Arrow Electronics (ticker: ARW, exchange: New York Stock Exchange (.N))
News Release -
6-Mar-2007
Arrow Electronics Named One of FORTUNE's Most Admired Companies Seventh Consecutive Year for Arrow
MELVILLE, N.Y., March 6 /PRNewswire-FirstCall/ -- FORTUNE has named Arrow
Electronics, Inc. (NYSE: ARW) to its annual ranking of America's Most Admired
Companies, representing the seventh consecutive year it has been recognized by
FORTUNE. The 2007 issue will be available on newsstands on March 19, and is
available online now at http://www.fortune.com.
"We are proud to be recognized for the seventh consecutive year by
FORTUNE," said William E. Mitchell, chairman, president and chief executive
officer, Arrow Electronics. "Being named a Most Admired Company is an
acknowledgement of the dedication and commitment of our 12,000 employees
worldwide. Each and every day they deliver value to our customers, suppliers
and shareholders and this is a tribute to their achievements during the past
year."
FORTUNE's Most Admired list is the definitive report card on corporate
reputation, and is based on research by FORTUNE and its partner, the Hay
Group, a global management consulting firm. FORTUNE and the Hay Group
surveyed a total of 616 companies in 68 industries during the fourth quarter
of 2006.
To create the rankings, more than 13,000 executives, directors and
securities analysts rated companies in their own industry based on the
following eight key attributes: quality of management; quality of products and
services; innovation; long-term investment value; financial soundness; ability
to attract, develop and keep talented people; social responsibility; and use
of corporate assets.
About Arrow Electronics
Arrow Electronics (http://www.arrow.com) is a major global provider of
products, services and solutions to industrial and commercial users of
electronic components and computer products. Headquartered in Melville, N.Y.,
Arrow serves as a supply channel partner for more than 600 suppliers and
140,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of 260 locations in 55 countries
and territories.
CONTACT: Krista McNamara, Manager, Corporate Communications, of Arrow
Electronics, Inc., 1-631-847-5454, or kmcnamara@arrow.com/
SOURCE: Arrow Electronics, Inc.
|