Arrow Electronics (ARW) discloses CEO and Executive Chairman compensation packages effective June 1, 2022

ARROW ELECTRONICS, INC.

Sean J. Kerins' base salary increased to $1,000,000 (from $750,000); cash incentive target rises to $2,000,000.
Kerins receives one-time RSUs valued at $600,000 and PSUs with target value of $600,000 under the 2004 Omnibus Plan.
Michael J. Long's base salary reduced to $1,000,000 (from $1,320,000); cash incentive target lowered to $2,000,000 from $3,180,000.
Both will not receive compensation for non-independent director service; SERP amended for Kerins to define normal retirement age as later of age 60 or actual termination.

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