STOCK TITAN

Avnet Names Rebeca Obregon New President of Farnell

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Avnet (Nasdaq: AVT) has announced Rebeca Obregon as the new president of Farnell, effective July 1, 2024. Farnell is a key electronics components distributor within Avnet's portfolio, known for its comprehensive product range and global supply chain. Rebeca Obregon has been with Avnet since last year, serving as senior vice president of Strategic Business Engagements and Supplier Management. She brings over 30 years of semiconductor industry experience and has held leadership roles, including corporate vice president at Amkor Technology. Avnet CEO Phil Gallagher expressed confidence in Obregon’s ability to drive Farnell's success, emphasizing her commitment to the company's suppliers, customers, partners, and employees.

Positive
  • Rebeca Obregon's appointment is effective July 1, 2024, ensuring a clear leadership transition.
  • Obregon has over 30 years of experience in the semiconductor industry, enhancing Farnell's leadership strength.
  • Her previous role as senior vice president at Avnet included strategic business engagements and supplier management, showcasing her extensive leadership skills.
  • Obregon’s history of building and growing businesses to profitable market leaders bodes well for Farnell's future.
Negative
  • None.

PHOENIX--(BUSINESS WIRE)-- Avnet (Nasdaq: AVT) has announced Rebeca Obregon as the new president of Farnell, an Avnet company, effective July 1, 2024. Farnell is a high-service electronics components distributor with a comprehensive portfolio of products and supported by an international supply chain.

Avnet names Rebeca Obregon new president of Farnell. (Photo: Business Wire)

Avnet names Rebeca Obregon new president of Farnell. (Photo: Business Wire)

“Since joining Avnet’s leadership team last year, Rebeca has shown her deep commitment to delivering results for our suppliers, customers, partners, and employees,” said Phil Gallagher, CEO, Avnet. “Farnell remains a critical part of Avnet’s overall success and value proposition, and I’m confident that Rebeca is the right leader to steer the organization through its next chapter.”

Obregon previously held the position of senior vice president of Strategic Business Engagements and Supplier Management, where she led Avnet’s United, Velocity and Integrated business units, IP&E (interconnect, passive and electromechanical) supplier management and strategy, mergers and acquisitions.

“Farnell has a rich history as an influential leader in components distribution,” said Obregon. “I look forward to helping our teams at Farnell, Avnet and beyond support our customers at every stage of the product life cycle.”

Obregon has more than 30 years’ experience in the semiconductor industry where she has built and grown teams and businesses from inception to profitable worldwide market leaders. Before joining Avnet in 2023, she was a corporate vice president at Amkor Technology. She holds a B.S. in electrical engineering from Arizona State University, and an M.S. in electrical engineering from the National Technological University.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for an entire century. We support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

Avnet Investor Relations: Joe Burke, joseph.burke@avnet.com, 480-643-7431

Avnet Media Relations: Heather Vana, heather.vana@avnet.com, 480-643-8299

Brodeur Partners for Avnet: Lauren Levinson, llevinson@brodeur.com, 202-899-4639

Source: Avnet

FAQ

When will Rebeca Obregon start her role as president of Farnell?

Rebeca Obregon will start her role as president of Farnell on July 1, 2024.

What is Rebeca Obregon’s background in the semiconductor industry?

Rebeca Obregon has over 30 years of experience in the semiconductor industry, previously holding leadership roles such as corporate vice president at Amkor Technology.

What was Rebeca Obregon’s previous position at Avnet before becoming president of Farnell?

Before becoming president of Farnell, Rebeca Obregon was senior vice president of Strategic Business Engagements and Supplier Management at Avnet.

What is Farnell known for within Avnet's portfolio?

Farnell is known for its comprehensive portfolio of electronics components and its robust international supply chain.

How did Avnet’s CEO, Phil Gallagher, comment on Rebeca Obregon’s appointment?

Phil Gallagher, CEO of Avnet, expressed confidence in Rebeca Obregon’s leadership and her commitment to delivering results for suppliers, customers, partners, and employees.

Avnet, Inc.

NASDAQ:AVT

AVT Rankings

AVT Latest News

AVT Stock Data

4.62B
86.14M
0.9%
103.3%
4.9%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
PHOENIX