On July 11, Phoenix-based technology distributor Avnet announced that CFO Thomas Liguori will be transitioning away from his position at Avnet.

Corporate Controller Kenneth A. Jacobson will succeed Mr. Liguori as CFO effective September 6. Mr. Liguori 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 CEO. “We thank him for his leadership and, together with Ken, building a high-quality finance organization.”