EX-99.1 2 tm2210400d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

ARROW ELECTRONICS, INC. 

9201 E. DRY CREEK ROAD
CENTENNIAL, CO 80112

303-824-4000

 

 

Chris stansbury to depart from ARROW ELECTRONICS, inc.

 

FOR IMMEDIATE RELEASE

 

CENTENNIAL, Colo. – Mar. 28, 2022 -- Arrow Electronics, Inc. (NYSE:ARW) announced the departure of Christopher D. Stansbury, senior vice president and chief financial officer, effective Apr. 1, 2022.

 

Arrow Electronics has retained the services of an executive recruitment firm and a search for a new chief financial officer is underway. In the interim, Rick Seidlitz, vice president, corporate controller, and principal accounting officer, will assume the responsibilities of the principal financial officer.

 

Mr. Stansbury's departure is not related to the Company's operations, financial reporting, or controls.

 

Arrow Electronics guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2021 sales of $34 billion, Arrow develops technology solutions that improve business and daily life. Learn more at fiveyearsout.com.

 

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Contact: Steven O’Brien
  Vice President, Investor Relations
  303-824-4544
   
Media Contact: John Hourigan
  Vice President, Global Communications
  303-824-4586