Avnet Recognized for the Fifth Consecutive Year as No. 1 Electronics Wholesaler in Fortune's "World'
Feb 28th 2013 5:51PM
Updated Feb 28th 2013 6:50PM
Avnet Recognized for the Fifth Consecutive Year as No. 1 Electronics Wholesaler in Fortune's"World's Most Admired Companies"
Ranked No. 1 for Exceptional Efforts and Performance Overall in the Wholesalers: Electronics and Office Equipment Category
PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE:AVT), a global value-added technology distributor, was recognized on Fortune magazine's 2013 "World's Most Admired Companies" list. Avnet placed No. 1 for the fifth year in a row in the Wholesalers: Electronics and Office Equipment category. Fortune continues to acknowledge Avnet as a leader in people management, social responsibility, quality of management, and quality of products/services.
"We are honored to be number one in this category for the fifth year in a row," said Rick Hamada, chief executive officer of Avnet, Inc. "Avnet's ranking on Fortune's list of 'World's Most Admired Companies' is very exciting and noteworthy recognition for our team - who consistently focus on accelerating the success of our partners. Our top position on this prestigious list helps reinforce the culture and values we respect, as well as the key strategies we are committed to in driving Avnet's long-term value creation."
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 the Fortune list of "World's Most Admired Companies," visit http://www.fortune.com.
Follow Avnet on Twitter: @Avnet
Connect with Avnet on LinkedIn or Facebook: http://www.linkedin.com/company/2572 or facebook.com/avnetinc
View videos from Avnet and its business partners: http://www.avnetondemand.com/
Read more about Avnet on our blogs: http://blogging.avnet.com/
About Avnet, Inc.
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 30, 2012, Avnet generated revenue of $25.7 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.
KEYWORDS: United States North America Arizona
The article Avnet Recognized for the Fifth Consecutive Year as No. 1 Electronics Wholesaler in Fortune's "World's Most Admired Companies" originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.