tech:

taffy

Avnet Announces Corporate Officer Promotions

[Techtaffy Newsdesk]

Gerry Fay,  chief global logistics and operations officer with Avnet, was promoted to the corporate officer position of vice president. In addition, Mike McCoy, associate general counsel, was elected to the corporate officer position of assistant secretary.

Chief global logistics and operations officer Gerry Fay is responsible for global warehousing, semiconductor programming, computer and integration center services and operations, and enterprise-wide risk mitigation. He is a member of the Avnet Executive Board and the Global Executive Council. Mr. Fay joined Avnet in 2005 with the company’s acquisition of electronic component distributor Memec, where he was president of the Americas region. Previously, he held numerous strategic roles, including chief operations officer for Memec’s supply-chain and logistics group and chief operating officer for ATLAS Services, a division of VEBA Electronics. He holds a bachelor’s degree in business administration and an MBA from the University of Redlands, Redlands, Calif. He serves as an executive board member for the Boys & Girls Club of Metropolitan Phoenix.

Mike McCoy joined Avnet in December 2010 and is vice president and associate general counsel. His responsibilities include providing counsel on corporate governance, securities law and capital market transactions. In addition, Mr. McCoy supports global entity management and helps with Avnet’s mergers and acquisition program. Prior to joining Avnet, Mr. McCoy worked at the international law firm Greenberg Traurig and was previously an attorney in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. He received his juris doctor degree from the James E. Rogers College of Law at the University of Arizona.

Just in

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.