Avnet Promotes Greg Monte to Lead Internet Business Development.Business Editors/High-Tech Writers NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com PHOENIX--(BUSINESS WIRE)--March 14, 2000 Greg Monte has been promoted to the newly created position of senior vice president, Internet Business Development, Avnet Inc., reporting directly to Chairman and Chief Executive Officer Roy Vallee. Monte's key responsibilities will be the development of new Internet-related businesses for Avnet, including those that support Avnet's three operating groups -- Avnet Electronics Marketing, Avnet's Computer Marketing Group and Avnet Applied Computing -- in addition to developing and managing the company's equity investments in Internet alliances (Internet Alliance, Washington, DC, www.internetalliance.org) A membership association dedicated to promoting the Internet as the global marketplace for the 21st century. Its goal is to provide a consistent message to state and federal government that enables the Internet to benefit the such as QuestLink, ChipCenter, ChinaEcom, and Viacore. "Clearly, we see the strategic advantage of leveraging the power of the Internet to strengthen our position as an innovator in information technology and to broaden our presence in the technology market space," said Vallee. "Greg Monte has shown exceptional skills in developing strategic plans around the new models of Internet business ventures, and in managing those new businesses. This new position will allow him to focus solely on Internet-business and challenge him to continually develop new and innovative service offerings and strategic alliances. "The goal is to constantly take advantage of new technology developments and turn them into enhanced value for our customers, suppliers, employees and shareholders," Vallee added. Monte was instrumental in developing Avnet's partnerships with dot-com companies An organization that offers its services exclusively on the Internet, either via the user's Web browser or a client program that must be installed in the user's computer. Amazon.com, Yahoo!, Google and eBay are examples of dot-com companies. such as QuestLink (www.questlink.com), the world's largest technical information resource, focusing on semiconductors, for electronics engineering; ChipCenter, (www.chipcenter.com) also a semiconductor source and info-commerce portal; ChinaEcom, Avnet's collaboration with the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
Prior to this promotion, Monte was senior vice president and director of Global Electronic Business for Avnet Electronics Marketing. He joined Avnet in 1984, and during his tenure has held vice president positions in Reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. Sales and Marketing, Customer Satisfaction and Process Development, and also served as senior vice president of Business Process for Avnet Electronics Marketing/Americas, responsible for information systems, training and business process development. Avnet, a leading technology marketer of electronic components and computer products and services, was recognized in December 1999 by InformationWeek magazine in its listing of Top 100 E-Business Innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. in the U.S. Avnet ranked eighth, and Marshall Industries, which Avnet acquired in October 1999, ranked tenth. Additionally, Avnet's was ranked first among electronic component distributors' Web sites by 1,300 readers of EDN EDN Endothelin EDN Eosinophil-Derived Neurotoxin EDN European Documentary Network (Denmark) EDN Earth Day Network EDN Electrodesiccation EDN Electrical Design News (periodical) magazine. EDN's (Cahners Publishing) readership is comprised of electronic design engineers in the U.S and Europe. Phoenix-based Avnet Inc. (NYSE NYSE See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ), a Fortune 300 company with annual sales exceeding $6.4 billion ($10 billion pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma , including acquisitions), is one of the world's largest distributors of semiconductor, interconnect, passive and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). components and computer products from the industry's leading manufacturers. Serving customers in 60 countries, Avnet markets, inventories and adds value to these products and provides world-class supply-chain integration, engineering design and technical services. The company's Web site is located at www.avnet.com |
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