Philip R. Gallagher has been the Chief Executive Officer of Avnet, Inc. since November 2020, after serving as interim CEO starting in August 2020. Before becoming CEO, he held various leadership positions within the company, accumulating over a decade of...
Philip R. Gallagher has been the Chief Executive Officer of Avnet, Inc. since November 2020, after serving as interim CEO starting in August 2020. Before becoming CEO, he held various leadership positions within the company, accumulating over a decade of experience at Avnet. His career highlights include roles such as President of Electronic Components and Global President of Technology Solutions. Gallagher rejoined Avnet in 2017 after a brief stint at TTI, where he was President of Americas Sales and Marketing. Under his leadership, Avnet focuses heavily on aligning executive compensation with company performance, rewarding growth through strong metrics. His total compensation in 2022 was an impressive $9.7 million, which reflects a significant cash bonus tied to company performance goals. Notably, Gallagher has actively managed Avnet’s performance-based incentives, shaping a strategy that emphasizes long-term shareholder value. His journey shows resilience and adaptability as he continues to drive Avnet’s growth in the tech distribution industry.