Avnet Recognized on Fortune’s 2014 “World’s Most Admired Companies” List

 

Mar 4, 2014

PHOENIX – Avnet, Inc. (NYSE: AVT), a leading global technology distributor, was recognized for the eighth year in a row on Fortune magazine's “World's Most Admired Companies” list for 2014 in the Wholesalers: Electronics and Office Equipment category. Fortune continues to acknowledge Avnet’s strengths in people management, use of corporate assets, quality of management, financial soundness, long-term investment, and quality of products/services.

“Avnet thrives on helping technology make the world a better place to live, work and play,” said Rick Hamada, chief executive officer of Avnet, Inc. “Our inclusion on Fortune’s list of the ‘World’s Most Admired Companies’ validates our commitment to be the premier partner of choice for our customers, suppliers, employees and shareholders. We are honored by this ongoing recognition, and it motivates our dedicated, global team of employees to continue accelerating the success of our customers and business partners around the world.”

Fortune's rankings, described as the “definitive report card on corporate reputations,” are based on a survey of executives, directors and analysts who are asked to rate companies in their own industry on specific criteria from investment value to social responsibility. Only the best are listed – a company's score must rank in the top half of its industry survey to be on the “most admired” list. For more information about Fortune’s list of the “World’s Most Admired Companies,” visit http://www.fortune.com.

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About Avnet
Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 29, 2013, Avnet generated revenue of $25.5 billion. For more information, visit www.avnet.com.

All company and product names may be trademarks of the respective companies with which they are associated.

Contacts
Brodeur Partners for Avnet, Inc.
Sonia Bovio, +1 480-308-0281
sbovio@brodeur.com

or

Avnet, Inc.
Joal Redmond
Vice President, Public Relations
+1 480-643-5528
joal.redmond@avnet.com

 

Tech Data Key Facts

  • 43 years in IT distribution
  • $26.2 billion in sales for fiscal 2017
  • Publicly Traded (NasdaqGS: TECD)
  • Ranked No. 107 on the FORTUNE 500
  • 115,000+ IT reseller customers
  • 150,000+ IT products sold
  • Operations in 40+ countries
  • 100+ countries served
  • 14,000+ employees worldwide
  • Named one of FORTUNE's "World's Most Admired Companies"

 

Why Choose Tech Data?

  • Tech Data is an efficient and cost-effective sales and marketing channel helping suppliers reach a broad base of customers
  • Tech Data’s state-of-the-art logistics system manage a high volume of transactions and complex information flows to ensure accurate and timely product delivery
  • Tech Data’s value-added solutions for design chain management help customers reduce cycle time and lower costs
  • Tech Data’s experienced technical customer support teams ensure the highest quality solutions and product are utilized by the customer