PHILIP K. ASHERMAN - Corporate Board Profile

ARROW ELECTRONICS, INC.

Filing Date	Source Excerpt
2017-03-29	Philip K. Asherman, 66 director since 2010 Mr. Asherman has been President and Chief Executive Officer of Chicago Bridge & Iron Company ("CB&I") since 2006. He served as an Executive Vice President and Chief Marketing Officer of CB&I from 2001 to 2006 and Managing Director of CB&I from 2002 to 2006. Prior thereto, Mr. Asherman served in various executive positions with Fluor Corporation and its operating subsidiaries. He has more than 35 years of experience in the engineering and construction industry in a variety of project management, operations management, and sales and marketing roles. Committee memberships and chair assignments are reviewed annually by the Corporate Governance Committee, which makes appointment and chair recommendations to the Board. The Table below reflects committee memberships for calendar year 2016. Committee Name Independent Audit Compensation Corporate Governance Philip K. Asherman X M M The following Table shows the total dollar value of compensation received by all non-management directors in or in respect of 2016. Philip K. Asherman 80,000 150,000 300 230,300 Mr. Asherman deferred 100% of his retainer into the Non-Employee Director Deferred Compensation Plan.
2018-03-28	Philip K. Asherman, 67 director since 2010 Mr. Asherman was President, Chief Executive Officer and a director of Chicago Bridge & Iron Company ("CB&I") from 2006 until July 2017. He previously served as an Executive Vice President and Chief Marketing Officer of CB&I from 2001 to 2006 and Managing Director of CB&I from 2002 to 2006. Prior thereto, Mr. Asherman served in various executive positions with Fluor Corporation and its operating subsidiaries. He has more than 35 years of experience in the engineering and construction industry in a variety of project management, operations management, and sales and marketing roles. Committee memberships and chair assignments are reviewed annually by the Corporate Governance Committee, which makes appointment and chair recommendations to the Board. The Table below reflects committee memberships for calendar year 2017. Philip K. Asherman Independent: X Jan - May: M May - Dec: M Compensation Committee Chair Corporate Governance Committee Non-Management Director Compensation Philip K. Asherman Fees Earned($): 100,281 Stock Awards($): 150,000 Total ($): 250,281
2019-03-27	Philip K. Asherman, 68 director since 2010 Mr. Asherman was President, Chief Executive Officer and a director of Chicago Bridge & Iron Company (“CB&I”) from 2006 until July 2017. He previously served as an Executive Vice President and Chief Marketing Officer of CB&I from 2001 to 2006 and Managing Director of CB&I from 2002 to 2006. Prior thereto, Mr. Asherman served in various executive positions with Fluor Corporation and its operating subsidiaries. He has more than 35 years of experience in the engineering and construction industry in a variety of project management, operations management, and sales and marketing roles. Mr. Asherman has also had a number of expatriate assignments in Asia Pacific, Europe, and South America. He serves as a director of the Fletcher School at Tufts University, and is a member of the board of trustees of Converse College. He has been chosen to serve as a director of the Company because of his service as Chief Executive Officer of a multinational public company and his knowledge of international business. Mr. Asherman is considered an “audit committee financial expert” as the term is defined in Item 407(d) of Regulation S‑K. Committee memberships and chair assignments are reviewed annually by the Corporate Governance Committee, which makes appointment and chair recommendations to the Board. The table below reflects committee memberships for calendar year 2018. Committee Name Independent Audit Compensation Corporate Governance Philip K. Asherman X C M C= Chair M= Member The independent, non-management members of the Board (that is, all members except Mr. Long) receive the following fees in cash: Annual fee $ 100,000 Annual fee for service as Corporate Governance Committee Chair $ 10,000 Annual fee for service as Compensation or Audit Committee Chair $ 20,000 In addition to the cash fees, each non-management director receives an annual grant of RSUs valued at $150,000, based on the fair market value of Arrow common stock on the date of grant. Commencing in 2019, the annual grant of RSUs will increase to $175,000. Further, the Lead Director receives another annual award of RSUs valued at $30,000 in recognition of the additional responsibilities associated with such position. The following table shows the total dollar value of compensation received by all non-management directors in or in respect of 2018. Non-Management Director Compensation Name Fees Earned($)(1) Stock Awards($)(2) All OtherCompensation($)(3) Total ($) Philip K. Asherman 120,000 150,000 — 270,000