Dycom Industries appoints Avnet CEO to board of directors

Dycom Industries Inc. (NYSE: DY) appointed Phillip R. Gallagher to its board of directors effective October 7, according to a company statement.

Gallagher serves as chief executive officer of Avnet Inc. (NASDAQ: AVT), a Fortune 500 technology distributor and solutions provider. He has held the CEO position at Avnet since November 2020 and previously served as the company's president of electronic components.

"We are very pleased to welcome Phil to the Dycom Board of Directors," said Richard Sykes, Dycom's independent chairman of the board. "His industry expertise, customer focus and operational experience will bring significant insights and strategic guidance as Dycom continues to enhance its strong market position and deliver durable, long-term value for its shareholders."

Gallagher began his career with Avnet in 1982 and held various executive positions in sales, marketing and operations. He left the company in 2014 to serve as president of Americas sales and marketing at TTI, a distributor of electronic components, before rejoining Avnet in May 2017. He holds a bachelor's degree from Drexel University.

"Phil's unique perspective and proven ability to navigate complex markets will be a tremendous asset as we continue to execute our strategy and build momentum," said Dan Peyovich, Dycom's president and chief executive officer.

Dycom provides specialty contracting services to telecommunications infrastructure and utility industries throughout the United States, including construction, maintenance and fulfillment services for telecommunications providers.

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