Arrow Electronics(ARW *)株式概要アロー・エレクトロニクス社は、南北アメリカ、ヨーロッパ、中東、アフリカ、アジア太平洋地域において、電子部品およびエンタープライズコンピューティングソリューションの産業用および商業用ユーザーに製品、サービス、ソリューションを提供しています。 詳細ARW * ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長1/6過去の実績4/6財務の健全性3/6配当金0/6報酬株価収益率( 16.7 x)は、 Electronic業界平均( 33.3 x)を下回っています。収益は年間7.52%増加すると予測されています 過去1年間で収益は45.7%増加しました リスク分析負債は営業キャッシュフローで十分にカバーされていない 株式の流動性は非常に低い 今後3年間の収益は年平均0.5%減少すると予測されている。 過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見るARW * Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueMex$Current PriceMex$2.67k8.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-204m44b2016201920222025202620282031Revenue US$44.3bEarnings US$821.1mAdvancedSet Fair ValueView all narrativesArrow Electronics, Inc. 競合他社AvnetSymbol: NasdaqGS:AVTMarket cap: US$7.5bUnisplendourSymbol: SZSE:000938Market cap: CN¥77.8bIngram Micro HoldingSymbol: NYSE:INGMMarket cap: US$6.9bCDWSymbol: NasdaqGS:CDWMarket cap: US$16.6b価格と性能株価の高値、安値、推移の概要Arrow Electronics過去の株価現在の株価US$2,665.0052週高値US$2,665.0052週安値US$2,295.38ベータ1.171ヶ月の変化0%3ヶ月変化16.10%1年変化n/a3年間の変化n/a5年間の変化n/aIPOからの変化13.18%最新ニュースお知らせ • May 14Arrow Electronics, Inc. (NYSE:ARW) announces an Equity Buyback for $1,000 million worth of its shares.Arrow Electronics, Inc. (NYSE:ARW) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.お知らせ • May 09Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the Second Quarter Ending July 4, 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the second quarter ending July 4, 2026. For he period, the company expects consolidated sales of $9.15 billion to $9.75 billion, with global components sales of $6.80 billion to $7.20 billion, and global enterprise computing solutions sales of $2.35 billion to $2.55 billion, and Net income per share on a diluted basis of $3.91 to $4.11.お知らせ • May 07Arrow Electronics Launches Digital Test Drive Cloud-Based Remote Engineering ServiceArrow Electronics announced the launch of Digital Test Drive, a cloud-based remote engineering service that helps technology developers evaluate hardware faster, reduce costs and improve productivity. Through a secure, private web link, individual users and distributed teams can instantly connect to a pre-set up virtual machine and connect via cloud directly to physical development boards hosted in Arrow’s engineering labs. Users can remotely control evaluation kits, access software environments, run tests and view results in real time. Workshops, training, product demonstrations and live support from Arrow’s technical experts are available. Digital Test Drive simplifies early-stage testing and collaboration by helping eliminate common barriers such as kit availability, shipping delays, customs paperwork, platform comparisons, complex setup and software installation — helping businesses shorten development cycles and accelerate decision-making. Digital Test Drive complements Arrow’s existing Test Drive program that allows customers to borrow physical hardware for on-site evaluation for up to 28 days.お知らせ • Mar 24Arrow Electronics, Inc., Annual General Meeting, May 12, 2026Arrow Electronics, Inc., Annual General Meeting, May 12, 2026. Location: the inverness denver, a hilton golf and spa resort, 200 inverness drive west, englewood, colorado 80112, United StatesRecent Insider Transactions • Feb 14Insider recently sold Mex$14m worth of stockOn the 11th of February, Eric Nowak sold around 5k shares on-market at roughly Mex$2,699 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$32m more than they bought in the last 12 months.Reported Earnings • Feb 07Full year 2025 earnings releasedFull year 2025 results: Net income: (down US$392.1m from profit in FY 2024).最新情報をもっと見るRecent updatesお知らせ • May 14Arrow Electronics, Inc. (NYSE:ARW) announces an Equity Buyback for $1,000 million worth of its shares.Arrow Electronics, Inc. (NYSE:ARW) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.