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CEO: Clawbacks Killed Arrow’s ITAD Business

August 2, 2019

Top exec says making a profit from asset disposition got ‘harder and harder’

Arrow Electronics CEO and President Mike Long on Thursday explained the distributor’s decision to scrap its IT asset disposition (ITAD) business, saying the complex matter of reselling old gear and sharing revenue with users, known as “clawback,” became increasingly unprofitable over the past decade.