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Avnet, Inc. (AVT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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44.99-0.68 (-1.49%)
At close: 04:00PM EST
44.99 0.00 (0.00%)
After hours: 04:17PM EST

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 employees15,300

Key executives

NameTitlePayExercisedYear born
Mr. Philip R. GallagherCEO, Member of Exec. Board & Director3.9MN/A1961
Mr. Michael Ryan McCoySr. VP, Gen. Counsel, Chief Legal Officer & Member of Exec. Board1.29MN/A1976
Mr. Ken E. ArnoldSr. VP, Chief People Officer & Member of Exec. Board1.11MN/A1964
Mr. Leng-Jin ChanSr. VP & Chief Information Officer847.92kN/A1972
Mr. Thomas LiguoriSr. Advisor1.59MN/A1959
Mr. Kenneth A. JacobsonController, Principal Accounting Officer & CFON/AN/A1978
Ms. Elizabeth A. McMullenSr. VP of Global OperationsN/AN/A1960
Mr. Joseph BurkeVP of Treasury & Investor RelationsN/AN/AN/A
Heather VanaSr. Director of CommunicationsN/AN/AN/A
Mr. Ger PurcellSr. VP of Information TechnologyN/AN/AN/A
Amounts are as of 31 December 2022, 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., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; 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 integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent and innovative embedded display solutions comprising touch and passive displays. Further, it 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 the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Corporate governance

Avnet, Inc.’s ISS governance QualityScore as of 28 November 2022 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 1; 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.