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Arrow Electronics

#2272

Rank

$6.85B

Marketcap

US United States

Country

Arrow Electronics
Leadership team

Mr. Michael J. Long (Exec. Chairman)

Mr. Sean J. Kerins (Pres, CEO & Director)

Mr. Vincent P. Melvin (Sr. VP & Chief Information Officer)

Products/ Services
Data Integration, Electrical Distribution, Hardware, Lighting, Software, Supply Chain Management, Telecommunications, Virtualization, Wireless
Number of Employees
20,000 - 50,000
Headquarters
Centennial, Colorado, United States
Established
1935
Company Registration
SEC CIK number: 0000007536
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
ARW
Social Media
Overview
Location
Summary
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.
History

Arrow Electronics was founded in 1935 when a retail store named Arrow Radio opened on Cortlandt Street in the heart of lower Manhattan's "Radio Row," the birthplace of electronics distribution. Arrow Radio, established by Maurice Goldberg, sold used radios and radio parts to retail customers. Other industry pioneers with businesses nearby were Charles Avnet and Seymour Schweber.By the 1940s, Arrow was selling new radios—manufactured by RCA, GE, and Philco—and other home entertainment products, as well as surplus radio parts that were retailed over-the-counter in a parts department at the back of the store. Soon the firm started seeking franchises to sell new parts; the first manufacturers to franchise Arrow were RCA and Cornell Dubilier. The business was incorporated as Arrow Electronics, Inc. in 1946.In the early 1950s, with additional franchises and a small field sales organization, Arrow began selling electronic parts to industrial customers. A second storefront/sales office was opened in Mineola, Long Island in 1956. By 1961, when the company completed its initial public offering and listed its shares on the American Stock Exchange, total sales amounted to $4 million, over half of which came from the industrial sales division, with the remainder from the traditional retail business. During the 1960s, Arrow moved its headquarters to Farmingdale, New York , and opened additional branches in Norwalk, Connecticut and Totowa, New Jersey. The company relocated its headquarters office to Centennial, Colorado in 2011.In 1968, Glenn, Green & Waddell, a partnership formed by three recent graduates of the Harvard Business School, B. Duke Glenn, Jr., Roger E. Green, and John C. Waddell, led a private investor group that acquired the controlling interest in Arrow. The investors saw an opportunity to consolidate the fragmented electronics industry. Duke Glenn served as chairman.

Mission
Arrow Electronics strives to foster and grow a diverse and inclusive environment that encourages an open exchange of ideas, where each individual is valued, respected and enabled to reach his or her potential. We firmly believe that embracing and learning from individual differences is a strength that will give Arrow a sustained, competitive advantage with customers and suppliers, and enable innovation for Arrow's continued success.
Vision
Arrow’s global approach to sustainability focuses on the operation of our business. We strive for efficiency and maximizing waste utilization in offices, facilities and distribution centers. We distinguish ourselves by providing specialized services and expertise across the product life cycle. We seek to provide our suppliers and customers with solutions designed to help them produce products that are inherently more sustainable.
Key Team

Ms. Gretchen K. Zech (Sr. VP and Chief Governance, Sustainability & HR Officer)

Mr. Rajesh K. Agrawal (Sr. VP & CFO)

Mr. Richard A. Seidlitz (VP, Corp. Controller & Principal Accounting Officer)

Mr. Shantnu Sharma (Sr. VP, Chief Strategy & Technology Officer)

Mr. John Hourigan (VP of Global Communications)

Ms. Carine Lamercie Jean-Claude (Sr. VP, Chief Legal Officer & Sec.)

Mr. Greg Hanson (CFO of Emerging Bus.es & VP of Corp. Devel.)

Recognition and Awards
Arrow Electronics has been recognised with a number of awards, including the 2018 ENERGY STAR Partner of the Year Award and the Goodyear Innovation Design and Engineering Awards in 2018 and 2019.
References
Arrow Electronics
Leadership team

Mr. Michael J. Long (Exec. Chairman)

Mr. Sean J. Kerins (Pres, CEO & Director)

Mr. Vincent P. Melvin (Sr. VP & Chief Information Officer)

Products/ Services
Data Integration, Electrical Distribution, Hardware, Lighting, Software, Supply Chain Management, Telecommunications, Virtualization, Wireless
Number of Employees
20,000 - 50,000
Headquarters
Centennial, Colorado, United States
Established
1935
Company Registration
SEC CIK number: 0000007536
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
ARW
Social Media