Avnet (AVT) Appoints Ernest Maddock to Its Board

Avnet (NASDAQ: AVT) has appointed industry leader Ernest Maddock to the company's board of directors, effective immediately. Mr. Maddock will serve on the board’s Audit and Finance Committees.

Mr. Maddock brings extensive technology industry knowledge and financial experience. He retired from Micron Technology in 2018, having held the position of Chief Financial Officer and advisor. He previously served as CFO at Riverbed Technology (2013-2015) and LAM Research Corporation (2008-2013). In addition, he held various financial and accounting positions throughout his 40-plus year career, including with NCR Corp. and Lockheed Martin.

“Ernie brings expertise from a long-established financial career in the technology industry, and is a welcome addition to our board as we continue strengthening our corporate governance,” said Rodney C. Adkins, chairman of the board of Avnet. "We look forward to his added guidance as Avnet further grows our global business in our Centennial year and beyond.”

Mr. Maddock serves on the board of Ultra Clean Holdings, Inc., a developer and supplier of critical subsystems for the semiconductor capital equipment industry focusing on gas delivery systems.

He holds an MBA from Georgia State University and a bachelor’s in industrial management from the Georgia Institute of Technology.

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