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Arrow appoints COO for core businesses

May 20, 2014 7:06 PM ETArrow Electronics, Inc. (ARW) StockBy: Eric Jhonsa, SA News Editor
  • Arrow (NYSE:ARW) has named Andrew Bryant, the head of its IT product distribution (global enterprise computing) ops since 2008, the COO for both its component and IT product units.
  • Sean Kerins, the head of Arrow's North American IT product business, will take Bryant's old job.
  • Arrow's component sales rose 4% Y/Y in Q1 (to $3.42B) on an adjusted basis. IT product sales were down 11% (to $1.66B) on an adjusted basis due to weak server/storage demand.

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