Avnet Inc. Promotes Two Executives.PHOENIX--(BUSINESS WIRE)--Feb. 16, 1999--Roy Vallee, Chairman and Chief Executive Officer of global electronics distributor Avnet Inc. (NYSE NYSE See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ), Tuesday announced the promotion of two executives, John Hovis and Don Sweet. Hovis has been named vice president/director, Global Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , reporting to Vallee. Hovis is primarily responsible for developing and implementing the company's global strategic planning management system, which incorporates Avnet's strategic global objectives with global budgeting and performance measurement. "John has made a significant contribution by establishing a best-in-class global strategic planning and management system, to be used throughout Avnet's worldwide network," said Vallee. Prior to his promotion, Hovis was director, Global Strategic Planning. He began his career at Avnet in 1992 as a strategic account manager, and later held posts as manager of Planning and Analysis, and director of the Business Information Office. Before joining Avnet, Hovis was assistant professor of Economics at the University of Maryland, College Park The University of Maryland, College Park (also known as UM, UMD, or UMCP) is a public university located in the city of College Park, in Prince George's County, Maryland, just outside Washington, D.C., in the United States. , and was self-employed as an economic and financial consultant. Hovis earned a B.A., with honors, in Economics and a Ph.D. in Economics from the University of Wyoming UW is a national research university prominent in the fields of environment and natural resource research, specializing in agriculture, energy, geology, and water resource related fields. . Don Sweet, a 33-year Avnet veteran, has been promoted to senior vice president, Supplier/Materials Management, reporting to the Global Office of the Presidents, Brian Hilton and Steve Church. In his new post, Sweet is responsible for the management of global supplier agreements, and the development and coordination of global materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, activities. Prior to his promotion, Sweet served as senior vice president/director of Global Supplier Management, developing the infrastructure for Avnet's global inventory management and supplier agreements. He was previously a senior vice president/director of Avnet Electronic Marketing Group's materials management. In his three decades at Avnet, beginning in 1965 at Hamilton Hamilton, city, Bermuda Hamilton, city (1990 est. pop. 3,100), capital of Bermuda, on Bermuda Island. It is a port at the head of Great Sound, a huge lagoon and deepwater harbor protected by coral reefs. Electro E`lec´tro n. 1. An electrotype. Sales, Sweet has held positions in sales, marketing, product management, warehouse management, as well as materials management. Avnet Inc. is a global Fortune 500 company with annual sales exceeding $5.9 billion. Avnet serves customers in 58 countries by marketing, inventorying and adding value to the products of the foremost electronic components and computer equipment manufacturers. |
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