お知らせ • May 09Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the Second Quarter Ending July 4, 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the second quarter ending July 4, 2026. For he period, the company expects consolidated sales of $9.15 billion to $9.75 billion, with global components sales of $6.80 billion to $7.20 billion, and global enterprise computing solutions sales of $2.35 billion to $2.55 billion, and Net income per share on a diluted basis of $3.91 to $4.11.お知らせ • May 07Arrow Electronics Launches Digital Test Drive Cloud-Based Remote Engineering ServiceArrow Electronics announced the launch of Digital Test Drive, a cloud-based remote engineering service that helps technology developers evaluate hardware faster, reduce costs and improve productivity. Through a secure, private web link, individual users and distributed teams can instantly connect to a pre-set up virtual machine and connect via cloud directly to physical development boards hosted in Arrow’s engineering labs. Users can remotely control evaluation kits, access software environments, run tests and view results in real time. Workshops, training, product demonstrations and live support from Arrow’s technical experts are available. Digital Test Drive simplifies early-stage testing and collaboration by helping eliminate common barriers such as kit availability, shipping delays, customs paperwork, platform comparisons, complex setup and software installation — helping businesses shorten development cycles and accelerate decision-making. Digital Test Drive complements Arrow’s existing Test Drive program that allows customers to borrow physical hardware for on-site evaluation for up to 28 days.お知らせ • Mar 24Arrow Electronics, Inc., Annual General Meeting, May 12, 2026Arrow Electronics, Inc., Annual General Meeting, May 12, 2026. Location: the inverness denver, a hilton golf and spa resort, 200 inverness drive west, englewood, colorado 80112, United StatesRecent Insider Transactions • Feb 14Insider recently sold Mex$14m worth of stockOn the 11th of February, Eric Nowak sold around 5k shares on-market at roughly Mex$2,699 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$32m more than they bought in the last 12 months.Reported Earnings • Feb 07Full year 2025 earnings releasedFull year 2025 results: Net income: (down US$392.1m from profit in FY 2024).New Risk • Feb 06New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 15% per year over the past 5 years.お知らせ • Feb 06Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the First Quarter of 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the first quarter of 2026. For the quarter, the company expects Consolidated sales of $7.95 billion to $8.55 billion, with global components sales of $5.75 billion to $6.15 billion, and global enterprise computing solutions sales of $2.20 billion to $2.40 billion. Net income per share on a diluted basis of $2.13 to $2.33.お知らせ • Oct 31Arrow Electronics, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2025Arrow Electronics, Inc. provided earnings guidance for the fourth quarter ending December 31, 2025. For the quarter, the company expected consolidated sales of $7.80 billion to $8.40 billion, with global components sales of $5.10 billion to $5.50 billion, and global enterprise computing solutions sales of $2.70 billion to $2.90 billion; Net income per share on a diluted basis of $3.08 to $3.28.お知らせ • Oct 22Arrow Electronics, Inc. to Report Q3, 2025 Results on Oct 30, 2025Arrow Electronics, Inc. announced that they will report Q3, 2025 results at 12:30 PM, US Eastern Standard Time on Oct 30, 2025お知らせ • Sep 17+ 1 more updateArrow Electronics, Inc. Announces CEO Changes, Effective September 16, 2025Arrow Electronics, Inc. announced that William (“Bill”) F. Austen, member of Arrow’s Board of Directors, has been named Interim President and CEO, effective September 16, 2025. Mr. Austen will succeed Sean Kerins, who separated from his roles as CEO of the Company effective September 16, 2025. The Board is launching a search for a permanent President and CEO. Mr. Austen has served as a Director since May 15, 2020. Mr. Austen served as president, chief executive officer, and director of Bemis Company, Inc., a leading