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Dick Borsboom Selected as President of Avnet Technology Solutions, EMEA.


NETTETAL, Germany -- Avnet Technology Solutions, an operating group of global technology distributor Avnet, Inc. (NYSE NYSE

See: New York Stock Exchange
: AVT AVT

avian arginine vasotocin. See vasotocin.
), today announced the appointment of Dick Borsboom as president of Avnet Technology Solutions, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. , effective immediately. As president, Borsboom will be responsible for the strategic direction and growth of Avnet's computing computing - computer  business in Europe, Middle East and Africa (EMEA). Currently, the Technology Solutions group in EMEA generates US$1.3 billion in revenue and delivers computing technology to resellers, system integrators, system builders This article's grammar usage needs improvement. Please edit this article in accordance with Wikipedia's .  and embedded Inserted into. See embedded system.  OEMs in 14 countries across Europe while continuing to expand its presence. Borsboom will report to John Paget, president, Avnet Technology Solutions, worldwide.

The appointment of Borsboom further strengthens Avnet's European leadership team. He brings to the company more than 13 years of distribution industry experience, including positions in business management, finance, HR and IT.

"Dick brings a wealth of experience and shares our sense of commitment to our team members," said Paget. "We're delighted to have someone with such a broad background in business and operational excellence. I'm confident he and his team have the skills and capabilities to expand Avnet Technology Solutions' European leadership in value-added distribution."

Borsboom most recently served as chief financial officer and vice president of Finance, HR and IT at Flexsys Coordination Centre N.V. in Belgium, where he had a proven record of double-digit profit growth. His experience also extends to mergers and acquisitions. Prior to that position he served as chief financial officer for Bell Microproducts in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . He also previously worked as group chief financial officer for VEBA VEBA Voluntary Employees' Beneficiary Association  Electronics LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 in Germany, which was the spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders.  of the IT distribution activities of Raab Karcher. The European part of VEBA Electronics was later acquired by Avnet. Borsboom also holds a Masters Degree in Economics from the University of Tilburg, The Netherlands.

"Joining a company as strongly positioned as Avnet for growth in the region is an exceptional opportunity," said Borsboom. "The leadership team is experienced and understands how to connect business partners with market opportunities that are aligned with our suppliers' strategies. Avnet has a proven track record of growth, and I look forward to taking the business to the next level of success in Europe."

Avnet Technology Solutions, EMEA, consists of four successful divisions: Avnet Computing Components, the leading provider of AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips.  and complementary technology products, information and services; Avnet Applied Computing Solutions, a provider of embedded solutions for OEMs; Avnet Partner Solutions, a value-added distributor of enterprise software, storage and servers; and Avnet Visual + Data Solutions, which specializes in the supply and service of visual information technology from EIZO and Thin Client, storage and network/security solutions.

About Avnet Technology Solutions

Avnet Technology Solutions is an operating group of Avnet, Inc. (NYSE:AVT) representing US$5.1 billion in annual revenue for calendar year 2006, with locations in more than 30 countries. As a global technology sales and marketing organisation, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers.

About Avnet Inc.

Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 70 countries worldwide.

The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  and solutions. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit www.avnet.com/ (AVT_IR)

Notes for editors:

Additional information about Avnet Technology Solutions GmbH in Nettetal is available from: Kirsten Klatt, European Communications Director, Tel.: +49 (0)2153 733-328
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Apr 12, 2007
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