Highest-materiality recent filing
Arrow Electronics Q2 revenue $10.0B (+32% YoY), EPS $5.26, both above guidance; appoints new COO
Total revenue $9,992M, up 32% YoY; diluted EPS $5.26, non-GAAP EPS $5.45, both above high end of guidance.
Shareholders approved removing supermajority voting provisions (46.1M for, 42.5K against) and overriding NYBCL supermajority default (46.1M for, 44.5K against).
Arrow Electronics Q1 revenue $9.47B (+39%), GAAP EPS $4.55, non-GAAP $5.22, both above guidance
Revenue $9.474B, up 39% YoY; GAAP EPS $4.55 vs $1.51 YoY, above high end of guidance.
Arrow Electronics Q4 sales $8.7B (+20% YoY), EPS $3.75, non-GAAP EPS $4.39, above guidance
Q4 revenue $8.746B, up 20% YoY; GAAP EPS $3.75, non-GAAP EPS $4.39, both above high end of guidance.
Arrow Electronics Q3 revenue up 13% to $7.7B; EPS of $2.41 non-GAAP beats guidance
GAAP diluted EPS $2.09, non-GAAP diluted EPS $2.41, both above high end of guidance.
Arrow Electronics discloses interim CEO Bill Austen's compensation: $1.2M salary, $3.6M RSU grant
Interim President and CEO Bill Austen receives annual base salary of $1,200,000.
Arrow Electronics CEO Sean Kerins departs; Board member Bill Austen named Interim CEO
CEO Sean Kerins separated effective Sept 16, 2025; Board appoints director Bill Austen as Interim President and CEO.
Arrow Electronics appoints Brandon Brewbaker as Chief Accounting Officer, succeeding Yun Cho
Brandon Brewbaker appointed VP, Chief Accounting Officer & Corporate FP&A, effective Aug 29, 2025.
Arrow Electronics Q2 GAAP EPS $3.59, revenue $7.58B, both above guidance
Consolidated sales $7,580M, up 10% YoY; above high end of guidance.
Aggregate commitments of $2,000,000,000 under revolving credit facilities and letters of credit.
All 10 director nominees elected; votes for ranged from 38.3M to 45.8M, out of ~46M cast.
Arrow Electronics Q1 sales and EPS beat guidance; ECS revenue up 18% YoY
Consolidated sales $6,814M, down 2% YoY but above high end of guidance.
Arrow Electronics Q4 sales $7.28B, GAAP EPS $1.86, non-GAAP $2.97, both above high end of guidance
Q4 consolidated sales $7,283M (-7% YoY); GAAP diluted EPS $1.86, non-GAAP diluted EPS $2.97.
Arrow Electronics appoints Lawrence Chen to board; expands to 10 directors
Board increased from 9 to 10; Lawrence Chen appointed effective Dec 11, 2024.
Arrow Electronics Q3 sales $6.8B, GAAP EPS $1.88; restructures with $185M plan
Sales $6.8B, down 15% YoY; GAAP EPS $1.88 vs $3.53; non-GAAP EPS $2.38 vs $4.14.
Arrow Electronics extends North American asset securitization facility to September 2027
Maturity of securitization facility extended from September 20, 2025 to September 10, 2027 via Amendment No. 35.
Arrow Electronics issues $500M of 5.150% notes due 2029
Issued $500M aggregate principal of 5.150% notes due August 21, 2029.
Arrow Electronics Q2 sales $6.9B, down 19%; GAAP EPS $2.01, non-GAAP $2.78; beat guidance
Consolidated sales $6.89B, down 19% YoY; net income $109M ($2.01 diluted EPS) vs $237M ($4.12) a year ago.
All nine director nominees elected with votes for ranging from 41.8M to 45.0M.
Arrow Q1 sales $6.9B (-21% YoY); non-GAAP EPS $2.41 above guidance
Sales $6.94B, down 21% YoY; GAAP EPS $1.53, non-GAAP EPS $2.41 (above high-end guidance).
