Avnet (Nasdaq: AVT) has announced the appointment of Virginia “Ginnie” Henkels and Helmut Gassel to its Board of Directors, effective immediately. Both appointees will initially serve on Avnet’s Audit Committee. Ginnie Henkels brings with her an extensive background in finance and accounting leadership, having served as Chief Financial Officer of Empowerment & Inclusion Capital I Corp. from 2020 to 2023, and previously as CFO at Swift Transportation for nine years (2008 to 2017). She has also held various finance and accounting positions throughout her 34-year career with Swift and Honeywell International. Since 2017, she has served on the boards of LCI Industries and Viad Corporation.
On the other hand, Dr. Helmut Gassel has been a leader in the semiconductor industry for nearly 30 years and currently serves on the Board of Nordic Semiconductor. He is also a Co-Founder and Partner of Silian Partners, an advisory group of industry senior executives. His previous roles include serving in various leadership positions at Infineon Technologies, including Management Board member and Chief Marketing Officer from 2016 to 2022, and as a Division President from 2008 to 2016.
The press release did not contain specific financial metrics or performance changes since the last period. As a result of these announcements, the company's shares have moved 2.4% on the market, and are now trading at a price of $54.58. If you want to know more, read the company's complete 8-K report here.
