Hello, Guest!
  • Friday, December 20, 2024

William Amelio Named Full-Time Avnet CEO


William Amelio
William Amelio

William Amelio, acting CEO of Avnet (NYSE: AVT) over the past two months, has been appointed to the position on a full-time basis by the board of directors at the Phoenix, Arizona-based technology distributor.

He has served on the company’s board since 2014 and brings more than 35 years of business management experience to his new role, Avnet said Thursday.

“The board unanimously agreed that making him the permanent CEO was in the best interest of our customers, employees and shareholders, ” said Avnet Chairman William Schumann.

Amelio started his career at IBM‘s (NYSE: IBM) microelectronics technology division in 1979 and was later promoted to general manager of worldwide operations at the technology firm’s personal computer division.

He also previously served as senior vice president and president for the Asia-Pacific/Japan region at Dell as well as held dual roles as president and CEO at Lenovo and helicopter services provider CHC Group.

Video of the Day

Related Articles

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted M&A Activity

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted

IBM (NYSE: IBM) has agreed to acquire HashiCorp (Nasdaq: HCP) for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities designed to help organizations automate their multicloud and hybrid cloud environments amid the rapid deployment of artificial intelligence technologies. IBM said Wednesday the boards of directors

Multiple Records Shattered in This Week’s Wash100 Popular Vote Standings News

Multiple Records Shattered in This Week’s Wash100 Popular Vote Standings

It’s official: this year’s Wash100 popular vote contest has garnered the most participation of any in years past! We will wait to reveal the total count of votes until the end of the competition in May, but suffice it to say, the number is jaw-dropping. Thanks for your help in making this the most engaged

IBM Secures $576M DMEA Contract for Semiconductor Supply Chain Support Contract Awards

IBM Secures $576M DMEA Contract for Semiconductor Supply Chain Support

IBM has received a potential 10-year, $576 million indefinite-delivery/indefinite-quantity contract to help the Defense Microelectronics Activity secure the production of commercial semiconductor technologies and services for military applications. The DMEA Trusted Access Program Office requires the development of an evidence-based “trusted” enclave for manufacturing secure microelectronics in the commercial market as part of the Trusted