Arrow Electronics names Germano Fanelli President, Arrow EMEASA

Arrow Electronics, Inc. (NYSE:ARW - News) today announced the appointment of Germano Fanelli to the position of President, Arrow Electronics EMEASA (Europe, Middle East, Africa and South America), effective January 1, 2004. In his new role, Mr. Fanelli will be responsible for Arrow's businesses throughout these regions, reporting directly to William E. Mitchell, Arrow's President and Chief Executive Officer. Mr. Fanelli joined Arrow in 1991 when the company purchased a controlling interest in Silverstar, one of Europe's leading distributors of electronics components in Italy. By 1996, his leadership responsibilities increased as he assumed the position of Managing Director for Arrow's Southern European region. "In his 12 years with Arrow, Germano has led the Southern European region to admirable levels of market share, revenue and profits, both through acquisitions and internal growth, and has overseen the development of its management team, information systems and distribution facilities," said Mr. Mitchell. "Germano is a well respected leader in the electronics industry, and I am confident that he will continue to drive successful results as he takes on this expanded responsibility." "I look forward to working closely with our talented regional leadership teams to build even greater levels of success in our businesses throughout Europe, the Middle East, Africa and South America," said Mr. Fanelli.Source: PCBnewsline