<SEC-DOCUMENT>0000008858-18-000026.txt : 20180524
<SEC-HEADER>0000008858-18-000026.hdr.sgml : 20180524
<ACCEPTANCE-DATETIME>20180524172557
ACCESSION NUMBER:		0000008858-18-000026
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20180524
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180524
DATE AS OF CHANGE:		20180524

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AVNET INC
		CENTRAL INDEX KEY:			0000008858
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				111890605
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0628

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04224
		FILM NUMBER:		18858863

	BUSINESS ADDRESS:	
		STREET 1:		2211 SOUTH 47TH STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034
		BUSINESS PHONE:		4806432000

	MAIL ADDRESS:	
		STREET 1:		2211 SOUTH 47TH STREET
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>avt-20180524x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			avt_Current_8K
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			<font style="display:inline;font-weight:bold;font-size:14pt;">UNITED STATES<br />SECURITIES AND EXCHANGE COMMISSION<br /></font><font style="display:inline;font-weight:bold;">WASHINGTON, &nbsp;DC&nbsp;20549</font>
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			<font style="display:inline;">_______________</font>
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			<font style="display:inline;font-weight:bold;font-size:16pt;">FORM 8-K</font>
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			<font style="display:inline;font-weight:bold;">CURRENT REPORT</font>
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			<font style="display:inline;font-weight:bold;">Pursuant to Section 13 or 15(d) of the<br />Securities Exchange Act of 1934</font>
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			<font style="display:inline;font-weight:bold;font-size:11pt;">Date of report (Date of earliest event reported): May 22, 2018</font>
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			<font style="display:inline;font-weight:bold;font-size:20pt;">Avnet, Inc.</font>
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			<font style="display:inline;font-size:10pt;">(Exact Name of Registrant as Specified in Charter)</font>
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						<font style="display:inline;font-weight:bold;">New York</font></p>
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						<font style="display:inline;font-weight:bold;">1-4224</font></p>
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						<font style="display:inline;font-weight:bold;">11-1890605</font></p>
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						<font style="display:inline;font-size:10pt;">(IRS Employer<br />Identification No.)</font></p>
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						<font style="display:inline;font-weight:bold;">2211 South 47</font><font style="display:inline;font-weight:bold;font-size:6pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-weight:bold;"> Street, Phoenix, Arizona</font></p>
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						<font style="display:inline;font-weight:bold;">85034</font></p>
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						<font style="display:inline;font-size:10pt;">(Address of Principal Executive Offices)</font></p>
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						<font style="display:inline;font-size:10pt;">(Zip Code)</font></p>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">Registrant&#x2019;s telephone number, including area code:&nbsp; </font><font style="display:inline;font-weight:bold;font-size:10pt;">(480) 643-2000</font>
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		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 11pt;">
			<font style="display:inline;font-weight:bold;font-size:11pt;">N/A</font>
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			<font style="display:inline;font-size:10pt;">(Former Name or Former Address, if Changed Since Last Report)</font>
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		<p style="margin:12pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font>
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		<p style="margin:12pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display:inline;font-size:10pt;">&#x2610;</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></font>
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		<p style="margin:0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display:inline;font-size:10pt;">&#x2610;</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></font>
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		<p style="margin:0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display:inline;font-size:10pt;">&#x2610;</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></font>
		</p>
		<p style="margin:0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display:inline;font-size:10pt;">&#x2610;</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:6pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &#xA7;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR &#xA7;240.12b-2).</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">Emerging growth company </font><font style="display:inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font>
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		<p style="margin:6pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </font><font style="display:inline;font-family:Segoe UI Symbol;font-size:10pt;">&#x2610;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:6pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;"></font><font style="display:inline;font-weight:bold;font-size:10pt;"></font></p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;">
		<p><font size="1"> </font></p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><div style="width:100%">

		<p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 12pt;">

			&nbsp;

