Dave Doherty succeeds to Mark Larson as Digi-Key’s CEO

Dave Doherty succeeds to Mark Larson as Digi-Key’s CEO

Business news |
By eeNews Europe

After a 39 year run at the company, Larson will join Founder Ron Stordahl in a board-level role as Vice Chairman where he will serve as a company advisor.

Dave Doherty will fill Larson’s former role of President and COO, reporting to Ron Stordahl. The transition will be effective July 1, 2015. Since joining Digi-Key in 1976 Larson has led the company from USD 800,000 to USD 1,760,000,000 in annual global sales revenue, and from 14 employees based in Thief River Falls to more than 3,400 employees globally.

An industry icon, Larson was inducted in the IDEA Hall of Fame in 2013 and into the Minnesota Business Hall of Fame in 2014.

This year, he was awarded the Elektra European Electronic Industry Lifetime Achievement Award and as well as the electronic component industry’s greatest acknowledgement, the Gail S. Carter Award, which pays tribute to Larson for his accomplishments and his contribution to the electronics industry.

Visit Digi-Key Electronics at

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