Arrow Electronics Inc. (NYSE: ARW), Englewood, CO, has named Eric Schuck president of its global components business, effective January 1, 2014. Schuck will succeed Peter Kong, who is retiring March 31, 2014.
Schuck served most recently as president of Arrow’s components businesses in Europe, the Middle East and Africa. Prior to that, he was managing director of the company’s components business in Central Europe.
“As an important element of our succession-planning process, Peter will be working closely with Eric on an orderly transition through the end of 2013,” President and CEO Michael J. Long said.
Arrow, No. 2 on MDM's 2013 list of top electronics distributors, has more than 470 locations in 55 countries.