Arrow Electronics Names Arthur Baer President of Arrow Europe.
MELVILLE, N.Y.--(BUSINESS WIRE)--January 12, 2000
Arrow Electronics, Inc. (NYSE:ARW) has named Arthur H. Baer, age 53, as President of Arrow Europe.
Based in Frankfurt, Germany, Mr. Baer will oversee Arrow's business units in Northern, Southern, and Central Europe as well as the company's European-wide marketing efforts. He will report to Francis M. Scricco, President and Chief Operating Officer of Arrow.
"We are delighted to welcome Art Baer to the Arrow family," said Stephen P. Kaufman, Chairman and Chief Executive Officer of Arrow. "His joining Arrow represents another step in our ongoing effort to broaden and deepen our senior management ranks. Having lived and worked extensively in Europe, and with his management experience in a variety of industries, Art is well-suited to the needs of Arrow and our ever-changing industry."
"Today, Arrow Europe is a $2.5 billion business and holds the number one position in each of the three regions we serve," said Mr. Scricco. "Our organizational structure has continually evolved to meet the challenges and opportunities of the region. Art's appointment as President of Arrow Europe represents the next step in that evolution. We are confident that, under his leadership, Arrow's preeminent position in Europe will continue to strengthen."
Prior to joining Arrow, Mr. Baer served as Dean of the College of Business and Administration at Drexel University in Philadelphia, after which he launched a media company in upstate New York. His background also includes general management positions in a variety of service businesses. In addition, he has had numerous overseas assignments, including with McKinsey & Company, an international management consulting firm. Mr. Baer currently serves as a Director of Seneca Foods Corporation. He holds a Bachelor of Arts degree in Economics and a Masters in Business Administration from Columbia University.
Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1998 sales of $8.3 billion. Headquartered in Melville, New York, Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers and commercial customers through more than 200 sales facilities and 26 distribution centers in 35 countries. Detailed information about Arrow's operations can be found at www.arrow.com.
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|Date:||Jan 12, 2000|
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