Arrow Electronics (ticker: ARW, exchange: New York Stock Exchange (.N))
News Release -
Vinnie Vellucci Named President of North
American ComponentsMELVILLE, N.Y., Mar 17, 2010 (BUSINESS WIRE) -- Arrow Electronics, Inc., (NYSE: ARW) today announced that Vinnie
Vellucci has been named president of Arrow North American Components
(NAC) effective immediately.
In this role, Mr. Vellucci will lead the electronics components products
and services business for the Americas region as well as the Global
Alliance business for Arrow Global Components. He will report to Peter
Kong, president, Arrow Global Components. Arrow NAC provides electronic
components, services and solutions to a broad range of original
equipment manufacturers as well as contract manufacturers.
Mr. Vellucci has been with Arrow for over 40 years and has served in
numerous senior management positions. Most recently, he was senior vice
president of sales for Arrow Components in North America. Prior to that,
he served as senior vice president of global sales excellence, president
of Arrow Electronics Components, president of Arrow/Bell components and
president of Arrow/Zeus electronics. Vinnie has an educational
background in marketing and attended the General Manager Program for
Executives at the Harvard Business School.
"Vinnie has a long history of building strong relationships with
suppliers and customers to deliver exceptional results. His strong track
record of sales leadership, commitment to building a culture of sales
excellence and deep knowledge of Arrow and the electronics distribution
industry make him ideal for this role," said Mr. Kong.
Kurt Colehower has decided to depart Arrow to pursue outside
opportunities. "We thank Kurt for all his contributions to the company
and wish him the best in his future endeavors," said Mr. Kong.
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. Headquartered in Melville, N.Y., Arrow serves as a supply
channel partner for over 900 suppliers and 125,000 original equipment
manufacturers, contract manufacturers and commercial customers through a
global network of more than 310 locations in 51 countries and
SOURCE: Arrow Electronics, Inc.
Arrow Electronics, Inc.
Vice President and Treasurer
Paul J. Reilly
Executive Vice President & Chief Financial Officer
Director, External Communications