Avnet (NASDAQ: AVT),
a leading global technology company, today announced that Oleg Khaykin
has been appointed to the company's board of directors. He will also
serve on the audit committee and the corporate governance committee.
Khaykin is currently president and CEO of Viavi
Solutions, Inc., a provider of network and service enablement
solutions. He is also a member of their board of directors. He joined
Viavi in February 2016.
"Oleg’s extensive experience in the semiconductor industry and with
technology companies makes him an ideal addition,” said William
H. Schumann III, chairman of the board of Avnet, Inc. "Oleg is a
well-respected leader who will bring valuable insights to the Avnet
board as we continue to guide the company for future growth.”
Prior to joining Viavi, Khaykin served as a senior advisor at Silver
Lake Partners. Previously he had served as president and CEO, and as a
member of the board of directors, at International Rectifier, a world
leader in power management technology, from 2008 until its acquisition
by Infineon AG in 2015. During his tenure, he successfully turned around
the company and transformed it into the world leader in power
semiconductors.
Khaykin has also served as Chief Operating Officer of Amkor Technology,
Inc., a provider of semiconductor assembly and test services, and vice
president of strategy and business development at Conexant Systems, Inc.
and Mindspeed Technologies, Inc. He was previously a member of the board
of directors of Newport Corporation until its acquisition by MKS
Instruments (2010-2016) and Zarlink Semiconductor, Inc. (2007-2011). His
extensive operational experience and strategic leadership at other
technology companies makes him an ideal executive to serve on the board
of directors for Avnet.
“I am pleased to be joining the Avnet board of directors as I have known
Avnet for many years and have worked with the company as both a customer
and as a supplier,” said Khaykin. “I look forward to contributing to the
company in support of its transformation strategy and continued growth.”
Khaykin holds an MBA from Northwestern University’s J.L. Kellogg
Graduate School of Management and a Bachelor of Science in Electrical
Engineering (BSEE) with High University Honors from Carnegie-Mellon. He
also currently serves on the Board
of Directors of Marvell Semiconductors.
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About Avnet
From idea to design and from prototype to production, Avnet supports
customers at each stage of a product’s lifecycle. A comprehensive
portfolio of design and supply chain services makes Avnet the go-to
guide for innovators who set the pace for technological change. For
nearly a century, Avnet has helped its customers and suppliers around
the world realize the transformative possibilities of technology. Learn
more about Avnet at www.avnet.com.
(AVT_IR)
Investor Relations Contact
Avnet
Vincent Keenan, 480-643-7053
Investor Relations
investorrelations@avnet.com
or
Media Contacts
Avnet
Maureen O’Leary, 480-643-7499
Maureen.OLeary@avnet.com
or
Brodeur Partners
Jamie Ernst, 480-308-0286
jernst@brodeur.com