Who We Are:

We are Newark, an Avnet Company, part of Farnell Global, the fast and reliable distributor of products and technology for electronic and industrial system design, maintenance, and repair. From research and design through prototype to production, we are here to help you access the products and services you need 24/7. With more than 80 years of experience, 47 localized websites, and a dedicated team of over 3,500 employees, we provide every component you need to build the technology of tomorrow.

Farnell Global trades as Farnell in Europe, Newark in North America, and element14 throughout Asia Pacific. We also sell direct to consumers through a network of resellers, and our CPC business in the UK.

We have been part of the established global technology distributor, Avnet, since 2016. Today, this relationship allows us to support our customers at every stage of the product life cycle, offering a truly unique distribution model, as well as expertise in end-to-end delivery and product design.

Job Summary:

The Product Segment Management has accountability and owns the strategic management of a specific product technology to achieve sales, margin, asset management and market share KPI’s while driving key supplier and customer satisfaction. The role has end-to-end responsibility for a dedicated Product Segment, across the entire North American Region.

Principal Responsibilities:

Accountable for creating and driving the overall product strategy to achieve the defined sales, margin, asset management and market share KPI’s
Manages the product range - managing the portfolio of products throughout their life cycle – e.g. new technology and franchise negotiations and introductions, product range extensions, inventory depth decisions and exiting end of life products
Manages the full relationship and business development plans (including review meetings and industry events) within the product business unit to help achieve defined KPI’s/commercial terms.
Potential to lead the strategic relationship with suppliers that sit across several business units.
Accountable for the commercial and contractual supplier terms
Accountable for both the buy and sell price aspects of the product business unit to deliver margin growth and price sustainability.
Manages the overall inventory health : including budgets, influencing turns, line fill and provision & excess to achieve the defined KPI’s
Partners with stakeholders to ensure all marketing programs are planned and executed on time, Product strategy is communicated and training provided to sales teams and strategic e-commerce plans developed
Provides market insights and knowledge to influence the success of the business unit and wider company, including new suppliers, technology trends, and changes in customer demand within assigned portfolio including supplier market share data.
Administration of assigned products throughout their life cycle. Including; system maintenance, ensuring products are in the optimum saleable position, PDD co-ordination, product maintenance / housekeeping and ad-hoc analytics
Accountable for resolving customer issues including liaising with suppliers in multiple time-zones to resolve issues in a timely manner
Cooperate with commercial marketing and suppliers to provide content for agreed marketing activities.

Job Level Specifications:

Extensive knowledge and application of principles, theories and concepts. Complete knowledge of all job functions and the broad industry best practices, techniques and standards.
Develops solutions to complex problems where analysis of situations and/or data requires in-depth evaluation of variables. Determine best approach to achieve results and provide suggestions to improve policies and procedures.
Work is performed independently and requires the exercise of judgment and discretion. Exercises considerable latitude in determining objectives and approaches to assignments. Work may be reviewed at a high-level.
May represent the organization as primary contact on assignments and/or projects. Interacts with senior professionals and management and frequently coordinates work between departments or organizations.
Actions may impact the organization. Failure to accomplish work will result in the inability to reach crucial organizational goals. Erroneous decisions may have a prolonged effect resulting in the expenditure of substantial resources.

Work Experience:

Typically 5+ years with bachelor's degree or equivalent.

Education and Certification(s):

Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.

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What We Offer:

Our employees work hard to live our values and help us grow. Our total rewards strategy supports Avnet’s ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment. We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.

Generous Paid Time Off
401K and Pension Plan
Paid Holidays
Family Support (Paid Leave, Surrogacy, Adoption)
Medical, Dental, Vision, and Life Insurance
Long-term and Short-term Disability Insurance
Health Savings Account / Flexible Spending Account
Education Assistance
Employee Development Resources
Employee Wellness, Leadership Development and Mentorship Programs

Benefits listed above may vary depending on the nature of your employment with Avnet.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law. This policy of non-discrimination also applies to religious dress and grooming practices. Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at (888) 994-7669.

