Promotes top ranking staff
Avnet has re-shuffled its senior management.
The distributor has announced that it has promoted chief global logistics and operations officer, Gerry Fay, to the role of vice president. In addition, Mike McCoy, associate general counsel, was elected to the corporate officer position of assistant secretary.
The company has said the moves “recognise the contributions these executives are making to Avnet through their leadership and day-to-day activities.”
Gerry Fay, a member of the Avnet Executive Board and the Global Executive Council, is responsible for global warehousing, semiconductor programming, computer and integration centre services and operations, and enterprise-wide risk mitigation.
Fay joined Avnet in 2005 with the company’s acquisition of electronic component distributor Memec, where he was president of the Americas region. Previously, he held numerous strategic roles, including chief operations officer for Memec’s supply-chain and logistics group and chief operating officer for ATLAS Services, a division of VEBA Electronics.
Mike McCoy joined Avnet in December 2010 and is responsible for providing counsel on corporate governance, securities law and capital market transactions. In addition, McCoy is said to support a global entity management and helps with Avnet’s mergers and acquisition program.
Prior to joining Avnet, McCoy worked at the international law firm Greenberg Traurig LLP and was previously an attorney in the Division of Corporation Finance at the US Securities and Exchange Commission.