Pros
I worked at Arrow for a graduate school internship. Overall, the company was competent, the hours are reasonable, and most coworkers are friendly, competent individuals. The focus of the organization is finance and sales though, not technology or innovation. So if you are looking for a sales job or a role as a financial analyst, this could be a great opportunity.
Cons
If you aren't in sales or finance, it becomes clear in the company culture that you are less important. Also, if you weren't an athlete at some point in college you probably won't get considered for any high-up position. The "Five Years Out" slogan is nothing more than a glossy multi-million dollar campaign from a New York Ad Agency, and certainly doesn't reflect the culture or philosophy of the organization. Arrow succeeds more on its vast scope of sales and operational efficiency than it does on innovation or moving technology forward. Many of the management philosophies and technology used within the company, especially workflow, marketing, and analytics software, are clearly dated, which doesn't seem to fit with a company pushing "innovation."