© Premier Farnell Components | June 19, 2018
Premier Farnell names new President
The distributor announces a change in leadership as Graham McBeth retires from his position as President of Premier Farnell.
Parent company, Avnet, introduced Chris Breslin, currently senior vice president for global products at Premier Farnell as McBeth’s replacement at its Investor Day event in New York City held on Thursday 14th June. Breslin will report to Pete Bartolotta, chief transformation officer at Avnet, as he leads the Premier Farnell business and continues to drive synergies with the Avnet organisation, a press release reads. McBeth took the helm at Premier Farnell when the business was acquired by Avnet in 2016 and has delivered double-digit growth and profitability under his leadership. Pete Bartolotta, Chief Transformation Officer for Avnet, said of Graham McBeth’s retirement: “Graham’s ability to lead an organization and get the very best out of his team shows, as the business results speak for themselves. Graham—thank you for the contributions you have made during your time at Avnet.” Bartolotta added, on Chris Breslin’s appointment “As Avnet and Premier Farnell continue to deliver on Avnet’s end-to-end ecosystem strategy, the strength of our senior leadership team remains one of our greatest assets, as evident by Chris’ appointment to lead Premier Farnell. He brings the experience, knowledge of the business and leadership style that will help Premier Farnell continue to grow.” Breslin joined Premier Farnell in July of 2014 as chief product officer, and during his tenure, globalised Premier Farnell’s asset and product organisation and improved the company’s customer proposition by adding several dozen new suppliers. Prior to Premier Farnell, Breslin spent five years as the chief operating officer for Crescent Electric Supply Company, one of the largest electrical wholesalers in North America. Breslin will assume the new position immediately and McBeth will stay with Premier Farnell until the end of July, allowing time for a thorough handover between the leaders.
COVID-19 highlights the gravity of the secondary market for SME Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
GlobalFoundries to implement ITAR at US manufacturing facility GlobalFoundries plans to implement export control security measures at its most advanced manufacturing facility, Fab 8, in Malta, New York.
Rebound Electronics expands in Asia The independent supplier of electronic components says it is investing to increase its market coverage in Asia with the opening of several new offices and setting up a customer service & telesales centre.
Samsung expands foundry capacity with new production line Samsung Electronics says that it plans to boost its foundry capacity at the company's new production line in Pyeongtaek, Korea, to meet growing global demand for extreme ultraviolet (EUV) solutions.
Super Dry Totech expands Long Term Storage Solutions offering The most recent development for Super Dry Totech, is the acquisition of a new building to expand on capacity & to minimise risk by assuring continuity should a disrupting incident occur in one of the facilities.
Ynvisible acquires electrochromic display company rdot Printed electronics specialist, Ynvisible Interactive, announces that it will acquire the printed electrochromic displays business of rdot AB of Gothenburg, Sweden.
Manz receives follow-up order for display production equipment Manz says it has received an order with a total volume in the low double-digit million euro range for display production equipment.
Aehr Receives initial order from new customer for FOX-NP solution Aehr Test Systems says it has received orders from a new customer and their subcontract manufacturing supplier for a FOX solution including a FOX-NP full wafer test system, an initial WaferPak Contactor, and a FOX WaferPak Aligner to perform production qualification of their silicon photonics devices.
AIM names new director of product management AIM Solder has appointed Timothy O’Neill to the position of Director of Product Management.
Seoul Semi files patent suit against automotive LED light distributor Seoul Semiconductor says it has filed a patent infringement lawsuit in the United States District Court for the District of New Jersey against Onyx Enterprise Int’l Corp., a distributor of automotive components.
X-FAB expands foundry offering for silicon-based microfluidics In order to address heightening demands, X-FAB Silicon Foundries SE, has taken steps to simplify the integration of microfluidic elements with CMOS and SOI dies.
Renesas withdraw from LD/PD business and close production Renesas has decided to withdraw from the laser diode (LD) and photo diode/detector (PD) businesses, and to close the production line at its Shiga Factory, which manufactures compound semiconductor products.
TSMC confirms its intention to build new US fab The Semiconductor giant has announced its intention to build and operate an advanced semiconductor fab in the United States with support from the US government and the state of Arizona.
Flisom to set up shop in Hungary The Swiss solar technology company chose Kecskemét, Hungary as the location for its plant of industrial capacity.
VRG Earns ISO 9001:2015 Certification VRG Components, an independent distributor of electronic components, have been awarded the ISO 9001:2015 certification.Load more news