Avnet, Inc. logo AVT - Avnet, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
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BUY 6
HOLD 9
SELL 4
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| PRICE TARGET: $87.33 DETAILS
HIGH: $95.00
LOW: $72.00
MEDIAN: $95.00
CONSENSUS: $87.33
DOWNSIDE: 3.72%

About Avnet, Inc. (https://www.avnet.com)

Avnet, Inc., established in Phoenix, Arizona, in 1921, operates as a global technology distributor and solutions provider. The company specializes in marketing, selling, and distributing electronic components, with its business activities structured into two distinct segments: Electronic Components and Farnell. The Electronic Components division is responsible for the marketing, sales, and distribution of a diverse range of electronic components, including semiconductors, interconnect devices, passive and electromechanical components, and other integrated parts sourced from various manufacturers. This segment offers extensive support beyond mere distribution, providing "design chain" services such as technical design solutions for engineers, alongside engineering and technical resources crucial for product design, bill of materials development, and ongoing technical education and training. Additionally, it delivers "supply chain" solutions, offering logistical and support services to original equipment manufacturers (OEMs), electronic manufacturing service (EMS) providers, and electronic component manufacturers. It also provides integrated solutions, which involve the technical design, integration, and assembly of embedded products and systems, primarily for industrial applications. Its offerings extend to innovative embedded display solutions, including both touch and passive display technologies. Furthermore, it develops and manufactures standard board and industrial subsystems, as well as application-specific devices, allowing for the production of systems finely tuned to specific customer requirements. This segment caters to a wide spectrum of markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment is dedicated to distributing kits, tools, electronic and industrial automation components, and test and measurement products, serving engineers and entrepreneurs alike. Avnet maintains a global presence, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.

Key Executives

NAME TITLE DOB SALARY
Philip R. Gallagher Chief Executive Officer, President of Electronic Components, Member of Executive Board & Director 1961 $2,547,546 USD
Kenneth A. Jacobson Chief Financial Officer 1978 $1,188,707 USD
Michael Ryan McCoy Senior Vice President, General Counsel, Chief Legal Officer & Member of Executive Board 1976 $1,019,030 USD
Leng-Jin Chan Senior Vice President & Chief Information Officer 1972 $887,386 USD
Ken E. Arnold Senior Vice President, Chief People Officer & Member of Executive Board 1964 $885,999 USD
Darrel S. Jackson Corporate Secretary
David Jay Youngblood Senior Vice President & Chief Digital Officer 1974
Elizabeth A. McMullen Senior Vice President of Global Operations 1960
Heather Vana Senior Director of Communications
Joseph Burke Vice President of Investor Relations

Company Peers

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