Arrow Electronics Names Germano Fanelli President, Arrow EMEASA.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--Dec. 4, 2003 Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products. , Inc. (NYSE NYSE See: New York Stock Exchange :ARW ARW Air Refueling Wing ARW Advanced Research Workshop ARW Associated Resume Writers ARW Army Ranger Wing (Irish Special Forces) ARW American Revolutionary War ARW Angle Random Walk ARW Aeroelastic Research Wing ) today announced the appointment of Germano Fanelli to the position of President, Arrow Electronics EMEASA (Europe, Middle East, Africa and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. ), effective January 1, 2004. In his new role, Mr. Fanelli will be responsible for Arrow's businesses throughout these regions, reporting directly to William E. Mitchell, Arrow's President and Chief Executive Officer. Mr. Fanelli joined Arrow in 1991 when the company purchased a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in Silverstar, one of Europe's leading distributors of electronics components in Italy. By 1996, his leadership responsibilities increased as he assumed the position of Managing Director for Arrow's Southern European region. "In his 12 years with Arrow, Germano has led the Southern European region to admirable levels of market share, revenue and profits, both through acquisitions and internal growth, and has overseen the development of its management team, information systems and distribution facilities," said Mr. Mitchell. "Germano is a well respected leader in the electronics industry, and I am confident that he will continue to drive successful results as he takes on this expanded responsibility." "I look forward to working closely with our talented regional leadership teams to build even greater levels of success in our businesses throughout Europe, the Middle East, Africa and South America," said Mr. Fanelli. Arrow Electronics is one of the world's largest providers of products, services and solutions to the electronic components and computer products industry. Headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , Arrow serves as a supply channel partner for more than 600 suppliers and 150,000 original equipment manufacturers, contract manufacturers and value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. through 193 sales facilities and 21 distribution centers in 40 countries and territories. Detailed information about Arrow's operations can be found at www.arrow.com. |
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