AVNET, INC. (NYSE:AVT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On February 13, 2017, Gerry Fay, Senior Vice President of Avnet,
Inc. (the Company) and President, Avnet Electronics Marketing,
provided notice of his intent to terminate his employment
agreement with the Company effective February 13, 2018.A press
release discussing Mr. Fays notice is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Press Release, dated February 16, 2017
About AVNET, INC. (NYSE:AVT)
Avnet, Inc. is a distributor of electronic components, enterprise computer, networking and storage products and software, information technology solutions and services, and embedded subsystems. The Company operates through two segments: Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors and interconnect, passive and electromechanical devices (IP&E), and embedded products to a customer base serving various end markets. The TS segment focuses on the distribution of enterprise computing servers and systems, software, storage, services and solutions from the technology manufacturers and software developers. It also provides hard disk drives, microprocessor, motherboard and dynamic random access memory module technologies to manufacturers of general-purpose computers and system builders. It has operations in the Americas; Europe, the Middle East and Africa (EMEA), and Asia/Pacific, consisting of Asia, Australia and New Zealand (Asia). AVNET, INC. (NYSE:AVT) Recent Trading Information
AVNET, INC. (NYSE:AVT) closed its last trading session up +0.04 at 46.29 with 687,302 shares trading hands.