Important Update: William J. Amelio is no longer the CEO of Avnet, Inc. He stepped down from the role in August 2020. Phil Gallagher, a 40-year Avnet veteran, was named CEO in November 2020 and continues to lead the company as of March 2026.
William (Bill) J. Amelio served as Chief Executive Officer of Avnet, Inc. (NASDAQ: AVT), one of the world’s largest distributors of electronic components and technology solutions, from September 2016 to August 2020. A seasoned technology executive with over 35 years of leadership experience, Amelio previously held CEO positions at Lenovo Group and CHC Helicopter. He is a graduate of Lehigh University (B.S. in Chemical Engineering) and Stanford Graduate School of Business (M.S. in Management as a Sloan Fellow). Today, Amelio is an active private equity investor and philanthropist, serving as Advisory Board member at DoubleCheck Solutions and board chair of Caring for Cambodia, a nonprofit he co-founded with his wife Jamie.
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William Amelio – Quick Facts
Avnet Competitors
Avnet, Inc. is one of the world’s largest distributors of electronic components and technology solutions. Its key competitors in the global distribution market include:
- Arrow Electronics, Inc. – Avnet’s closest rival and the world’s largest electronic components distributor by revenue (~$28B)
- WPG Holdings – Asia-based electronic components distribution giant
- Future Electronics – Major global distributor headquartered in Canada
- Digi-Key Electronics – Leading online distributor focused on same-day shipping
- Mouser Electronics – Online distributor known for new product introductions
- Ingram Micro – Major IT and technology distribution company
- TD SYNNEX – Large IT distribution and services company
William Amelio Net Worth 2026 – Former Avnet CEO Salary
As of 2026, William Amelio’s estimated net worth is approximately $28.8 million USD, based on his reported stock holdings across multiple companies including Avnet, S&P Global, Lenovo, Dell, and National Semiconductor, as well as his private equity investments through Daylight Partners LLC.
William Amelio – Avnet CEO Compensation History
Key Insight: During his tenure as Avnet CEO, William Amelio’s total compensation grew from approximately $9.3 million in fiscal year 2017 to $11 million in fiscal year 2018. His initial employment agreement set a base salary of $850,000 with an annual cash incentive target of no less than 150% of base salary, plus a $2 million initial long-term incentive award.
Avnet Net Worth 2026 – Is Avnet Profitable?
Yes, Avnet remains a profitable Fortune 500 company under current CEO Phil Gallagher. While the electronics distribution market experienced some cyclical headwinds in recent years, Avnet has maintained profitability and continues to be one of the largest technology distributors globally.
Avnet Financial Summary (Fiscal Year 2025)
Sector Headwinds: Avnet’s FY2025 results reflected a broader downturn in the electronics distribution industry, with revenue declining 6.6% to $22.2B. However, the company showed signs of recovery in recent quarters, with Q1 FY2026 revenue of $6.32B and the stock price reaching an all-time high of $68.29 in February 2026.
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Contact William Amelio – Email Address & Social Media
Below are the contact details for former Avnet CEO William Amelio and current Avnet corporate contacts:
Career & Education – Company, University, & College
William Amelio’s career spans over four decades in the technology industry, with leadership roles at some of the world’s most prominent companies. Below is his complete career timeline:
William Amelio Career Timeline
William Amelio began his career at IBM Corporation in 1979, where he spent nearly two decades rising through the ranks to become General Manager of the Worldwide Personal Computer Division. In 1997, he joined AlliedSignal (later Honeywell International), where he served as President and CEO of the transportation and power-systems divisions and led the turbocharging systems business.
In 2000, Amelio became Executive Vice President and Chief Operating Officer of NCR Corporation’s Retail and Financial Group. He then moved to Dell, Inc. in 2001 as Senior Vice President and President of the Asia-Pacific/Japan region, where he was responsible for strategy and operations across the entire region.
His most prominent role before Avnet was as President and CEO of Lenovo Group Ltd. from 2005 to 2009, where he oversaw the integration of IBM’s PC Division following Lenovo’s landmark $1.75 billion acquisition. Under his leadership, Lenovo grew from a China-centric company into a global technology brand.