About the company

Avnet distributes electronic components and IT solutions to customers worldwide. It sources parts from suppliers and provides services such as design-in support, supply chain management, logistics, and systems integration to help bring products to market. The company differentiates itself through a long history, broad supplier and customer networks, and a global footprint that enables end-to-end distribution and value-added services at scale. Its goal is to help technology makers move from idea to product quickly and reliably with a comprehensive, globally integrated platform.

Company Size

10,001+

Company Stage

IPO

Headquarters

Tempe, Arizona

Founded

1921

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Simplify's Take

What believers are saying

Fiscal 2026 sales rose 24.5% to $27.63 billion, with net income up 39.2%.
Fourth-quarter 2026 sales hit $8.3 billion, up 48%, driven by AI infrastructure.
August 2026 notes and share repurchases strengthened liquidity while refinancing short-term borrowings.

What critics are saying

Farnell restructuring and Germany's 350-employee closure run through third quarter 2027.
Avnet disclosed pending legal matters and investigations; undisclosed compliance issues can escalate quickly.
Margin depends on memory pricing and AI demand; a cycle reversal hits 2027 earnings.

What makes Avnet unique

Avnet pairs global distribution with design-in engineering through Avnet Silica and element14.
The 2026 EMUS Lab with HKU links research, prototyping, and supply chain execution.
Its 48-country footprint and 15,040 employees support sourcing, logistics, and local technical sales.

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Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Family Planning Benefits

Company News

MarketBeat

Oct 28th, 2026

Avnet (NASDAQ:AVT) shares gap up - Here's what happened.

Avnet (NASDAQ:AVT) shares gap up - Here's what happened. October 28, 2026 Key points. * Avnet shares opened sharply higher, rising from a previous close of $89.65 to $94.29 before last trading near $92.68. The company has a "Moderate Buy" consensus rating and an average analyst price target of $93.25. * Avnet reported quarterly earnings of $2.28 per share, beating estimates of $1.80, while revenue reached $8.30 billion and increased 47.7% year over year. Management also issued Q1 2027 EPS guidance of $2.80-$2.90. * The company increased its quarterly dividend to $0.37 per share, representing a 1.6% yield. Meanwhile, CEO Philip Gallagher and SVP Michael Ryan McCoy sold significant portions of their holdings, and institutional investors own 95.78% of the stock. * Interested in Avnet? Here are five stocks we like better. Avnet, Inc. (NASDAQ:AVT - Get Free Report) shares gapped up prior to trading on Wednesday. The stock had previously closed at $89.65, but opened at $94.29. Avnet shares last traded at $92.6750, with a volume of 24,631 shares trading hands. Analyst upgrades and downgrades. Several equities research analysts recently weighed in on the company. Weiss Ratings raised Avnet from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 9th. Wells Fargo & Company increased their price objective on Avnet from $70.00 to $72.00 and gave the stock an "underweight" rating in a report on Monday, July 20th. Truist Financial raised their price objective on Avnet from $95.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Wall Street Zen upgraded shares of Avnet from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 17th. Finally, Zacks Research cut shares of Avnet from a "strong-buy" rating to a "hold" rating in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Avnet currently has a consensus rating of "Moderate Buy" and an average target price of $93.25. Avnet stock down 0.8%. The firm has a market capitalization of $7.58 billion, a P/E ratio of 23.07 and a beta of 1.06. The company has a fifty day simple moving average of $94.68 and a 200 day simple moving average of $80.12. Discover more Stock Market News Stock Market Holidays Track Stock Market Avnet (NASDAQ:AVT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.28 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.48. The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.56 billion. Avnet's revenue was up 47.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 earnings per share. Avnet has set its Q1 2027 guidance at 2.800-2.900 EPS. As a group, equities analysts expect that Avnet, Inc. will post 10.45 earnings per share for the current fiscal year. Avnet increases dividend. The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th were given a dividend of $0.37 per share. This is a positive change from Avnet's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.48 annualized dividend and a yield of 1.6%. Avnet's payout ratio is currently 37.09%. Insider activity. In other news, CEO Philip Gallagher sold 51,900 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $98.46, for a total transaction of $5,110,074.00. Following the sale, the chief executive officer owned 168,923 shares in the company, valued at $16,632,158.58. This represents a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Michael Ryan Mccoy sold 32,052 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $91.10, for a total transaction of $2,919,937.20. Following the sale, the senior vice president directly owned 76,674 shares of the company's stock, valued at $6,985,001.40. This trade represents a 29.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by insiders. Hedge funds weigh in on Avnet. Hedge funds have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Avnet during the 2nd quarter valued at $25,000. State of Wyoming purchased a new stake in shares of Avnet during the second quarter valued at $37,000. Summit Securities Group LLC boosted its position in shares of Avnet by 32.1% during the first quarter. Summit Securities Group LLC now owns 765 shares of the company's stock valued at $47,000 after buying an additional 186 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Avnet by 38.5% during the second quarter. Elevation Wealth Partners LLC now owns 666 shares of the company's stock valued at $59,000 after buying an additional 185 shares during the last quarter. Finally, Reyes Financial Architecture Inc. bought a new stake in Avnet in the 3rd quarter worth about $69,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors. Avnet company profile. Avnet, Inc is a global technology distributor that helps manufacturers and design engineers source electronic components and develop products. The company supplies semiconductors, embedded processors, memory, connectivity products, sensors, power-management components and other electronic parts used in industrial, automotive, communications, computing, aerospace and defense applications. In addition to component distribution, Avnet provides engineering and design services, supply-chain management, product customization, logistics, and technical support. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Avnet, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avnet wasn't on the list. While Avnet currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain - combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list. Continue following MarketBeat

