Arrow Electronics Inc. said Andrew Bryant will retire in April, only two years after his appointment as chief operating officer and confirming the company’s intention to position a cadre of younger executives to in future replace chairman, president and CEO Michael Long.
Bryant, 60, joined Arrow in 2008 and headed the company’s global enterprise computing solutions business prior to his appointment as COO, a spot that would normally have positioned him to succeed Long. However, Bryant is older than Long by about 3 years, and was moved up to the chief operating officer position in 2014 to oversee the heads of Arrow’s two business divisions.
Arrow said in a statement that Bryant would leave the company effective April 30. The company did not announce his replacement as COO, indicating Long intends to leave the position vacant for now while grooming his potential successor.
“Andy has been an instrumental part of driving the growth and success of Arrow, and further advancing our sales and marketing teams,” Long said in the statement. “He has been a valuable member of our leadership team, and we wish him all the best in his well-deserved retirement.”
Bryant assumed the position of COO in 2014 as part of the electronics components distributor and enterprise equipment solution services provider’s succession planning. In the job, he was charged with mentoring Sean Kerins and Andy King, the heads of Arrow’s two operating division. Kerins, president of the global enterprise computing solutions division, and King, president of Arrow global components business, will henceforth report directly to Long, the company said.
“Succession planning is an important aspect of Arrow’s success,” Long said. “We are grateful for the mentorship and guidance Andy has provided to Andy and Sean.”
King and Kerins are both relatively new to their positions. King, who is in his early 50s, was appointed president of Arrow’s components business last November while Kerins, 53, was named president of the enterprise computing business in May 2014.