Arrow Electronics director Fabian Garcia will not stand for reelection at 2024 annual meeting
Fabian Garcia notified the Board on April 16, 2024, of his decision not to stand for reelection.
Arrow Electronics issues $500M of 5.875% notes due 2034
Issued $500M in aggregate principal of 5.875% notes maturing April 10, 2034.
Eric Nowak appointed President, Global Enterprise Computing Solutions effective April 2, 2024.
Arrow Electronics appoints Yun Sung Cho as VP, Corporate Controller and CAO
Appointment effective Feb 21, 2024; Cho succeeds Richard Seidlitz as principal accounting officer.
Arrow Electronics Q4 2023 GAAP EPS $3.54, non-GAAP $3.98 above guidance; sales down 16% YoY
Consolidated Q4 sales $7,849M, down 16% YoY; full-year sales $33,107M, down 11% YoY.
Arrow Electronics enters $300M receivables purchase agreement with HSBC
Arrow Electronics China and Arrow/Components Agent sold up to $300M trade receivables to HSBC under limited recourse framework.
Arrow Electronics Q3 revenue falls 14% to $8.01B; non-GAAP EPS $4.14 at high end of guidance
Revenue $8.01B (-14% YoY); net income $199M vs $342M; GAAP EPS $3.53, non-GAAP $4.14.
Arrow Electronics names Rick Marano President of Global Components, succeeding Kirk Schell
Rick Marano will become President of Global Components, subject to Board approval on September 13, 2023.
Arrow Q2 sales down 10% YoY to $8.51B; guides Q3 EPS $3.25-$3.45
GAAP EPS $4.12, non-GAAP $4.37 vs $5.78 YoY; net income $237M (-36% YoY).
Arrow Electronics director Stephen C. Patrick retires; Carol P. Lowe named Audit Committee Chair
Stephen C. Patrick retired from the Board effective June 5, 2023, after serving since 2003.
Arrow Electronics shareholders elect all 10 director nominees, ratify auditor at 2023 meeting
All 10 board nominees elected; highest support was Mary T. McDowell with 99.5% votes for.
Arrow Q1 EPS falls 13% YoY to $4.60; revenue down 4% to $8.74B
Q1 GAAP EPS $4.60 (down 13% YoY); non-GAAP EPS $4.60 (down 15% YoY).
Arrow Electronics issues $500M of 6.125% notes due 2026
Issued $500M aggregate principal amount of 6.125% notes maturing in 2026.
Arrow Q4 revenue $9.32B (+3% YoY), EPS $5.69; adds $1B buyback; Q1 guide $4.40-$4.60
Q4 2022 sales $9.32B (+3% YoY); GAAP EPS $5.66, non-GAAP EPS $5.69 (above prior guidance midpoint).
Arrow Electronics Q4 EPS $5.66, revenue $9.32B, authorizes $1B buyback
Q4 2022 diluted EPS $5.66 (non-GAAP $5.69), revenue $9.32B (+3% YoY); record Q4 results.
Arrow Electronics appoints Kim Brown Wilmsen as CIO; Melvin moves to Digital Platforms
Vincent P. Melvin transitions from SVP/CIO to newly created role SVP Digital Platforms effective Jan 1, 2023.
Arrow Electronics posts record Q3 2022: EPS $5.27 ($5.45 non-GAAP), sales $9.27B +9% YoY
Net income $342M ($5.27 diluted EPS); non-GAAP net income $354M ($5.45 diluted EPS), both records.
Arrow upsizes EMEA and U.S. securitization facilities; extends maturities
EMEA facility commitment increased from €400M to €600M; maturity extended to December 15, 2025.
Arrow appoints Rajesh Agrawal as CFO, effective Sept 6, 2022
Agrawal previously served as CFO of Western Union since 2014; also held M&A and operations roles.
