ARROW ELECTRONICS INC (ARW)
Sector: Information Technology
Sector: Information Technology
ARROW ELECTRONICS INC - Executive Compensation
Interim President and Chief Executive Officer
Executive Compensation
William F. Austen serves as Interim President and Chief Executive Officer of Arrow Electronics Inc., a Fortune 500 global technology solutions provider, a role he assumed on September 26, 2024, following the departure of the previous CEO. With over 25 years at Arrow, Austen has been a pivotal leader in driving the company's growth and operational excellence. He joined Arrow in 1998 as Vice President of Operations for Europe and steadily advanced through key executive positions, including Senior Vice President and President of Global Supply Chain Services, where he spearheaded initiatives to enhance efficiency and resilience amid global disruptions like the COVID-19 pandemic. Under Austen's leadership as President of Global Components since 2021, Arrow's components business achieved record financial performance, including double-digit revenue growth and expanded market share in high-demand sectors such as automotive, aerospace, and industrial IoT. His strategic focus on supply chain optimization, digital transformation, and customer-centric solutions has positioned Arrow as a leader in the electronics distribution industry. Austen holds a Bachelor of Engineering in Electrical Engineering from the University of Limerick and an MBA from the Smurfit Graduate Business School at University College Dublin. As Interim President and CEO, Austen oversees Arrow's global operations, enterprise computing, and components businesses, guiding the company through a leadership transition while prioritizing sustainable growth, innovation, and shareholder value. His deep industry expertise and proven track record make him ideally suited to lead Arrow into its next phase of success.