Avnet,
Inc. (NYSE: AVT),
a leading global technology distributor, today announced that it has
named Michael Buseman as chief global logistics and operations officer
effective November 1, 2013. As announced in July, Avnet’s current global
logistics and operations officer, Gerry Fay, was promoted to global
president for Avnet Electronics Marketing. Buseman was selected to
succeed Fay based on a strong background of more than 25 years of
experience in the electronics industry. Having begun his career as a
process and manufacturing engineer, Buseman is an accomplished operating
and supply chain executive with global experience managing manufacturing
and warehouse operations in the electronics manufacturing systems (EMS)
provider space.
“With his experience in the fast-paced and highly competitive EMS
industry that our Avnet Electronics Marketing operating group serves,
Mike brings a very relevant and valuable perspective into our business,”
said Avnet CEO Rick Hamada. “Mike is a high-energy executive with a
focus on providing outstanding service that results in high customer
engagement. Combined with his strong track record of success while
building strong, high performance teams, I am confident Mike is an
excellent choice for Avnet to further strengthen and leverage our global
logistics and operations capabilities. I believe he will be a great
addition to our senior executive team.”
Buseman joins Avnet from Plexus Corp, where he was executive vice
president of global manufacturing operations. In this role, he ensured
operational, fiscal and customer service execution, continuous
improvement of performance metrics, allocation of capital, and
integration of global operations. Buseman joined Plexus in 2006 as vice
president of global technology, quality and facilities. Prior to Plexus,
he was vice president and general manager of operations for contract
manufacturer Celestica. He joined Celestica through its 2002 acquisition
of Manufacturers’ Services Ltd, where he was director of operations,
engineering and technology. He holds a Master of Business Administration
from the College of St. Thomas, and a Bachelor of Science degree in
Mechanical Engineering from South Dakota State University.
As Avnet’s chief global logistics and operations officer, Buseman will
be responsible for global warehousing, semiconductor programming,
computer and integration center services, operations and global trade
compliance. He will report to Hamada and be a member of the Avnet
Executive Board.
“Avnet is a dynamic leader in global technology distribution with a
strong culture of operational excellence and performance that includes a
commitment to delivering an unparalleled customer experience. I look
forward to applying my industry knowledge, and operating and supply
chain experience, to build on this culture and deliver on our promise to
accelerate success for our customers and suppliers,” stated Buseman.
To help ensure a smooth and seamless transition, Fay will serve in an
advisory capacity to Buseman over the next several weeks.
About Avnet
Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest
distributors of electronic components, computer products and embedded
technology serving customers globally. Avnet accelerates its partners'
success by connecting the world's leading technology suppliers with a
broad base of customers by providing cost-effective, value-added
services and solutions. For the fiscal year ended June 29, 2013, Avnet
generated revenue of $25.5 billion. For more information, visit www.avnet.com.
Copyright Business Wire 2013