Avnet Ranks among FORTUNE Magazine’s “World’s Most Admired Companies”

Named to annual list for 10 consecutive years

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT), a leading global technology distributor, was named to FORTUNE magazine’s “World’s Most Admired Companies” list for 2016 in the wholesalers: electronics and office equipment category. FORTUNE continues to recognize Avnet for its management and leadership in key areas, such as investment value, financial strength, quality and social responsibility.

“Avnet’s recognition as one of FORTUNE magazine’s ‘World’s Most Admired Companies’ for the tenth year is a testament to the commitment of our global team,” said Rick Hamada, chief executive officer, Avnet, Inc. “Our employees’ passion, expertise and ‘can do’ attitude have earned us a reputation for excellence in customer service, innovation and quality. This continued recognition by FORTUNE reflects our sustained focus on accelerating the success of our customers, suppliers and shareholders through strategic investments that drive long-term value creation.”

FORTUNE rankings are considered the “definitive report card on corporate reputations,” and they are based on surveys completed by executives, directors and analysts. Within the surveys, participants are asked to rate companies in their industry based on specific criteria from investment value to social responsibility.

To make the list a company’s score must rank in the top half of their industry. For more information on the FORTUNE “Most Admired Companies,” visit http://www.fortune.com.

Follow Avnet on Twitter: @AvnetConnect with Avnet on LinkedIn or Facebook: http://www.linkedin.com/company/avnet or http://facebook.com/avnetincRead more about Avnet on our blogs: http://blogging.avnet.com/

About Avnet, Inc.

From components to cloud and design to disposal, Avnet, Inc. (NYSE: AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions. Avnet is a Fortune 500 company with revenues of $27.9 billion for the fiscal year 2015. For more information, visit www.avnet.com.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20160219005939/en/

Brodeur Partners for Avnet, Inc.
Marcia Chapman, +1-480-308-0284
[email protected]
or
Avnet, Inc.
Joal Redmond, +1-480-643-5528
Vice President, Public Relations
[email protected]

Source: Avnet, Inc.

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