After Lenovo, Amelio became CEO of CHC Helicopter (now CHC Group) in 2010, leading the world’s largest commercial helicopter operator until 2015. He joined Avnet’s Board of Directors in 2014, was appointed interim CEO in July 2016, and officially named CEO in September 2016. He stepped down from Avnet in August 2020.
Education
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William Amelio Wiki – Age, Wife, Family, & More
Former Avnet CEO William (Bill) Amelio (age 68 as of 2026) resides in Austin, Texas with his wife Jamie Amelio. The couple has six children, including four biological children and two daughters adopted from Cambodia.
Amelio and his wife are dedicated philanthropists. In 2003, they co-founded Caring for Cambodia (CFC), a non-governmental organization focused on providing education, nutrition, and basic needs to children in Cambodia. The inspiration came during a trip to Angkor Wat, when a 9-year-old girl approached Jamie asking for money to attend school. Today, Caring for Cambodia operates multiple schools and teacher training programs throughout Cambodia. Jamie serves as CEO of the organization while Bill serves as Board Chair.
The Amelios also established the Amelio Foundation, which supports their charitable work in Cambodia and other educational causes. Amelio is a distinguished alumnus of Lehigh University (Class of 1979) and received an honorary degree from the university in 2008. In 2022, he was named an honoree of the Columbus Celebration Weekend.
Notable Achievements & Recognitions
- Lehigh University Distinguished Alumnus – Class of 1979, received honorary degree in 2008
- Sloan Fellow, Stanford GSB – One of the most prestigious honors in business education
- Columbus Celebration Weekend Honoree (2022) – Recognized for Italian-American achievement
- Lenovo-IBM Integration – Successfully integrated IBM’s $1.75 billion PC Division into Lenovo
- Caring for Cambodia Founder – Built multiple schools and education programs in Cambodia
- S&P Global Board Member – Independent director from 2019 to 2022
About Avnet, Inc.
Avnet, Inc. is a global electronic component technology distributor and solutions provider headquartered in Phoenix, Arizona. Founded in 1921, the company has grown into one of the world’s largest distributors of electronic components, serving customers in virtually every sector of the technology industry.
Avnet distributes semiconductors, interconnect, passive and electromechanical components from leading manufacturers to a global customer base. The company operates in two primary segments:
- Electronic Components – Global distribution of electronic components from leading manufacturers
- Farnell – High-service distribution model focusing on engineers and makers, operating the Farnell, Newark, and element14 brands
Under current CEO Phil Gallagher, Avnet trades on NASDAQ under the ticker symbol AVT and had a market capitalization of approximately $5.5 billion as of early 2026. Gallagher, a 40-year Avnet veteran who began his career with the company in 1982, was named CEO in November 2020 and has led the company through cyclical market challenges in the electronics distribution industry.
Frequently Asked Questions (FAQ)
Who is the current CEO of Avnet?
The current CEO of Avnet, Inc. is Phil Gallagher, who was named CEO in November 2020. He succeeded William Amelio, who stepped down in August 2020. Gallagher is a 40-year Avnet veteran who began his career with the company in 1982 and previously served as Global President of Electronic Components.
What is William Amelio’s net worth in 2026?
As of 2026, William Amelio’s estimated net worth is approximately $28.8 million USD, based on his reported stock holdings across companies including Avnet, S&P Global, Dell, and Lenovo, along with his private equity investments through Daylight Partners LLC.
What was William Amelio’s salary as Avnet CEO?
During his tenure as Avnet CEO, William Amelio earned total compensation of approximately $9.3 million in FY2017 and $11 million in FY2018. His initial base salary was $850,000 with an annual cash incentive target of at least 150% of base salary, plus equity awards.
Why did William Amelio leave Avnet?
William Amelio stepped down as CEO of Avnet in August 2020. Phil Gallagher was initially named interim CEO before being officially appointed as CEO in November 2020. Amelio subsequently joined DoubleCheck Solutions as Co-CEO and Executive Chairman, a role he held until early 2025.
What is Avnet’s email address and phone number?
Avnet’s corporate headquarters is located at 2211 South 47th Street, Phoenix, AZ 85034. The main phone number is 480-643-2000. For customer support, call 1-800-408-8353. For investor relations, email [email protected]. For corporate communications, email [email protected].
Article last updated:January 2026March 3, 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including SEC filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.