Avnet, Inc. (AVT)

50.64 +0.65 (+1.30%) At close: 04:00PM EDT

Avnet, Inc.

2211 South 47th Street
Phoenix, AZ 85034
United States
480 643 2000
https://www.avnet.com

Sector(s): Technology
Industry: Electronics & Computer Distribution
Full Time Employees: 15,462

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Philip R. Gallagher	CEO, Member of Executive Board & Director	3.61M	75.75k	1961
Mr. Kenneth A. Jacobson	Chief Financial Officer	1.13M	N/A	1978
Mr. Michael Ryan McCoy	Senior VP, General Counsel, Chief Legal Officer & Member of Executive Board	1.32M	N/A	1976
Mr. Ken E. Arnold	Senior VP, Chief People Officer & Member of Executive Board	1.1M	N/A	1964
Ms. Rebeca Obregon-Jimenez	President of Farnell	1.2M	N/A	1969
Ms. Elizabeth A. McMullen	Senior Vice President of Global Operations	N/A	N/A	1960
Mr. Leng-Jin Chan	Senior VP & Chief Information Officer	847.92k	N/A	1972
Mr. Joseph Burke	Vice President of Treasury & Investor Relations	N/A	N/A	N/A
Heather Vana	Senior Director of Communications	N/A	N/A	N/A
Mr. Ger Purcell	Senior Vice President of Information Technology	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support, warehousing, and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Corporate Governance

Avnet, Inc.’s ISS Governance QualityScore as of September 1, 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.