Avnet Ranks No. 430 on the 2015 FORTUNE Global 500
July 29 2015 - 11:00AM
Business Wire
Company rises 40+ places on the list of the
world’s largest corporations
Avnet, Inc. (NYSE: AVT), a global technology distributor, today
announced that it ranked No. 430 on the 2015 FORTUNE Global 500, an
annual list of the world’s largest corporations. Based on Avnet’s
$27.5 billion in revenue in fiscal year 2014, the company moved up
44 places from No. 474 previously. Avnet was the only
Phoenix-headquartered company named to the list.
“Avnet’s rise on the FORTUNE Global 500 directly
reflects the dedication of our employees in accelerating the
success of our customers around the world,” said Rick Hamada, CEO
of Avnet, Inc. “This recognition also underscores Avnet’s powerful
combination of local market knowledge and global scale, which
allows us to serve customers efficiently wherever they do
business today while also helping them capitalize on opportunities
for future growth.”
Companies on the FORTUNE Global 500 are ranked by total revenues
for their respective fiscal years. For more information, or to see
the entire list, please visit: http://fortune.com/global500/.
Avnet’s placement on the FORTUNE Global 500 follows this year’s
earlier ranking as No. 108 on the FORTUNE 500 list of the largest
U.S. companies, as well as recognition by FORTUNE as one of the
World’s Most Admired Companies.
Follow Avnet on Twitter: @AvnetConnect with Avnet on Facebook or
LinkedIn: http://www.facebook.com/AvnetInc or
http://www.linkedin.com/company/avnetRead more about Avnet on its
blogs: http://blogging.avnet.com/
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 sales 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150729005421/en/
Brodeur Partners for Avnet, Inc.Marcia Chapman,
480-308-0284mchapman@brodeur.comorAvnet, Inc.Joal Redmond,
480-643-5528Vice President, Public
Relationsjoal.redmond@avnet.com
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