AI Prospecting for Arrow Electronics
Company data:
Company size:
22100 employeesWebsite URL:
https://www.arrow.comIndustry
Electronics DistributionHeadquarters:
9201 East Dry Creek Road, Centennial, CO 80112, USAInvestment round:
Publicly Traded (NYSE: ARW)ARR:
$37 billionKey stakeholders
These are the current top-level decision-makers at the company and their LinkedIn profiles. Check them for recent activity and updates
Latest news about Arrow Electronics
Here are some of the most recent media mentions. Use them in your sales prospecting to qualify a prospect's buyer intent and personalize outreach with the latest company updates
Arrow Electronics reported a 15% year-over-year sales decrease in the third quarter of 2024, with global components sales down 21% and enterprise computing solutions (ECS) sales up 7%. The company is implementing a multiyear restructuring plan to reduce operating expenses by $90-100 million by 2026, including job cuts and consolidating operations[1][2].
Arrow Electronics is reducing its global real estate footprint, enhancing warehouse and logistics operations, and investing in IT for automation as part of its multiyear restructuring plan. The plan includes pre-tax restructuring charges of about $185 million and aims to save $90-100 million in annual operating expenses by 2026[2].
Arrow Electronics is winding down certain non-core businesses and incurring pre-tax restructuring charges of about $185 million, including $110 million in employee severance and $50 million in non-cash asset impairments, as part of its multiyear plan to simplify operations and drive cost savings by 2026[2].
Open job positions at Arrow Electronics
This company is actively hiring to fill these roles. Use this for sales prospecting if your solution assists, augments, or provides an alternative for the growing team and position.
Senior Field Application Engineer
Credit & Collections Associate
Desktop Support Analyst II
