Avnet Names Michael Buseman Chief Global Logistics and Operations Officer
PHOENIX -- October 28, 2013
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.
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.
Brodeur Partners, for Avnet
Jamie Ernst, 480-308-0286
Joal Redmond, 480-643-5528
Vice President, Public Relations
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