Philip R. Gallagher
Chief Executive Officer
Executive
5 yr
4 reports
Avnet, Inc. ·AVT
Two operating groups led functionally from a lean corporate core
Wholesalers · Fortune #181 · Functional structure · 15K employees · Phoenix, AZ
View as of:
4
CEO span
↓ tighter than peers (avg 10)
4
Avg span
moderate
2
Max depth
2 levels
5.5 yr
Avg tenure
stable vs FY2024
0%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-06-28 · 10-K
Revenue
$22.2B
Operating income
$514M
Net income
$240M
Total assets
$12.1B
Shares out
83M
Sourced from Avnet, Inc. DEF 14A · filed 2025-10-07 ↗ View on SEC
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Avnet, Inc. organizational chart
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Two operating groups sit beneath a lean corporate C‑suite, with only four executives reporting directly to the CEO. This page maps Avnet’s functional structure, executive team, governance context, and peer comparisons for analysts and researchers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Kenneth A. Jacobson joined as Chief Financial Officer
Appointed CFO effective August 30, 2022; continues in role through FY2025.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO to consolidate oversight of the two operating groups and reduce CEO operational load.
- Add Chief AI Officer Create a Chief AI Officer role to centralize data, analytics, and AI initiatives across operating groups.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Kenneth A. Jacobson
Chief Financial Officer
Finance
3 yr
0 reports
Ken E. Arnold
Senior Vice President, Chief People Officer
Human Resources
6 yr
0 reports
Leng Jin (Max) Chan
Senior Vice President, Chief Information Officer
Information Technology
5 yr
0 reports
Michael R. McCoy
Senior Vice President, General Counsel and Chief Legal Officer
Legal
8 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Philip R. Gallagher $9.9M
- Base salary
- $1.20M
- Stock awards
- $7.31M
- Pension change
- $37K
- Other
- $52K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Kenneth A. Jacobson $3.0M
- Base salary
- $675K
- Stock awards
- $1.79M
- Pension change
- $46K
- Other
- $28K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×CEO base salary
3×NEO base salary
5×Director cash retainer
Stock ownership guidelines expressed as multiples of base salary or cash retainer.
The businesses
How Avnet, Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
800 employees
Chief Financial Officer (Kenneth A. Jacobson)
Oversees financial reporting, capital structure, treasury, and investor relations.
Human Resources
300 employees
Chief People Officer (Ken E. Arnold)
Leads talent management, compensation, culture, and organizational development.
Information Technology
600 employees
Chief Information Officer (Max Chan)
Manages enterprise systems, cybersecurity, and digital infrastructure.
Legal & Compliance
150 employees
Chief Legal Officer (Michael R. McCoy)
Responsible for legal affairs, compliance, ethics, and governance.
The thesis
Why this org is unusual
Two operating groups led functionally from a lean corporate core.
Avnet’s structure centers on a small CEO span of control, with only four named corporate officers reporting directly to the CEO. Unlike peers that elevate business unit CEOs to the top team, Avnet keeps operating groups (Electronic Components and Farnell) managed below the C‑suite, reinforcing centralized functional control.
This functional emphasis is evident in the prominence of finance, people, IT, and legal leadership, all reporting directly to the CEO. The model supports scale efficiencies and governance consistency across regions, but it limits explicit P&L ownership at the top level compared with more divisional distributors.
The result is a relatively flat, conservative leadership design that prioritizes control and risk management over autonomy for operating units.
- No disclosed COO
- Operating groups not represented in C-suite
The comparison
How Avnet, Inc. stacks up
Compared with Arrow Electronics and TD SYNNEX, Avnet maintains a smaller C‑suite and fewer direct CEO reports. Peers often elevate regional or business presidents to C‑suite roles, increasing CEO span but clarifying P&L accountability. Avnet’s approach is closer to Insight Enterprises, which also favors centralized …
C-suite size
Reporting depth
Avnet, Inc.
