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Avnet, Inc. (AVT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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54.33+0.16 (+0.30%)
At close: 04:00PM EDT
54.33 0.00 (0.00%)
After hours: 04:57PM EDT

Avnet, Inc.

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

Sector(s)Technology
IndustryElectronics & Computer Distribution
Full-time employees15,800

Key executives

NameTitlePayExercisedYear born
Mr. Philip R. GallagherCEO, Member of Executive Board & Director3.61M75.75k1961
Mr. Kenneth A. JacobsonChief Financial Officer1.13MN/A1978
Mr. Michael Ryan McCoySenior VP, General Counsel, Chief Legal Officer & Member of Executive Board1.32MN/A1976
Mr. Ken E. ArnoldSenior VP, Chief People Officer & Member of Executive Board1.1MN/A1964
Ms. Rebeca Obregon-JimenezPresident of Farnell1.2MN/A1969
Ms. Elizabeth A. McMullenSenior Vice President of Global OperationsN/AN/A1960
Mr. Leng-Jin ChanSenior VP & Chief Information Officer847.92kN/A1972
Mr. Joseph BurkeVice President of Treasury & Investor RelationsN/AN/AN/A
Heather VanaSenior Director of CommunicationsN/AN/AN/A
Mr. Ger PurcellSenior Vice President of Information TechnologyN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes 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 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 primarily for industrial applications, 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 1 July 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 10 indicates higher governance risk.