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</div></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><p style="margin:6pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 12pt;"><font style="display:inline;font-weight:bold;font-size:10pt;">Item&nbsp;5.02 &nbsp; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
		</p>
		<p style="margin:6pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">On May 22, 2018, the Board of Directors of Avnet, Inc. (the &#x201C;Company&#x201D;) appointed Oleg Khaykin to serve as a director of the Company, effective immediately.&nbsp;&nbsp;Mr. Khaykin will serve on the Audit and Corporate Governance Committees.&nbsp;&nbsp;There is no arrangement or understanding with any person pursuant to which Mr. Khaykin was selected as a director.&nbsp;&nbsp;Mr. Khaykin&#x2019;s compensation for service as a non-employee director will be consistent with that of the Company&#x2019;s other non-employee directors, which is described under the heading &#x201C;Director Compensation&#x201D; in the Company&#x2019;s definitive proxy statement filed with the Securities and Exchange Commission on September 26, 2017.&nbsp;&nbsp;The Company issued a press release announcing the appointment of Mr. Khaykin, which is attached hereto as Exhibit 99.1.</font>
		</p>
		<p style="margin:6pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font><font style="display:inline;font-weight:bold;font-size:10pt;">Item 9.01 &nbsp; &nbsp;Financial Statements and Exhibits.</font>
		</p>
		<p style="margin:6pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">(d) &nbsp; &nbsp; Exhibits.</font>
		</p>
		<p style="margin:0pt;line-height:107.92%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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					<p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:89.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-weight:bold;font-size:10pt;">Exhibit<br />Number</font></p>
				</td>
				<td valign="bottom" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:89.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-weight:bold;font-size:10pt;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:89.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">99.1</font></p>
				</td>
				<td valign="bottom" style="width:02.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:89.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<a href="avt-20180524ex991152852.htm"><font style="display:inline;font-size:10pt;">Press Release dated May 23, 2018.</a></font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:5pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:5pt 0pt;text-align:center;font-family:Arial Unicode MS;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;font-size:10pt;"></font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;"></font></p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;">
		<p><font size="1"> </font></p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><div style="width:100%">