global manufacturer of flexible packaging products and pressure-sensitive materials, for six years prior to June 2019. From 2013 to 2014, he served as Bemis’ executive vice president of operations and chief operating officer. From 2000 to 2013, Mr. Austen held roles of increasing executive and operational leadership responsibilities with Bemis and Bemis’ divisions. Mr. Austen also served on the Board of Directors of Tenant Company and Arconic Corporation from 2007 through 2022 and 2020 through 2023 respectively. Mr. Kerins has agreed to provide continued assistance to the Company to support transition efforts. His separation is unrelated to Arrow’s financial statements.お知らせ • Aug 30Arrow Electronics, Inc. Announces Executive Changes, Effective as of August 29, 2025On and effective as of August 29, 2025, (Effective Date) Arrow Electronics, Inc. appointed Brandon M. Brewbaker, age 41, as the Company’s Vice President, Chief Accounting Officer and Corporate Financial Planning and Analysis. As of the Effective Date, Mr. Brewbaker succeeds Yun S. Cho as principal accounting officer of the Company. Following the Effective Date, Mr. Cho will remain employed by the Company through February 20, 2026, to ensure a smooth transition. This transition and Mr. Cho’s departure are not the result of any disagreement between Mr. Cho and the Company with respect to any matter relating to the Company's operations, financial statements, policies, or practices. Mr. Brewbaker has been employed by the Company in various roles for nearly twelve years and has served as the Company’s Vice President, Finance - Financial Planning and Analysis since January 2021. From December 2017 through January 2021, Mr. Brewbaker served as a director in various roles across the Company’s Finance organization. Mr. Brewbaker is a Certified Public Accountant and holds a B.S. in Business Administration from Colorado State University.株主還元ARW *MX ElectronicMX 市場7D0%0%0%1Yn/a0%0%株主還元を見る業界別リターン: ARW *がMX Electronic業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: ARW * MX市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is ARW *'s price volatile compared to industry and market?ARW * volatilityARW * Average Weekly Movementn/aElectronic Industry Average Movement0%Market Average Movement0%10% most volatile stocks in MX Market0%10% least volatile stocks in MX Market0%安定した株価: ARW *の株価は、 MX市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のARW *のボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO(最高経営責任者ウェブサイト193522,230Bill Austenwww.arrow.comアロー・エレクトロニクス社は、南北アメリカ、ヨーロッパ、中東、アフリカ、アジア太平洋地域において、電子部品およびエンタープライズコンピューティングソリューションの産業および商業ユーザーに製品、サービス、ソリューションを提供している。同社はグローバルコンポーネントとグローバルエンタープライズコンピューティングソリューションの2つのセグメントで事業を行っている。グローバルコンポーネント部門は、半導体製品および関連サービス、コンデンサ、抵抗器、ポテンショメータ、電源、リレー、スイッチ、コネクタなどの相互接続製品、受動製品、電気機械製品、コンピューティング製品、メモリ製品、およびその他の製品とサービスから成る電子部品の販売と流通を行っている。グローバル・エンタープライズ・コンピューティング・ソリューション部門は、データセンター、クラウド、セキュリティ、アナリティクス・ソリューションなどのコンピューティング・ソリューションを提供している。このセグメントはまた、エンジニアリングおよび統合サポート、倉庫管理およびロジスティクス、マーケティングリソース、認定ハードウェアおよびソフトウェアトレーニングなどの様々なサービスへのアクセスも提供している。同社は、相手先商標製品製造業者、付加価値再販業者、マネージド・サービス・プロバイダー、製造委託業者、その他法人顧客を顧客としている。同社は1935年に設立され、コロラド州センテニアルに本社を置いている。もっと見るArrow Electronics, Inc. 基礎のまとめArrow Electronics の収益と売上を時価総額と比較するとどうか。ARW * 基礎統計学時価総額Mex$163.82b収益(TTM)Mex$9.83b売上高(TTM)Mex$530.78b16.7xPER(株価収益率0.3xP/SレシオARW * は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計ARW * 損益計算書(TTM)収益US$30.85b売上原価US$27.40b売上総利益US$3.46bその他の費用US$2.89b収益US$571.27m直近の収益報告Dec 31, 2025次回決算日May 07, 2026一株当たり利益(EPS)11.18グロス・マージン11.20%純利益率1.85%有利子負債/自己資本比率46.3%ARW * の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2026/05/06 19:06終値2026/02/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Arrow Electronics, Inc. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関Ruplu BhattacharyaBofA Global ResearchJames SuvaCitigroup IncLouis MisciosciaCLSA13 その他のアナリストを表示
お知らせ • May 14Arrow Electronics, Inc. (NYSE:ARW) announces an Equity Buyback for $1,000 million worth of its shares.Arrow Electronics, Inc. (NYSE:ARW) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.
