Avnet Ranks No. 108 on the FORTUNE 500 List of Largest Companies

Avnet Ranks No. 108 on the FORTUNE 500 List of Largest Companies

Tops 2015 Fortune 500 List of Companies Headquartered in Arizona

Jun 8, 2015

PHOENIX – FORTUNE Magazine unveiled that global technology distributor Avnet, Inc.(NYSE:AVT) ranked No. 108 on the 2015 FORTUNE 500 list of largest U.S. companies based on the company’s $27.5 billion in sales in fiscal year 2014. Avnet improved its ranking on the list, moving up from No. 117 in 2014. In addition, Avnet was recently recognized byFORTUNE on its “World’s Most Admired Companies” list in the Wholesaler: Electronics category for the ninth year in a row.

“Being recognized on the FORTUNE 500 is a testament to our entire global team and the partnerships we’ve built with customers and suppliers around the world,” said
Rick Hamada, CEO of Avnet, Inc. “It’s also a reflection of our steadfast commitment to profitable growth driven by an unwavering focus on innovative services and solutions for our business partners.”

For the FORTUNE 500, companies are ranked by total revenues for their respective fiscal years. For more information about the list, please visit
http://fortune.com/500.

About Avnet, Inc.
Avnet, Inc. (NYSE:
AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2014, Avnet generated revenue of $27.5 billion. For more information, visit www.avnet.com.

All company and product names may be trademarks of the respective companies with which they are associated.

Media contacts:
Marcia Chapman
Brodeur Partners, for Avnet
480-308-0284
mchapman@brodeur.com

Joal Redmond
Vice President, Public Relations
Avnet, Inc.
480-643-5528
joal.redmond@avnet.com

Tech Data Key Facts

  • 43 years in IT distribution
  • $26.2 billion in sales for fiscal 2017
  • Publicly Traded (NasdaqGS: TECD)
  • Ranked No. 107 on the FORTUNE 500
  • 115,000+ IT reseller customers
  • 150,000+ IT products sold
  • Operations in 40+ countries
  • 100+ countries served
  • 14,000+ employees worldwide
  • Named one of FORTUNE's "World's Most Admired Companies"

 

Why Choose Tech Data?

  • Tech Data is an efficient and cost-effective sales and marketing channel helping suppliers reach a broad base of customers
  • Tech Data’s state-of-the-art logistics system manage a high volume of transactions and complex information flows to ensure accurate and timely product delivery
  • Tech Data's supply chain management solutions reduce customers' working capital and inventory risk
  • Tech Data’s value-added solutions for design chain management help customers reduce cycle time and lower costs
  • Tech Data’s experienced technical customer support teams ensure the highest quality solutions and product are utilized by the customer