Avnet Inc. (NYSE:AVT), Phoenix, AZ, has promoted Gerry Fay global president for Avnet Electronics Marketing, one of two global operating groups within Avnet. Effective October 1, 2013, Fay will be responsible for the strategic direction, day-to-day operations and performance of the group globally. Avnet Electronics Marketing serves electronic OEMs and electronic manufacturing services providers in more than 70 countries.
Fay joined Avnet in 2005 with the company's acquisition of electronic component distributor Memec, where he was president of Memec Americas. Currently, he serves as chief logistics and global operations officer and is responsible for global warehousing, semiconductor programming, computer and integration center services and operations, global trade compliance and enterprise-wide risk mitigation.
Fay succeeds Harley Feldberg, who was promoted to global president of Avnet Electronics Marketing in July 2004.
Avnet is No. 1 on MDM's 2013 list of top electronics distributors.