leadership roles at Avnet, Bell Micro and Arrow.
“Since the launch of our reverse logistics business, it has quickly become a differentiator for our suppliers and customers,” said Ms. Morris. “Chuck’s deep industry knowledge and experience will continue to accelerate Arrow’s commitment to the secure and environmentally responsible disposition of technology assets across the supply chain.”
“Mark has been instrumental to launching Arrow’s value recovery business, while also leading our corporate social responsibility efforts on e-waste and sustainability. He will work with Chuck and Arrow to ensure a seamless transition, and we wish him well in his future endeavors.”
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 serving over 85 countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160727005481/en/
Arrow Electronics, Inc.John Hourigan; 303-824-4586
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