Arrow Electronics CEO Sean Kerins departs; Board member Bill Austen named Interim CEO

ARROW ELECTRONICS, INC.

CEO Sean Kerins separated effective Sept 16, 2025; Board appoints director Bill Austen as Interim President and CEO.
Kerins forfeits unvested equity and cash incentives; no severance; gets extended option exercise and $61k/month consulting for 6 months.
Board reduced to nine members; search for permanent CEO launched.
Q3 2025 outlook reaffirmed from July 31, 2025 guidance (no change).

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