William J. Amelio has had a dynamic career with leadership roles in several major companies before joining Avnet. He became CEO of Avnet in September 2016, after serving as Interim CEO starting in July of that year. Before that, he...
William J. Amelio has had a dynamic career with leadership roles in several major companies before joining Avnet. He became CEO of Avnet in September 2016, after serving as Interim CEO starting in July of that year. Before that, he held top positions at CHC Group and was CEO of Lenovo, guiding it during a crucial time for the company. Amelio has been part of Avnet since 2014 as a director, bringing a wealth of experience from his time at Dell and IBM, where he oversaw operations in Asia-Pacific. He's also known for his commitment to giving back, having founded a non-profit that focuses on education for children in Cambodia. Interestingly, under Amelio’s guidance, Avnet adopted a pay-for-performance principle in its compensation plans, showing a strong focus on linking executive pay to the company's financial success. This reflects his approach to leadership, emphasizing accountability and results. His recent compensation package in 2016 included a base salary of $1 million and a significant performance bonus, indicating the board's confidence in his abilities to drive Avnet's growth.