leadership
confidence high
sentiment neutral
materiality 0.40
Arrow Electronics appoints Lawrence Chen to board; expands to 10 directors
ARROW ELECTRONICS, INC.
- Board increased from 9 to 10; Lawrence Chen appointed effective Dec 11, 2024.
- Chen is President/CEO of InterDigital, Inc.; he joins the Audit Committee.
- Board determined Chen is an independent director under NYSE rules and financially literate.
- Company filed restated certificate of incorporation to remove preferred stock references and update address/agent.