Avnet, Inc. Announces Corporate Officer Promotions

Gerry Fay, chief global logistics and operations officer, Avnet, Inc. (Photo: Business Wire)

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PHOENIX--()--Avnet, Inc. (NYSE:AVT), a leading global technology distributor, today announced Gerry Fay, Avnet chief global logistics and operations officer, was promoted to the corporate officer position of vice president. In addition, Mike McCoy, associate general counsel, was elected to the corporate officer position of assistant secretary.

“The promotion to corporate officer recognizes the contributions these executives are making to Avnet through their leadership and day-to-day activities,” said Rick Hamada, CEO, Avnet, Inc. “Each has demonstrated a commitment to achieving superior performance in their respective area of responsibility and I commend them for their dedication to our continued success.”

Chief Global Logistics and Operations Officer Gerry Fay is responsible for global warehousing, semiconductor programming, computer and integration center services and operations, and enterprise-wide risk mitigation. He is a member of the Avnet Executive Board and the Global Executive Council. Fay joined Avnet in 2005 with the company's acquisition of electronic component distributor Memec, where he was president of the Americas region. Previously, he held numerous strategic roles, including chief operations officer for Memec's supply-chain and logistics group and chief operating officer for ATLAS Services, a division of VEBA Electronics. He holds a bachelor's degree in business administration and an MBA from the University of Redlands, Redlands, Calif. He serves as an executive board member for the Boys & Girls Club of Metropolitan Phoenix.

Mike McCoy joined Avnet in December 2010 and is vice president and associate general counsel. His responsibilities include providing counsel on corporate governance, securities law and capital market transactions. In addition, McCoy supports global entity management and helps with Avnet’s mergers and acquisition program. Prior to joining Avnet, McCoy worked at the international law firm Greenberg Traurig LLP and was previously an attorney in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. He received his juris doctor degree from the James E. Rogers College of Law at the University of Arizona.

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About Avnet

Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com.

Contacts

Avnet, Inc.
Michelle Gorel, 480-643-7653
VP Public Relations & Corporate Communications
michelle.gorel@avnet.com

Release Summary

Avnet, Inc. today announced Gerry Fay was promoted to the corporate officer position of vice president. In addition, Mike McCoy was elected to the corporate officer position of assistant secretary.

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Contacts

Avnet, Inc.
Michelle Gorel, 480-643-7653
VP Public Relations & Corporate Communications
michelle.gorel@avnet.com