Business Context and Reporting Period
This Form 8-K filing by Arrow Electronics, Inc. reports a corporate governance event dated December 11, 2014. The report details the appointment of a new principal accounting officer by the Board of Directors.
Key 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 regarding personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Christopher D. Stansbury as the Company's principal accounting officer, effective December 11, 2014. Mr. Stansbury, who joined Arrow in August 2014 as Vice President, Finance, will continue in that capacity while assuming the new role. He succeeds Paul J. Reilly, who served as interim principal accounting officer since February 27, 2014. Mr. Stansbury reports to Mr. Reilly.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items. The document focuses exclusively on the executive appointment.
Investor Verification Points
- Confirm the effective date of Christopher D. Stansbury's appointment as principal accounting officer (December 11, 2014).
- Verify the reporting line of the new principal accounting officer to the Executive Vice President of Finance and Operations.
- Note that this filing does not impact the company's financial statements or operational metrics.