President, Avnet, Inc.;
Chief Operating Officer
Rick Hamada was promoted to president and chief operating officer of Avnet, Inc. in May 2010, after serving for four years as chief operating officer. He has responsibility for overseeing the strategic direction and day-to-day operations of the Avnet Electronics Marketing and Avnet Technology Solutions operating groups. In addition, Mr. Hamada is responsible for providing leadership for Avnet's global logistics, information technology and Operational Excellence teams. He also serves as a member of the Avnet, Inc. Executive Board. He was elected a corporate vice president of Avnet, Inc. in December 1999 and was later promoted to senior vice president in 2002. He reports to Avnet Chairman & CEO Roy Vallee.
Mr. Hamada has more than 25 years of experience with Avnet and a broad background in the technology industry, spanning from his early career as a technical specialist to leading a multi-billion dollar sales and marketing organization.
Mr. Hamada served as president of Avnet Technology Solutions, the operating group that was formed via the internal integration of two formerly independent business units, Avnet Computer Marketing and Avnet Applied Computing, in July 2003. Avnet Technology Solutions grew from $4 billion at its inception in to nearly $5 billion in revenues in 2006 and exceeded the return on capital employed (ROCE) goals set for the group.
Before taking on leadership for Avnet Technology Solutions, Mr. Hamada was president of Avnet Computer Marketing (from January 2002) and also held a series of management positions within Avnet, giving him a broad base of experience.
Mr. Hamada joined Hamilton/Avnet Electronics in 1983 as a technical specialist in San Diego, and his career evolved to encompass sales and marketing roles with the company, including serving as a field sales representative, computer sales manager, sales unit director, regional sales manager, area vice president, and vice president of business development for Open Systems.
He was the recipient of the Avnet Chairman's Award and was named twice to Computer Reseller News' "Top 25 Most Influential Channel Executives."
Mr. Hamada holds a Bachelor of Science degree in Finance from San Diego State University, where in June 2009 he was named as a member of the board of directors of its College of Business Administration.
Last Updated: 05/18/2010
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