2 levels
4 levels
5 levels
4 levels
ScanSource
4 levels
Avg C-suite tenure
Has COO / Has CAIO
Avnet, Inc. — no COO — no CAIO
ScanSource ✓ COO — no CAIO
Current signals
What changed recently
The most significant recent change was the earlier CFO transition, with leadership otherwise stable through FY2025.
- newKenneth A. Jacobson Chief Financial Officer
Appointed CFO effective August 30, 2022; continues in role through FY2025.
Source - Date not confirmed reorgAvnet Leadership Team Sustainability governance
Sustainability oversight formalized under Corporate Governance Committee and Avnet Leadership Team in FY2024.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2025-10-07
- CEO
- Philip R. Gallagher
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 5.5 yr
Stable, functionally oriented executive team with no operating presidents in the C-suite.
Named executive officers (5)
- Philip R. Gallagher - CEO since 2020
- Kenneth A. Jacobson - CFO since 2022
- Ken E. Arnold - Chief People Officer since 2019
- Max Chan - CIO since 2021
- Michael R. McCoy - Chief Legal Officer since 2017
FY2024
DEF 14A filed 2024-10-08
- CEO
- Philip R. Gallagher
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 5 yr
No structural changes; continued functional emphasis.
Named executive officers (5)
- Philip R. Gallagher - CEO since 2020
- Kenneth A. Jacobson - CFO since 2022
- Ken E. Arnold - Chief People Officer since 2019
- Max Chan - CIO since 2021
- Michael R. McCoy - Chief Legal Officer since 2017
FY2023
DEF 14A filed 2023-10-10
- CEO
- Philip R. Gallagher
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 4.5 yr
Post-CFO transition year with otherwise unchanged leadership.
Named executive officers (5)
- Philip R. Gallagher - CEO since 2020
- Kenneth A. Jacobson - CFO since 2022
- Ken E. Arnold - Chief People Officer since 2019
- Max Chan - CIO since 2021
- Michael R. McCoy - Chief Legal Officer since 2017
Year-over-year changes
Leadership roles remained constant, with incremental governance enhancements around sustainability.
- Avg tenure: 4.5 → 5 yr
- reorg Avnet Leadership Team - Sustainability oversight (DEF 14A, Oct 2024)
No executive turnover; tenure increased across the stable C-suite.
- Avg tenure: 5 → 5.5 yr
The board
Board of directors
3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.
Rodney C. Adkins
Chair Independent
President, 3RAM Group LLC
Brenda L. Freeman
Independent
Founder, Joyeux Advisory Group
Philip R. Gallagher
Inside
CEO, Avnet, Inc.
The board, organized
Board committees
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent
- Rodney C. Adkins Chair
- Brenda L. Freeman
Compensation and Leadership Development Committee
100% independent
- Brenda L. Freeman
Frequently Asked Questions
Who is the CEO of Avnet?
Philip R. Gallagher has served as Avnet’s CEO since 2020.
What type of organizational structure does Avnet use?
Avnet uses a primarily functional structure with centralized corporate leadership.
How many direct reports does Avnet's CEO have?
The CEO has four direct reports: the CFO, Chief People Officer, CIO, and Chief Legal Officer.
How has Avnet's leadership changed recently?
Leadership has been stable, with the most recent major change being the CFO appointment in 2022.
Does Avnet have a COO?
No, Avnet does not currently disclose a Chief Operating Officer role.
Sources
- 8-K Filing, Aug 2022
- DEF 14A, Oct 2024
- SEC EDGAR: Avnet, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Avnet, Inc. 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Avnet, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/avnet/MLA 9th
"Avnet, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/avnet/. Accessed .Chicago 17
Creately. "Avnet, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/avnet/.Original SEC source View on SEC ↗
Avnet, Inc.. DEF 14A. Filed 2025-10-07. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/8858/000110465925097498/tm2516396-1_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/avnet/ · last updated 2026-04-01