Kalkine Media

Oct 15th, 2026

Avnet raises credit facility by $1B to $2.75B and drops SOFR spread adjustment

Avnet has raised its credit facility by $1 billion to $2.75 billion, the company said in a Form 8-K filed with the US Securities and Exchange Commission (SEC) on October 15, 2026. The change came through Amendment No. 3 to its Third Amended and Restated Credit Agreement, signed on October 13, 2026. Bank of America, N.A. is the administrative agent. The amendment also lifts the maximum additional commitments available to Avnet to $1 billion. It removes the SOFR credit spread adjustment from the interest rate. Other terms remain substantially the same as under the previous agreement, which is dated January 17, 2025.

Electronics Weekly

Sep 21st, 2026

Avnet Silica signs LEM.

Avnet Silica signs LEM. Avnet Silica has signed a distribution agreement with LEM, a global provider of current and voltage measurement products. Under the agreement, Avnet Silica will offer LEM's portfolio of PCB-mounted and module-mounted current sensors, covering currents from below 1 A up to 42 kA, voltage sensors for applications up to 6.4 kV, and Rogowski coil solutions for grid monitoring and instrumentatio LEM provides a range of galvanically isolated sensing technologies for high-current and high-voltage applications, supporting precise system control, fault and overload detection, and energy management. Backed by Avnet Silica's technical sales and FAE network, customers across the EMEA region will benefit from wider access to LEM's sensing portfolio and technical support throughout the design-in process, helping them progress projects more quickly. LEM's sensing solutions are designed for applications across automotive, e-mobility and EV charging, data centres, energy, industrial automation and smart infrastructure. "Through partnering with LEM, as a leading name in electronic sensing solutions, we are expanding our capabilities to support engineers in developing in advanced power systems," said Thomas Foj, Vice President Supplier Management, Solutions & Digitalization EMEA, Avnet Silica. "LEM's technologies complement our semiconductor and power discretes, portfolio as well as our system-level power expertise, including our Powering the Shift initiative. Together, we can offer customers a broader range of technologies and practical design in support, helping them address the increasing demands for energy efficiency, system reliability and smarter power management." Philippe Rangheard, Head of Distribution EMEA, LEM commented: "We selected Avnet Silica because of its strong analogue and power technical sales organisation, extensive customer reach, and proven design-in expertise. This partnership enhances our ability to support customers across Europe with innovative current and voltage sensing solutions for electrification, energy management, and industrial applications. We look forward to creating new opportunities together and delivering greater value to our customers." David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site's most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics. Don't miss out on EW Newsletters. Get its news, blogs and comments straight to your inbox! Sign up for the Electronics Weekly newsletters: Mannerisms, Gadget Master and the Daily and Weekly roundups. Tune into EW's CHIIPS Podcast. The excellent Electronics Weekly podcast, CHIIPS, is brought to you by its editor Caroline Hayes. Hear interesting insights from a range of industry figures. Catch all the episodes" * Latest * Comments

