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Tuesday, November 10, 2009, 11:30PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Down 0.14%
Avnet Inc. (AVT)At 4:02PM ET: 27.31  Up 0.12 (0.44%)  
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Avnet Inc.
2211 South 47th Street
Phoenix, AZ 85034
United States - Map
Phone: 480-643-2000
Fax: 480-643-7370
Web Site: http://www.avnet.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Services
Industry:Electronics Wholesale
Full Time Employees:12,900

BUSINESS SUMMARY 
Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems worldwide. The company operates in two segments, Electronics Marketing and Technology Solutions. The Electronics Marketing segment markets and sells semiconductors; and interconnect, passive, and electromechanical devices to electronic component manufacturers in various industries, including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military, and aerospace. This segment also offers various value-added services that help customers evaluate, design-in, and procure electronic components of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly, and semiconductor programming. The Technology Solutions segment markets and sells mid-to high-end servers, data storage, and software products; and offers the services required to implement these products and solutions to the value-added reseller channel, original equipment manufacturers (OEM), independent software vendors, system builders, and system integrators. It also provides logistics, financial, marketing, sales, and technical services, including engineering support, systems integration, and configurations. In addition, this segment offers technical design, integration, and assembly to developers of application-specific computing solutions in the non-PC market, including OEMs targeting the medical, telecommunications, industrial, and digital editing markets. The company was founded in 1955 and is headquartered in Phoenix, Arizona.
Key Statistics

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    CORPORATE GOVERNANCE 
    Avnet Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 96.7% of S&P 400 companies and 99.2% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Roy Vallee , 56
    Chairman, Chief Exec. Officer, Member of Management Board and Member of Exec. Committee
    $ 1.27M $ 0
    Mr. Raymond J. Sadowski , 55
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Assistant Sec.
    $ 540.00K $ 0
    Mr. Richard Hamada , 51
    Chief Operating Officer, Sr. VP and Member of Management Board
    $ 727.00K $ 0
    Mr. Harley Feldberg , 56
    Sr. VP, Member of the Management Board and Pres of Avnet Electronics Marketing - Global
    $ 609.00K $ 0
    Mr. David R. Birk , 62
    Chief Legal Officer, Sr. VP, Gen. Counsel and Assistant Sec.
    $ 525.00K $ 0
    Dollar amounts are as of 31-Dec-09 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.
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