		<p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 12pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><p style="margin:5pt 0pt;text-align:center;font-family:Arial Unicode MS;font-size: 10pt;"><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:10pt;">SIGNATURE</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Arial Unicode MS;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Arial Unicode MS;font-size: 10pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:3pt;">
			<tr>
				<td valign="bottom" style="width:175.60pt;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:18.00pt;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:256.50pt;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:08.40pt;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:175.60pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Date: May&nbsp;23, 2018</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="3" valign="bottom" style="width:282.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">AVNET, INC.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:175.60pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="3" valign="bottom" style="width:282.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Registrant</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:175.60pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="3" valign="bottom" style="width:282.90pt;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:175.60pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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				<td valign="bottom" style="width:18.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">By:</font></p>
				</td>
				<td valign="bottom" style="width:256.50pt;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">/s/ Thomas Liguori</font></p>
				</td>
				<td valign="bottom" style="width:08.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
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			<tr>
				<td valign="bottom" style="width:175.60pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:18.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:256.50pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Name: Thomas Liguori</font></p>
				</td>
				<td valign="bottom" style="width:08.40pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
						<font style="display:inline;">&nbsp;</font></p>
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					<p style="margin:2pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:23.90pt;padding:0pt;">
					<p style="margin:2pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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				<td valign="bottom" style="width:18.00pt;padding:0pt;">
					<p style="margin:2pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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				<td valign="bottom" style="width:256.50pt;padding:0pt;">
					<p style="margin:2pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Title: Chief Financial Officer</font></p>
				</td>
				<td valign="bottom" style="width:08.40pt;padding:0pt;">
					<p style="margin:2pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
						<font style="display:inline;">&nbsp;</font></p>
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						<font style="display:inline;">&nbsp;</font></p>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-size:10pt;">&nbsp;</font>
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		<p><font size="1"> </font></p></div><div style="margin-left:10.4575163398693%;margin-right:10.4575163398693%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr></div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>avt-20180524ex991152852.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!--HTML document created with Merrill Bridge  8.0.2.7-->
<!--Created on: 5/24/2018 2:22:22 PM-->
<html>
	<head>
		<title>
			avt_99-1
		</title>
	</head>
	<body><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;color:#FF0000;line-height:100%;font-family:Calibri;font-size: 11pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;">
		<p style="margin:0pt 0pt 18pt;text-align:right;line-height:100%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-weight:bold;font-size:10pt;">Exhibit 99.1</font>
		</p>
		<p style="margin:0pt;text-align:right;line-height:100%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;"><img src="avt20180524ex991152852001.jpg" style="width: 1.859722in; height: 0.5166667in" alt="C:\Users\032217\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\INZAC0QC\Avnet_logo_tagline_rgb.png"></font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:100%;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:12pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:100%;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:12pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:100%;font-family:Calibri;font-size: 12pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-weight:bold;font-size:12pt;">Avnet Names Oleg Khaykin to its Board of Directors</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:100%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">PHOENIX &#x2013; May 23, 2018 &#x2013; Avnet (NASDAQ: AVT), a leading global technology company, today announced that Oleg Khaykin has been appointed to the company's board of directors. He will also serve on the audit committee and the corporate governance committee. </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Khaykin is currently president and CEO of Viavi Solutions, Inc., a provider of network and service enablement solutions. He is also a member of their board of directors. He joined Viavi in February 2016. </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">"Oleg&#x2019;s extensive experience in the semiconductor industry and with technology companies makes him an ideal addition,&#x201D; said William H. Schumann III, chairman of the board of Avnet, Inc. "Oleg is a well-respected leader who will bring valuable insights to the Avnet board as we continue to guide the company on a plan to future growth.&#x201D; </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Prior to joining Viavi, Khaykin served as a senior advisor at Silver Lake Partners. Previously he had served as president and CEO, and as a member of the board of directors, at International Rectifier, a world leader in power management technology, from 2008 until its acquisition by Infineon AG in 2015. During his tenure, he successfully turned around the company and transformed it into the world leader in power semiconductors. </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Khaykin has also served as Chief Operating Officer of Amkor Technology, Inc., a provider of semiconductor assembly and test services, and vice president of strategy and business development at Conexant Systems, Inc. and Mindspeed Technologies, Inc. He was previously a member of the board of directors of Newport Corporation until its acquisition by MKS Instruments (2010-2016) and Zarlink Semiconductor, Inc. (2007-2011). His extensive operational experience and strategic leadership at other technology companies makes him an ideal executive to serve on the board of directors for Avnet. </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&#x201C;I am pleased to be joining the Avnet board of directors as I have known Avnet for many years and have worked with the company as both a customer and as a supplier,&#x201D; said Khaykin. &#x201C;I look forward to contributing to the company in support of its transformation strategy and continued growth.&#x201D; </font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Khaykin holds an MBA from Northwestern University&#x2019;s J.L. Kellogg Graduate School of Management and a Bachelor of Science in Electrical Engineering (BSEE) with High University Honors from Carnegie-Mellon. He also currently serves on the Board of Directors of Marvell Semiconductors.</font>
		</p>
		<p style="margin:0pt;line-height:110%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:110%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Follow Avnet on Twitter: @Avnet</font>
		</p>
		<p style="margin:0pt;line-height:110%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Connect with Avnet on LinkedIn: http://www.linkedin.com/company/avnet</font>
		</p>
		<p style="margin:0pt;line-height:110%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Connect with Avnet on Facebook: http://www.facebook.com/AvnetInc</font>
		</p>
		<p style="margin:0pt;line-height:110%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 8pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-style:italic;font-size:8pt;">All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;"></font>
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			<font style="display:inline;"></font></p></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;">
		<p><font size="1"> </font></p></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;color:#FF0000;line-height:100%;font-family:Calibri;font-size: 11pt;">

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</div></div><div style="margin-left:11.7647058823529%;margin-right:11.7647058823529%;"><p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt;"><font style="display:inline;"></font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-weight:bold;font-size:10pt;">About Avnet</font>
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		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;line-height:110%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;">
			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">From idea to design and from prototype to production, Avnet supports customers at each stage of a product&#x2019;s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com. (AVT_IR)</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Vincent Keenan</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Investor Relations </font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">(480) 643-7053</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">investorrelations@avnet.com</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Maureen O'Leary</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">Avnet</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">corporate.communications@avnet.com</font><font style="display:inline;font-size:10pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:10pt;">(480) 643-7499</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;color:#000000;font-size:10pt;">Jamie Ernst</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;color:#000000;font-size:10pt;">Brodeur Partners</font>
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			<font style="display:inline;font-family:Arial,Helvetica,sans-serif;color:#000000;font-size:10pt;">480-308-0286</font>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
