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Avnet, Inc. (AVT)

-NYSE
44.27 0.42(0.94%) Aug 28, 4:01PM EDT
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Avnet, Inc.
2211 South 47th Street
Phoenix, AZ 85034
United States - Map
Phone: 480-643-2000
Website: http://www.avnet.com

Details 
Index Membership:N/A
Sector:Services
Industry:Electronics Wholesale
Full Time Employees:19,000

Business Summary 

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. It operates through two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products for the electronic component manufacturers, as well as offers an array of value-added services that enable customers to evaluate, design-in, and procure electronic components throughout the lifecycle of their technology products and systems. This segment offers its products and services to various customer base serving automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defense and aerospace end-markets. The TS segment distributes enterprise computing servers and systems, software, storage, services, and complex solutions; and provides hard disk drives, microprocessors, motherboards, and DRAM module technologies to manufacturers of general-purpose computers and system builders. It also partners with its customers and suppliers to create and deliver data center and IT lifecycle solutions that solve the business challenges of end-user customers, as well as offers businesses, IT lifecycle, education, cloud, and managed solutions. This segment serves value-added resellers, system integrators, and independent software vendors, as well as original equipment manufacturers (OEMs) for computing technology and non-PC OEMs requiring embedded systems and solutions. The company was founded in 1955 and is headquartered in Phoenix, Arizona.

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Corporate Governance 
Avnet, Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Richard P. Hamada , 56
Chairman of Exec. Board, Chief Exec. Officer, Chairman of Global Exec. Council and Director
1.38M0.00
Mr. Kevin Moriarty , 49
Chief Financial Officer, Sr. VP, Controller, Assistant Sec. and Member of Exec. Board
737.00K0.00
Mr. Philip R. Gallagher , 53
Sr. VP, Member of Exec. Board and Global Pres of Avnet Technology Solutions
779.00K0.00
Ms. MaryAnn G. Miller , 57
Chief HR Officer & Corp. Communications, Sr. VP and Member of Exec. Board
592.00K0.00
Mr. Steven R. Phillips , 51
Chief Information Officer, Sr. VP and Member of Exec. Board
N/AN/A
Amounts are as of Dec 31, 2013 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.
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