Thomas Liguori, Avnet’s Chief Financial Officer (CFO) is leaving the distributor to pursue opportunities in the public, private and university sectors.

Kenneth A. Jacobson, the company’s corporate controller and a seasoned corporate executive, will succeed Liguori as CFO effective September 6.

Liguori (pictured) will be available to Avnet as a senior advisor through March 2023 and will assist with the transition.

“Tom has made vital contributions to Avnet’s growth since joining our team in 2018,” said Phil Gallagher, Avnet’s chief executive officer. “We thank him for his leadership and, together with Ken, building a high-quality finance organisation.”

“I have thoroughly enjoyed my time at Avnet and want to express my gratitude to the finance team for their support, as well as everyone at Avnet. It has been a privilege to serve as Avnet’s CFO during its 100th anniversary,” said Liguori. “I wish Phil, Ken and Avnet continued success in the years to come.”

Jacobson joined Avnet in 2013 and served as Avnet’s interim CFO in 2017-2018, prior to Liguori joining the organisation.

As corporate controller, Jacobson has global leadership responsibility for the finance organisations within each of Avnet’s business units, as well as management oversight of Avnet’s global supply chain engagements.

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