and was succeeded by Daniel W. Duval, a 15-year Arrow board veteran. In 2003, William E. Mitchell, former President of the Global Services Division of Solectron Corporation, joined Arrow as chief executive officer and, in 2006, became chairman. During Mitchell's six years at Arrow, sales climbed to $17 billion as the company increased shareholder returns, improved operating efficiencies, and completed 17 acquisitions. In 2009, Michael J. Long succeeded Mitchell as CEO, and in 2010 took over as chairman. A long-time Arrow executive, Long joined the company in 1991 through the merger with Schweber Electronics and served in various senior management positions before becoming CEO. During Long's tenure, Arrow completed over 40 strategic acquisitions that further expanded its global components and computer systems businesses. In 2015, Arrow acquired United Technical Publishing from Hearst, adding properties such as Electronic Products and Schematics.com. In June 2016, UBM reached agreement to divest its electronics media portfolio to an affiliate of Arrow Electronics Inc. for a cash consideration of $23.5m. The portfolio comprises the US and Asian versions of EE Times, EDN, ESM, Embedded, EBN, TechOnline and Datasheets.com. In June 2022, Sean J. Kerins succeeded Long as president and CEO, and Long was appointed executive chairman of the board of directors. Having joined Arrow in 2007 as vice president of North America storage and networking, Kerins went on to serve as president of the company’s North America enterprise computing solutions business before being named global president of the business in 2014 and then chief operating officer in 2020. The company was ranked No. 104 in the 2022 Fortune 500 list of the largest United States corporations by total revenue. Recent acquisitions Notes and references See Also Competitor Tech Data Competitor CDW Competitor Synnex External links Official web site Companies based in Centennial, Colorado Electronics companies established in 1935 Business services companies established in 1935 1935 establishments in New York City Distribution companies of the United States Companies listed on the New York Stock Exchange Electronic component distributors 1960s initial public offerings