お知らせ • May 09Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the Second Quarter Ending July 4, 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the second quarter ending July 4, 2026. For he period, the company expects consolidated sales of $9.15 billion to $9.75 billion, with global components sales of $6.80 billion to $7.20 billion, and global enterprise computing solutions sales of $2.35 billion to $2.55 billion, and Net income per share on a diluted basis of $3.91 to $4.11.
お知らせ • May 07Arrow Electronics Launches Digital Test Drive Cloud-Based Remote Engineering ServiceArrow Electronics announced the launch of Digital Test Drive, a cloud-based remote engineering service that helps technology developers evaluate hardware faster, reduce costs and improve productivity. Through a secure, private web link, individual users and distributed teams can instantly connect to a pre-set up virtual machine and connect via cloud directly to physical development boards hosted in Arrow’s engineering labs. Users can remotely control evaluation kits, access software environments, run tests and view results in real time. Workshops, training, product demonstrations and live support from Arrow’s technical experts are available. Digital Test Drive simplifies early-stage testing and collaboration by helping eliminate common barriers such as kit availability, shipping delays, customs paperwork, platform comparisons, complex setup and software installation — helping businesses shorten development cycles and accelerate decision-making. Digital Test Drive complements Arrow’s existing Test Drive program that allows customers to borrow physical hardware for on-site evaluation for up to 28 days.
お知らせ • Mar 24Arrow Electronics, Inc., Annual General Meeting, May 12, 2026Arrow Electronics, Inc., Annual General Meeting, May 12, 2026. Location: the inverness denver, a hilton golf and spa resort, 200 inverness drive west, englewood, colorado 80112, United States
Recent Insider Transactions • Feb 14Insider recently sold Mex$14m worth of stockOn the 11th of February, Eric Nowak sold around 5k shares on-market at roughly Mex$2,699 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$32m more than they bought in the last 12 months.
Reported Earnings • Feb 07Full year 2025 earnings releasedFull year 2025 results: Net income: (down US$392.1m from profit in FY 2024).
お知らせ • May 14Arrow Electronics, Inc. (NYSE:ARW) announces an Equity Buyback for $1,000 million worth of its shares.Arrow Electronics, Inc. (NYSE:ARW) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock.
お知らせ • May 09Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the Second Quarter Ending July 4, 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the second quarter ending July 4, 2026. For he period, the company expects consolidated sales of $9.15 billion to $9.75 billion, with global components sales of $6.80 billion to $7.20 billion, and global enterprise computing solutions sales of $2.35 billion to $2.55 billion, and Net income per share on a diluted basis of $3.91 to $4.11.
お知らせ • May 07Arrow Electronics Launches Digital Test Drive Cloud-Based Remote Engineering ServiceArrow Electronics announced the launch of Digital Test Drive, a cloud-based remote engineering service that helps technology developers evaluate hardware faster, reduce costs and improve productivity. Through a secure, private web link, individual users and distributed teams can instantly connect to a pre-set up virtual machine and connect via cloud directly to physical development boards hosted in Arrow’s engineering labs. Users can remotely control evaluation kits, access software environments, run tests and view results in real time. Workshops, training, product demonstrations and live support from Arrow’s technical experts are available. Digital Test Drive simplifies early-stage testing and collaboration by helping eliminate common barriers such as kit availability, shipping delays, customs paperwork, platform comparisons, complex setup and software installation — helping businesses shorten development cycles and accelerate decision-making. Digital Test Drive complements Arrow’s existing Test Drive program that allows customers to borrow physical hardware for on-site evaluation for up to 28 days.
