New ceo for Arrow

1 min read

Arrow Electronics has announced the appointment of Michael J Long as chief executive officer.

Long's term with Arrow began in 1991 and he has held the positions of president, chief operating officer and director. Long succeeds William E Mitchell, who has served as ceo since March 2003. Mitchell will serve as executive chairman until the December 2009. Long said: "Bill's leadership has provided a strong foundation for exciting long term growth opportunities for Arrow. As a result, our disciplined financial strategy and solid market position are competitive advantages and we will continue to drive increasing value for customers, suppliers, shareholders and our employees." "We are committed to creating profitable, sustainable growth by entering new geographies and markets, and by expanding our products, services and solutions to ensure we touch every critical market and technology," continued Long. "I am honoured to be leading Arrow's outstanding team, and I look forward to working with our talented and dedicated global employees to continue to build a strong future for the company."