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Phil Gallagher Named New President of Avnet Electronics Marketing Americas

Thursday, June 10, 2004 4:00 am MST

Dateline:

PHOENIX

Public Company Information:

market not identified:
AVT
"Phil's proven record of success, his extensive experience, and his deep passion for doing what's best for Avnet Electronics Marketing and its trading partners will serve the Avnet EMA organization well"
PHOENIX--(BUSINESS WIRE)--June 10, 2004--Avnet Electronics Marketing, the largest operating group of Avnet Inc. (NYSE:AVT), announced that Phil Gallagher has been promoted to president, Avnet Electronics Marketing Americas, effective July 5, 2004, concurrent with Avnet's fiscal year 2005.

Gallagher will succeed Harley Feldberg, who was recently promoted to global president of Avnet Electronics Marketing. Gallagher currently serves as senior vice president, Global Business Development, for Avnet Electronics Marketing, where he has been responsible for the group's global supplier relationships. Additionally, he led Avnet Electronics Marketing's global account sales strategy and coverage model. He also took the lead role in developing its business migration strategy and process.

As president of Avnet Electronics Marketing Americas, Gallagher will report to Feldberg.

Since beginning his career with Avnet in Philadelphia in 1983, Gallagher has steadily risen through the ranks of sales and management. Prior to assuming his current global role, he served as president of Avnet Cilicon and Avnet RF & Microwave, both Americas-based divisions. Additional Avnet posts have included account manager, sales manager, district manager, regional manager, area director and vice president of sales and operations for the Americas. He was also named a corporate officer of Avnet Inc. in 1997.

"Phil's proven record of success, his extensive experience, and his deep passion for doing what's best for Avnet Electronics Marketing and its trading partners will serve the Avnet EMA organization well," said Feldberg.

About Avnet Electronics Marketing

Avnet Electronics Marketing (http://www.em.avnet.com)is the largest operating group of Phoenix-based Avnet Inc. Avnet Electronics Marketing, Americas (EMA) serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in North America and Brazil through three focused business divisions, distributing electronic components from leading manufacturers and providing associated services. Avnet Cilicon focuses solely on semiconductors with dedicated channels to specific end-market segments; Avnet IP&E is the leading interconnect, passive and electromechanical components specialist; and Avnet Supply Chain Services provides end-to-end supply chain optimization programs.

Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 250 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities which help its trading partners accelerate growth and realize cost efficiencies. Avnet generated more than $9B of revenue in fiscal 2003 (year ended June 27, 2003) with sales in 68 countries. Visit www.avnet.com/.

Contact:

Avnet Electronics Marketing
Sean Fanning, 480-643-7824
Sr. VP, Marketing & Communications, Worldwide

Multimedia Files:

Phil Gallagher, president, Avnet Electronics Marketing Americas.