Avnet Inc. (AVT) announced that William Schumann III, executive vice president and chief financial officer of FMC Technologies Inc., has been appointed to the company's board of directors.
Schumann's appointment brings the total number of Avnet directors to 10, nine of whom are independent outside directors.
William Schumann will serve on both the Audit and Finance Committees.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.