Arrow appoints Rajesh Agrawal as CFO, effective Sept 6, 2022

ARROW ELECTRONICS, INC.

Agrawal previously served as CFO of Western Union since 2014; also held M&A and operations roles.
Annual base salary of $700,000; short-term incentive target of $700,000 (actual amount subject to committee approval).
Sign-on equity award of $4M in time-based RSUs vesting in four equal annual installments.
Richard Seidlitz ceases as interim principal financial officer but stays as VP, Corporate Controller and PAO.
Agrawal also serves on the board of Beazley PLC (Audit, Risk, and Remuneration committees).

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.

Role change

Richard A. Seidlitz

Interim Principal Financial Officer (ceasing)

ARW · ARROW ELECTRONICS, INC.

Effective: 2022-09-06
Successor: Rajesh K. Agrawal
Filed: August 16, 2022, 7:59 PM ET

Effective September 6, 2022, Richard A. Seidlitz will cease to serve as the Company’s Interim Principal Financial Officer but will continue to serve as the Company’s Vice President, Corporate Controller and Principal Accounting Officer.

Appointed

Rajesh K. Agrawal

Senior Vice President, Chief Financial Officer, and Principal Financial Officer

ARW · ARROW ELECTRONICS, INC.

Effective: 2022-09-06
Filed: August 16, 2022, 7:59 PM ET

On August 11, 2022, the Board of Directors (the “Board”) of Arrow Electronics, Inc. (the “Company”) approved the appointment of Rajesh K. Agrawal as the Company’s Senior Vice President, Chief Financial Officer, and designation of Mr. Agrawal as the Company’s Principal Financial Officer, in each case, effective September 6, 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 changed role as Interim Principal Financial Officer (ceasing) at ARROW ELECTRONICS, INC..

Action: cease to serve as Interim Principal Financial Officer
Role: Interim Principal Financial Officer (ceasing)

Exact text from the filing

Effective September 6, 2022, Richard A. Seidlitz will cease to serve as the Company’s Interim Principal Financial Officer but will continue to serve as the Company’s Vice President, Corporate Controller and Principal Accounting Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rajesh K. Agrawal was appointed as Senior Vice President, Chief Financial Officer, and Principal Financial Officer at ARROW ELECTRONICS, INC..

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

Exact text from the filing

On August 11, 2022, the Board of Directors (the “Board”) of Arrow Electronics, Inc. (the “Company”) approved the appointment of Rajesh K. Agrawal as the Company’s Senior Vice President, Chief Financial Officer, and designation of Mr. Agrawal as the Company’s Principal Financial Officer, in each case, effective September 6, 2022.

View on SEC.gov

ARROW ELECTRONICS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-22-091575

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