Arrow Electronics Q2 2022: record sales $9.46B, EPS $5.54 beat guidance; Q3 outlook $5.11-$5.27
Sales $9.46B (+10% YoY); GAAP diluted EPS $5.54 vs prior guidance $5.32-$5.48; non-GAAP EPS $5.78.
Sean J. Kerins' base salary increased to $1,000,000 (from $750,000); cash incentive target rises to $2,000,000.
Arrow Electronics shareholders elect 11 directors, ratify EY, approve say-on-pay
All 11 director nominees elected; votes for ranged from 50.7M to 56.4M shares.
Record Q1: sales $9.07B (+8%), GAAP EPS $5.31, non-GAAP EPS $5.43 vs $2.72/$2.84 YoY.
Arrow Electronics names Sean Kerins President and CEO, Michael Long becomes Executive Chairman
Michael Long resigns as Chairman, President, and CEO effective June 1, 2022.
Arrow CFO Stansbury to depart Apr 1; Seidlitz named interim PF
Christopher Stansbury steps down as SVP, CFO, and principal financial officer effective Apr 1, 2022.
Arrow Electronics Q4 EPS $5.26 beats guidance; sales $9.02B, records across all metrics
Q4 sales $9.02B (+7% YoY) vs guidance $8.55-$9.15B; GAAP EPS $5.26 vs $4.19-$4.35.
Arrow Electronics issues $500M of 2.950% notes due 2032
Issued $500M aggregate principal of 2.950% notes maturing 2032 in a registered public offering.
Arrow Electronics reports record Q3: EPS $4.00, revenue $8.51B; beats guidance
GAAP EPS $4.00 (up 88% YoY); non-GAAP EPS $4.04 (up 94% YoY), above guidance of $3.42-$3.58.
Arrow Electronics appoints Carol Lowe to board of directors
Carol P. Lowe, former EVP & CFO of FLIR Systems, appointed to Arrow's board, effective Sept 15, 2021.
Arrow Electronics enters $2B amended credit facility maturing 2026, drops interest coverage covenant
New $2B revolving credit facility matures September 9, 2026, replacing 2018 agreement.
On April 16, 2024, Mr. Fabian Garcia notified the Chair of the Board of Directors (the “Board”) of Arrow Electronics, Inc. (the “Company”) of his decision not to stand for reelection to the Board at the Company’s 2024 Annual Meeting of Shareholders to be held on May 7, 2024 (the “Annual Meeting”).
Ms. Russell will cease to be an employee of the Company after such date
On March 27, 2024, Arrow Electronics, Inc. (the “Company”) determined to appoint Eric Nowak to succeed Kristin D. Russell as the Company’s President, Global Enterprise Computing Solutions effective as of April 2, 2024.
Mr. Seidlitz has been offered and has accepted another senior financial-management role within the Company.
Mr. Schell will begin transitioning responsibilities to Mr. Marano immediately.
On August 16, 2023, Arrow Electronics, Inc. (the “Company”) issued a press release announcing that Richard J. Marano will succeed Kirk D. Schell as President, Global Components, subject to formal Board appointment at the Board’s next regularly scheduled meeting on September 13, 2023.
On June 5, 2023, Stephen C. Patrick, one of the non-employee directors of Arrow Electronics, Inc. (the “Company”), announced his retirement and tendered his resignation from the Company’s Board of Directors (the “Board”) effective June 5, 2023, which has been accepted by the Board.
the Board of Directors (the “Board”) of Arrow Electronics, Inc. (the “Company”) approved the transition of Vincent P. Melvin, Senior Vice President, Chief Information Officer, a named executive officer in the Company’s 2022 proxy statement, to a new role as Senior Vice President, Digital Platforms.
the Board has appointed Kim Brown Wilmsen as the Company’s Senior Vice President, Chief Information Officer.
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.
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.
the Board of the Company agreed to appoint Mr. Kerins to the Board effective May 11, 2022.
Max materiality 0.85 · Median 0.60 · Most common event earnings