Arrow Electronics, Inc., (NYSE:ARW) today announced that it has been named to the Fortune magazine “World’s Most Admired Companies” for the 14th consecutive year. Arrow topped the list in the “Wholesalers: Electronics and Office Equipment” category based on input from peer companies and industry influencers.
“Arrow is honored to be included once again on this prestigious list of top corporations and to be seen as the most respected by those in our industry,” said Michael J. Long, chairman, president and chief executive officer, Arrow. “This recognition is a testament to Arrow’s long-standing commitment to guiding innovation forward for our customers worldwide.”
Ranked 141 among Fortune 500 companies, Arrow’s customers include many of the world’s leading innovators of technology used in homes, business and daily life. The company helps them introduce new products, reduce time to market and enhance their overall effectiveness. The company brings electronics and enterprise computing solutions to industrial and commercial markets, and specializes in redeploying, remarketing and recycling technology equipment.
Fortune’s World’s Most Admired Companies list recognizes the largest companies from 30 countries representing 57 industries based on criteria evaluating corporate reputation. Executives, directors and analysts rate companies in nine ”key attributes of reputation,” including innovation, quality of products and services, quality of management, financial soundness, long-term investment, global competitiveness, people management, use of corporate assets and social responsibility.
Arrow received the highest scores in each of these key attributes among the other companies in its industry category.
About Arrow Electronics
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 58 countries.