Arrow Electronics Appoints Sean Kerins as President and CEO, Effective June 1, 2022

Arrow Electronics (NYSE:ARW) today announced that Sean J. Kerins succeeds Michael J. Long as President and CEO, effective June 1, 2022. Michael J. Long will become Executive Chairman of Arrow's Board of Directors.

Additionally, Arrow announced today that Kerins will join Arrow's Board of Directors following its annual general meeting on May 11, 2022.

Kerins has been with Arrow Electronics for nearly 15 years, serving as Chief Operating Officer since December 2020. Before that, he was president of Arrow's global enterprise computing solutions business since 2014, and served as president of North America for that business. Before joining Arrow Electronics in 2007, Kerins spent ten years at EMC in sales and professional services roles, held senior roles at Coopers & Lybrand Consulting, and worked as an industrial engineer at General Motors.

Kerins holds a Bachelor of Engineering from Syracuse University and an MBA from Northwestern University's Kellogg School of Management.

"I am honored to lead this company into the future," Kerins said. "It has truly been a privilege to work with Michael and the talented Arrow Electronics team for the past 15 years. I look forward to our continued focus on driving profitable growth and value creation for our shareholders, suppliers, customers and employees. "

"Sean's leadership and proven track record at Arrow makes him an ideal executive to succeed Michael," said Barry W. Perry, lead independent director of Arrow's board of directors. "Our commitment to multi-year succession planning provides continuity for our shareholders, customers, suppliers and employees."

"Furthermore, we are delighted that Michael will become Executive Chairman of Arrow's Board of Directors, ensuring that his decades of leadership and guidance at Arrow Electronics and his extraordinary performance as Chairman, President and Chief Executive Officer continue to contribute to Arrow's leadership and leadership. Strategy informs for the benefit of our shareholders," Perry said.

"It has been an honor to work with the outstanding team at Arrow Electronics throughout my career," said Sean. "Talent and succession management are at the heart of our strategy. After careful consideration and years of review, I am very excited that Sean has been appointed President and CEO. I have full confidence in his leadership to guide Arrow into the future, and I look forward to Continue serving on Arrow's Board of Directors."