PR Newswire

Sep 17th, 2026

Avnet and University of Hong Kong open EMUS Lab to accelerate AI hardware commercialization

Avnet and The University of Hong Kong have opened the Emerging Microelectronics and Ubiquitous Systems Lab (EMUS Lab) in Hong Kong. The innovation hub aims to accelerate AI hardware commercialisation by connecting research, engineering expertise and supply chain capabilities. Located at Tseung Kwan O InnoPark, EMUS Lab focuses on edge AI, physical AI, robotics and high-performance computing. It provides innovators with engineering consultation, GPU computing resources and prototyping support to transform ideas into market-ready products. The lab has launched the DfMA Launchpad for AI MMP Programme, a 12-month co-incubation initiative supporting AI startups. The programme has attracted 27 startup teams, combining Avnet's supply chain expertise with EMUS Lab's research infrastructure and support from Hong Kong Science and Technology Parks Corporation.

Semiconductor for You

Sep 9th, 2026

Avnet Silica to showcase intelligent, connected systems from device to cloud at SIDO 2026.

Avnet Silica to showcase intelligent, connected systems from device to cloud at SIDO 2026. A diverse range of interactive use cases to display how hardware, software and connectivity technologies accelerate next-generation embedded and IoT applications. Brussels, Belgium, 9th September 2026 - Avnet Silica, an Avnet company (NASDAQ: AVT), today announced details of its presence at SIDO 2026. Taking place at La Cité Internationale de Lyon between 16th and 17th September, the leading business event will bring together technology innovators, system architects, and industrial decision makers from the worlds of AI, extended reality (XR), IoT, and robotics. At Booth E313, Avnet Silica and Farnell Electronics will showcase technologies focused on connected systems, wireless and embedded connectivity, cybersecurity, secure device design, edge intelligence, industrial AI, and vision processing. A team of the company's technical specialists will be available on the stand, hosting demonstrations developed with technology partners: AMD, BICS, DEEPX, Engicam, Kontron, Micron, Microsoft, Nordic Semiconductor, NXP Semiconductors, Renesas, TIANMA, and Tria. Key demonstrations will include: * AI in Action: Demonstrating a hybrid acceleration architecture tuned for camera-based workloads to enhance performance per watt without increasing system complexity in vision AI applications. * AI on the Edge: Running edge AI with Windows 11 IoT Enterprise LTSC 2024 across x86 and ARM platforms, without a dedicated AI accelerator. * Edge AI Innovation: Comparing real-time processing performance and power consumption across the hardware's CPU, GPU and NPU engines using a live video feed. * High-Reliability Industrial Displays: Demonstrating seamless touch integration, durability and long-term reliability in advanced display technologies for demanding automotive, industrial and medical environments. * Live Multi-Model Vision AI Kit: Highlighting real-time edge computer vision capabilities using an onboard 12 MP MIPI-CSI camera to perform multi-model AI analysis. * Security: Demonstrating hardware-rooted security and provisioning architectures designed to support alignment with Cyber Resilience Act (CRA) requirements. * Wireless & Embedded: Supporting scalable, distributed IoT deployments through LTE Cat-1bis connectivity with SGP.32 eSIM for industrial-grade wireless connectivity. Avnet Silica at SIDO 2026 "Together with our leading partners and suppliers, we look forward to welcoming visitors to this year's SIDO exhibition to exchange ideas and discuss their design challenges," said Vincent Levigoureux, Country Director - France, Avnet Silica. "With demonstrations spanning AI, connectivity, cybersecurity, edge computing and robotics, our team will be available to help engineers explore how they can move from early design decisions to scalable, real-world systems and solutions." For additional information and registration for a complimentary visitor pass, please visit this link.

Avnet

Product Segment Leader

About the job