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Arrow Electronics Names Rick Marano President of Global Components

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) today announced that Rick Marano will be named president of the company’s global components business, subject to formal Board appointment at the Board’s next regularly scheduled meeting on Sept. 13, 2023.

Rick Marano will succeed Kirk Schell and will report to Sean J. Kerins, president and chief executive officer.

Previously Mr. Marano served as president of Arrow’s Americas components business and has been with the company for over 30 years, starting in sales and steadily growing his career through the leadership ranks.

“Rick is a widely respected leader and mentor, with a particular track record of consistently developing talent and driving business results,” said Mr. Kerins. “We look to Rick to build upon the growth of our components business.”

About Arrow Electronics

Arrow Electronics guides innovation forward for over 210,000 leading technology manufacturers and service providers. With 2022 sales of $37 billion, Arrow develops technology solutions that help improve business and daily life. Learn more at fiveyearsout.com.

Contacts

Investor contact:
Arrow Electronics, Inc.
Anthony Bencivenga
Vice President, Investor Relations
anthony.bencivenga@arrow.com
303-566-7456

Media contact:
Arrow Electronics, Inc.
John Hourigan
Vice President, Public Affairs and Corporate Marketing
jhourigan@arrow.com
303-824-4586

Industry:

Arrow Electronics

NYSE:ARW
Details
Headquarters: Centennial, Colorado
Website: www.arrow.com
CEO: William Austin (interim)
Employees: 21,500
Organization: PUB
Revenues: $28 billion (2024)
Net Income: $392 million (2024)
Release Versions
English

Contacts

Investor contact:
Arrow Electronics, Inc.
Anthony Bencivenga
Vice President, Investor Relations
anthony.bencivenga@arrow.com
303-566-7456

Media contact:
Arrow Electronics, Inc.
John Hourigan
Vice President, Public Affairs and Corporate Marketing
jhourigan@arrow.com
303-824-4586

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