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Rick Hamada

Biography

Rick Hamada joined Avnet in 1983 and has a broad background in the technology industry, spanning from his early career as a technical specialist to leading a multi-billion dollar sales and marketing organization. He was named Avnet Chief Executive Officer in February 2011, effective July 4, 2011, and was concurrently elected to Avnet's Board of Directors He was named chief operating officer (COO) in July 2006 and was promoted to president and chief operating officer in May 2010. As COO, Mr. Hamada was instrumental in enhancing Avnet's performance- and values-based culture of excellence, while helping Avnet achieve superior results. Additionally, he spearheaded efforts to drive profitable growth through enterprise initiatives focused on operational excellence, employee engagement and customer engagement. As CEO, Mr. Hamada is responsible for the strategic direction of the company and overseeing day-to-day operations of the organization. He also leads the Avnet, Inc. Executive Board. He was elected a corporate vice president of Avnet, Inc. in December 1999 and was later promoted to senior vice president in 2002. Mr. Hamada served as global president of Avnet Technology Solutions, the operating group that was formed via the internal integration of two formerly independent business groups, Avnet Computer Marketing and Avnet Applied Computing, in July 2003. Avnet Technology Solutions grew from $4 billion at its inception to nearly $5 billion in revenue in 2006 and exceeded the return on capital employed (ROCE) goals set for the group. Before taking on leadership for Avnet Technology Solutions, Mr. Hamada was the global president of Avnet Computer Marketing and also held a series of management positions within Avnet, broadening his experience. When Mr. Hamada joined Hamilton/Avnet Electronics in 1983, he served as a technical specialist in San Diego. His career evolved to encompass sales and marketing roles with the company, including serving as a field sales representative, computer sales manager, sales unit director, regional sales manager, area vice president, and vice president of business development for Open Systems. He was the recipient of the Avnet Chairman's Award and was named three times to Computer Reseller News' "Top 25 Most Influential Channel Executives." In September 2012, he was named chairman of the Global Technology Distribution Council (GTDC), an industry consortium representing the world's leading IT distributors. Mr. Hamada holds a Bachelor of Science degree in Finance from San Diego State University, where in June 2009 he was named as a member of the advisory board of its College of Business Administration.