Arrow CFO Stansbury to depart Apr 1; Seidlitz named interim PF

ARROW ELECTRONICS, INC.

Christopher Stansbury steps down as SVP, CFO, and principal financial officer effective Apr 1, 2022.
Departure is not related to company's operations, financial reporting, or internal controls.
Executive search firm retained; search for a permanent CFO is underway.
Rick Seidlitz, VP Corporate Controller and PAO, appointed interim principal financial officer.
Stansbury eligible for severance under Arrow's Executive Severance Policy.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Richard A. Seidlitz

Interim Principal Financial Officer

ARW · ARROW ELECTRONICS, INC.

Effective: 2022-04-01
Filed: March 28, 2022, 7:59 PM ET

on March 23, 2022, the Board of Directors (the “Board”) of the Company approved the appointment of Richard A. Seidlitz, age 44, as the Company’s Interim Principal Financial Officer, effective April 1, 2022.

Departed

Christopher D. Stansbury

Senior Vice President, Chief Financial Officer and Principal Financial Officer

ARW · ARROW ELECTRONICS, INC.

Effective: 2022-04-01
Successor: Richard A. Seidlitz
Filed: March 28, 2022, 7:59 PM ET

On March 28, 2022, Arrow Electronics, Inc. (the “Company”) announced the departure of Christopher D. Stansbury from his position as Senior Vice President, Chief Financial Officer of the Company, and from his role as the Company’s designated Principal Financial Officer, effective April 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard A. Seidlitz was appointed as Interim Principal Financial Officer at ARROW ELECTRONICS, INC..

Action: appointed
Role: Interim Principal Financial Officer

Exact text from the filing

on March 23, 2022, the Board of Directors (the “Board”) of the Company approved the appointment of Richard A. Seidlitz, age 44, as the Company’s Interim Principal Financial Officer, effective April 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher D. Stansbury departed as Senior Vice President, Chief Financial Officer and Principal Financial Officer at ARROW ELECTRONICS, INC..

Action: departure
Role: Senior Vice President, Chief Financial Officer and Principal Financial Officer

Exact text from the filing

On March 28, 2022, Arrow Electronics, Inc. (the “Company”) announced the departure of Christopher D. Stansbury from his position as Senior Vice President, Chief Financial Officer of the Company, and from his role as the Company’s designated Principal Financial Officer, effective April 1, 2022.

View on SEC.gov

ARROW ELECTRONICS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-22-038417

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