Business Context and Reporting Period
This Form 8-K filing by Arrow Electronics, Inc. (NYSE: ARW) was submitted on July 1, 2019. The report discloses a specific corporate governance event regarding the appointment of a senior executive officer, effective as of the report date.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report focused on personnel changes and does not contain financial statements or performance metrics.
Material Changes
The primary material change disclosed is the appointment of Lily Yan Hughes as Senior Vice President and Chief Legal Officer, effective July 1, 2019. She succeeds Gregory Tarpinian and will report to Michael J. Long, the Chairman, President, and CEO.
Management Commentary and Background
- Appointee Background: Ms. Hughes previously served as Senior Vice President, Chief Legal Officer, and Corporate Secretary of Public Storage (a NYSE-listed REIT).
- Prior Experience: Before Public Storage, she served as Vice President and Associate General Counsel of Ingram Micro, the world's largest wholesale IT and mobile devices distributor.
- Exhibits: The filing includes a press release dated July 1, 2019, as Exhibit 99.1.
Key Facts for Investor Verification
- Verify the effective date of Lily Yan Hughes' appointment (July 1, 2019).
- Confirm the reporting line to CEO Michael J. Long.
- Note that this filing contains no financial data; refer to the most recent 10-Q or 10-K for financial performance.