RICHARD S. HILL - Corporate Board Profile

ARROW ELECTRONICS, INC.

Filing Date	Source Excerpt
2017-03-29	Richard S. Hill, 65 director since 2006 Mr. Hill was Chief Executive Officer and Chairman of the Board of Novellus Systems, Inc., a maker of devices used in the manufacture of advanced integrated circuits, from 2006 until it was acquired by Lam Research Corporation in June 2012. He is currently the Chairman of the Board of Marvell Technology Group Ltd. He is also the Chairman of the Board of Tessera Technologies, Inc. and served as its interim Chief Executive Officer from April 15, 2013 until May 29, 2013. Mr. Hill is the lead director of Cabot Microelectronics Corporation and a director of Autodesk, Inc. Mr. Hill is a director of Yahoo! Inc., but has indicated that he will resign from his board position upon the closing of the acquisition of Yahoo! Inc. by Verizon Communications Inc. Within the past five years, Mr. Hill served as a director of Planar Systems, Inc. and LSI Corporation, and as Chair and executive committee member of the University of Illinois Foundation. 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 Richard S. Hill 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. Richard S. Hill 80,000 150,000 563 230,563
2018-03-28	Richard S. Hill, 66 director since 2006 Mr. Hill was Chief Executive Officer and Chairman of the Board of Novellus Systems, Inc., a maker of devices used in the manufacture of advanced integrated circuits, from 2006 until it was acquired by Lam Research Corporation in June 2012. He is currently the Chairman of the Board of Marvell Technology Group Ltd. He is also the Chairman of the Board of Xperi Corporation (formerly Tessera Technologies, Inc.) and served as its interim Chief Executive Officer from April 15, 2013 until May 29, 2013. Mr. Hill is the lead director of Cabot Microelectronics Corporation and a director of Autodesk, Inc. Within the past five years, Mr. Hill served as a director of Planar Systems, Inc., Yahoo Inc., and LSI Corporation, and as Chair and executive committee member of the University of Illinois Foundation. 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. Richard S. Hill Independent: X Jan - May: M May - Dec: M Compensation Committee Corporate Governance Committee Non-Management Director Compensation Richard S. Hill Fees Earned($): 90,281 Stock Awards($): 150,000 All Other Compensation($): 1,500 Total ($): 241,781
2019-03-27	Richard S. Hill, 67 director since 2006 Mr. Hill was Chief Executive Officer and Chairman of the Board of Novellus Systems, Inc., a maker of devices used in the manufacture of advanced integrated circuits, from 2006 until it was acquired by Lam Research Corporation in June 2012. He is currently the Chairman of the Board of Marvell Technology Group Ltd. He is also the Chairman of the Board of Xperi Corporation (formerly Tessera Technologies, Inc.) and served as its interim Chief Executive Officer from April 2013 until May 2013. Mr. Hill is the lead director of Cabot Microelectronics Corporation and a director of Symantec Corporation. Within the past five years, Mr. Hill served as a director of Planar Systems, Inc., Yahoo! Inc., Autodesk, Inc., and LSI Corporation, and as Chair and executive committee member of the University of Illinois Foundation. Mr. Hill has had a broad base of experience as the Chief Executive Officer of Novellus. In that role, he set the strategy by evaluating market risks to determine the ultimate direction of that company. Novellus was in the business of developing, manufacturing, and selling equipment used in the fabrication of integrated circuits. As a result, Mr. Hill has a thorough understanding of the semiconductor market in which Arrow operates. He also has experience in the international marketplace as a result of serving on a number of boards for companies with global operations. 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 Richard S. Hill X M 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 ($) Richard S. Hill 100,000 150,000 300 250,300
2020-04-01	Richard S. Hill, 68 director since 2006 Mr. Hill was interim Chief Executive Officer of Symantec Corporation from May 2019 until November 2019. He was Chief Executive Officer and Chairman of the Board of Novellus Systems, Inc., a maker of devices used in the manufacture of advanced integrated circuits, from 2006 until it was acquired by Lam Research Corporation in June 2012. He is currently the Chairman of the Board of Marvell Technology Group Ltd. He is also the Chairman of the Board of Xperi Corporation (formerly Tessera Technologies, Inc.) and served as its interim Chief Executive Officer from April 2013 until May 2013. Mr. Hill is the lead director of Cabot Microelectronics Corporation. Within the past five years, Mr. Hill served as a director of Planar Systems, Inc., Yahoo! Inc., Autodesk, Inc., and Norton Lifelock, Inc. (formerly known as Symantec Corporation), and as Chair and executive committee member of the University of Illinois Foundation. Mr. Hill has had a broad base of experience as the Chief Executive Officer of Novellus. In that role, he set the strategy by evaluating market risks to determine the ultimate direction of that company. Novellus was in the business of developing, manufacturing, and selling equipment used in the fabrication of integrated circuits. As a result, Mr. Hill has a thorough understanding of the semiconductor market in which Arrow operates. He also has experience in the international marketplace as a result of serving on a number of boards for companies with global operations. Committee memberships and chair assignments are reviewed no less than annually by the Corporate Governance Committee, which makes appointment and chair recommendations to the Board. The table below reflects committee memberships for calendar year 2019. Committee Name Independent Audit Compensation Corporate Governance Richard S. Hill (2) X M (2) Mr. Hill served as a member of the Compensation Committee and Corporate Governance Committee for part of 2019 but ceased serving on those committees because he was no longer considered independent, as discussed in the section entitled “Independence.”
2021-04-01	Independent Director Committees: Compensation & Corporate Governance Richard S. Hill Age: 69 Director Since: 2008 ... The non-management members of the Board receive the following fees in cash: Annual fee $100,000 ... The following table shows the total dollar value of compensation received by all non-management directors in or in respect of 2020. Richard S. Hill Fees Earned($) 100,000 Stock Awards($) 175,000 Total ($) 275,000