お知らせ • Mar 24Arrow Electronics, Inc., Annual General Meeting, May 12, 2026Arrow Electronics, Inc., Annual General Meeting, May 12, 2026. Location: the inverness denver, a hilton golf and spa resort, 200 inverness drive west, englewood, colorado 80112, United States
Recent Insider Transactions • Feb 14Insider recently sold Mex$14m worth of stockOn the 11th of February, Eric Nowak sold around 5k shares on-market at roughly Mex$2,699 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$32m more than they bought in the last 12 months.
Reported Earnings • Feb 07Full year 2025 earnings releasedFull year 2025 results: Net income: (down US$392.1m from profit in FY 2024).
New Risk • Feb 06New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Shares are highly illiquid. Earnings have declined by 15% per year over the past 5 years.
お知らせ • Feb 06Arrow Electronics, Inc. Provides Consolidated Earnings Guidance for the First Quarter of 2026Arrow Electronics, Inc. provided consolidated earnings guidance for the first quarter of 2026. For the quarter, the company expects Consolidated sales of $7.95 billion to $8.55 billion, with global components sales of $5.75 billion to $6.15 billion, and global enterprise computing solutions sales of $2.20 billion to $2.40 billion. Net income per share on a diluted basis of $2.13 to $2.33.
お知らせ • Oct 31Arrow Electronics, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2025Arrow Electronics, Inc. provided earnings guidance for the fourth quarter ending December 31, 2025. For the quarter, the company expected consolidated sales of $7.80 billion to $8.40 billion, with global components sales of $5.10 billion to $5.50 billion, and global enterprise computing solutions sales of $2.70 billion to $2.90 billion; Net income per share on a diluted basis of $3.08 to $3.28.
お知らせ • Oct 22Arrow Electronics, Inc. to Report Q3, 2025 Results on Oct 30, 2025Arrow Electronics, Inc. announced that they will report Q3, 2025 results at 12:30 PM, US Eastern Standard Time on Oct 30, 2025
お知らせ • Sep 17+ 1 more updateArrow Electronics, Inc. Announces CEO Changes, Effective September 16, 2025Arrow Electronics, Inc. announced that William (“Bill”) F. Austen, member of Arrow’s Board of Directors, has been named Interim President and CEO, effective September 16, 2025. Mr. Austen will succeed Sean Kerins, who separated from his roles as CEO of the Company effective September 16, 2025. The Board is launching a search for a permanent President and CEO. Mr. Austen has served as a Director since May 15, 2020. Mr. Austen served as president, chief executive officer, and director of Bemis Company, Inc., a leading global manufacturer of flexible packaging products and pressure-sensitive materials, for six years prior to June 2019. From 2013 to 2014, he served as Bemis’ executive vice president of operations and chief operating officer. From 2000 to 2013, Mr. Austen held roles of increasing executive and operational leadership responsibilities with Bemis and Bemis’ divisions. Mr. Austen also served on the Board of Directors of Tenant Company and Arconic Corporation from 2007 through 2022 and 2020 through 2023 respectively. Mr. Kerins has agreed to provide continued assistance to the Company to support transition efforts. His separation is unrelated to Arrow’s financial statements.
お知らせ • Aug 30Arrow Electronics, Inc. Announces Executive Changes, Effective as of August 29, 2025On and effective as of August 29, 2025, (Effective Date) Arrow Electronics, Inc. appointed Brandon M. Brewbaker, age 41, as the Company’s Vice President, Chief Accounting Officer and Corporate Financial Planning and Analysis. As of the Effective Date, Mr. Brewbaker succeeds Yun S. Cho as principal accounting officer of the Company. Following the Effective Date, Mr. Cho will remain employed by the Company through February 20, 2026, to ensure a smooth transition. This transition and Mr. Cho’s departure are not the result of any disagreement between Mr. Cho and the Company with respect to any matter relating to the Company's operations, financial statements, policies, or practices. Mr. Brewbaker has been employed by the Company in various roles for nearly twelve years and has served as the Company’s Vice President, Finance - Financial Planning and Analysis since January 2021. From December 2017 through January 2021, Mr. Brewbaker served as a director in various roles across the Company’s Finance organization. Mr. Brewbaker is a Certified Public Accountant and holds a B.S. in Business Administration from Colorado State University.