Arrow Electronics Inc. has issued an amendment to its recent Form 8-K, clarifying details regarding the appointment of William ("Bill") Austen as Interim President and CEO effective September 16, 2025. The correction confirms Mr. Austen's annual base salary of $1,200,000 and a one-time restricted stock unit grant valued at $3,600,000, vesting after one year of service. The filing also notes that Mr. Austen will receive relocation assistance for business-related travel to company headquarters.
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