Michael J. Long has been a key figure at Arrow Electronics since 1991, becoming the CEO in 2009. He has seen the company transform over the years, emphasizing performance-based growth. As CEO, he focused heavily on aligning executive pay with...

Number of Employees

22.1K

Year

2022

Total Compensation

$1.31M

Salary

$1.13M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022 as he transitioned to Executive Chair.

Other

$180.74K

Board Justification

Includes 401(k) contributions and personal air travel expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2022 as he transitioned to Executive Chair.

Performance Metrics

Compensation is based on achieving financial (Absolute EPS) and strategic ESG goals.

SEC Filing

From April 5, 2023