Fourth quarter sales down 7.5% year-over-year for electronics distribution giant Avnet.
Latest In Avnet
Electronics distributor Avnet names Phil Gallagher as interim replacement for outgoing CEO Bill Amelio and also announces preliminary fourth-quarter financial results.
The acquisition strengthens Avnets software and IoT capabilities at device level.
Max Chan has been promoted from head of global information solutions within Avnet.
Year-to-date sales were up 6.6% year-over-year.
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MaryAnn Miller and Ken Arnold take on new roles in Avnets Leadership Team.
Software and Artificial Intelligence firm adds to Avnets IoT service offering.
Rodney C. Adkins succeeds William H. Schumann III, who will remain as a board member.
Asia leads regional sales growth with 18 percent increase over year-ago period.
Jenkins is CEO of AARP, the worlds largest non-profit, non-partisan member organization.
Oleg Khaykin named to Avnet board; Lorraine Martin joins Kennametal board.
Year-to-date sales were up 9.4 percent year-over-year.
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