Business Context and Reporting Period
This Form 8-K is a current report filed by AVNET, INC. on April 18, 2017, regarding an event that occurred on April 13, 2017. The filing addresses corporate governance changes rather than financial performance.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial statements or metrics.
Material Changes
The material change reported is the resignation of Ray Robinson from the Board of Directors. His resignation is effective May 1, 2017. The Company explicitly states that the resignation was not due to any disagreements with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies beyond the standard disclosure regarding the director's departure.
Key Facts for Investor Verification
- Ray Robinson resigned from the Board of Directors effective May 1, 2017.
- The resignation was voluntary and not related to any disagreement with the Company.
- The report was signed by Kevin Moriarty, Senior Vice President and Chief Financial Officer.
- No financial data or operational metrics are included in this specific filing.