Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Arrow Electronics (ARW)

Arrow Electronics CEO Sean Kerins out; Bill Austen named interim CEO

Mixed Impact 4 of 5 leadership Written later

Arrow Electronics replaced Chief Executive Sean Kerins with director Bill Austen as interim President and CEO, effective September 16, 2025, and the Board is searching for a permanent CEO. The company also reaffirmed its third-quarter 2025 outlook from its July 31, 2025 release, but the filing gives no reason for the departure beyond stating it is unrelated to the financial statements.

Key points

  • Bill Austen, 66, a director since May 15, 2020, became interim President and CEO effective September 16, 2025, succeeding Sean Kerins.
  • Kerins receives no severance, forfeits unvested equity and cash incentive awards, and will be paid $61,000 per month for at least six months of transition assistance.
  • Austen stepped down as Chair of the Corporate Governance Committee and from the Compensation Committee, and the Board was reduced to nine members.
  • The company reaffirmed its third-quarter 2025 outlook, originally provided on July 31, 2025.

The filing

CompanyArrow Electronics (ARW)
Form8-K, current report
Filed with the SECSep 17, 2025, 5:23 PM ET
Accession number0001104659-25-090894

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 17, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.