Avnet Management
Management criteria checks 3/4
Avnet's CEO is Phil Gallagher, appointed in Aug 2017, has a tenure of 6.67 years. total yearly compensation is $9.72M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $9.95M. The average tenure of the management team and the board of directors is 4.8 years and 5.5 years respectively.
Key information
Phil Gallagher
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.8yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Avnet (NASDAQ:AVT) Might Have The Makings Of A Multi-Bagger
Apr 24
Why Investors Shouldn't Be Surprised By Avnet, Inc.'s (NASDAQ:AVT) Low P/E
Mar 21Is Avnet, Inc. (NASDAQ:AVT) Trading At A 30% Discount?
Feb 22Avnet: Worsening Financial Performance With No Imminent Signs Of Recovery
Feb 03Avnet (NASDAQ:AVT) Takes On Some Risk With Its Use Of Debt
Feb 01Should You Investigate Avnet, Inc. (NASDAQ:AVT) At US$49.18?
Jan 03Avnet, Inc.'s (NASDAQ:AVT) Earnings Are Not Doing Enough For Some Investors
Dec 20Should You Be Adding Avnet (NASDAQ:AVT) To Your Watchlist Today?
Dec 07Increases to CEO Compensation Might Be Put On Hold For Now at Avnet, Inc. (NASDAQ:AVT)
Nov 10Returns On Capital Are Showing Encouraging Signs At Avnet (NASDAQ:AVT)
Nov 08Here's Why Avnet (NASDAQ:AVT) Has A Meaningful Debt Burden
Oct 11What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?
Sep 27We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease
Sep 01Is Avnet, Inc. (NASDAQ:AVT) Trading At A 35% Discount?
Aug 01Investors Will Want Avnet's (NASDAQ:AVT) Growth In ROCE To Persist
Jul 20Does Avnet (NASDAQ:AVT) Have A Healthy Balance Sheet?
Jul 03Is It Too Late To Consider Buying Avnet, Inc. (NASDAQ:AVT)?
Jun 21If EPS Growth Is Important To You, Avnet (NASDAQ:AVT) Presents An Opportunity
May 26The Return Trends At Avnet (NASDAQ:AVT) Look Promising
Apr 03Avnet (NASDAQ:AVT) Has A Somewhat Strained Balance Sheet
Mar 21Estimating The Fair Value Of Avnet, Inc. (NASDAQ:AVT)
Mar 08At US$45.43, Is Avnet, Inc. (NASDAQ:AVT) Worth Looking At Closely?
Feb 22We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease
Jan 07Returns At Avnet (NASDAQ:AVT) Are On The Way Up
Dec 20Are Investors Undervaluing Avnet, Inc. (NASDAQ:AVT) By 49%?
Nov 24Is Now An Opportune Moment To Examine Avnet, Inc. (NASDAQ:AVT)?
Nov 11Avnet (NASDAQ:AVT) Seems To Use Debt Quite Sensibly
Oct 19Do Avnet's (NASDAQ:AVT) Earnings Warrant Your Attention?
Oct 05Returns Are Gaining Momentum At Avnet (NASDAQ:AVT)
Sep 19Avnet: Enjoys Margin Expansion At Today's Inflationary Environment
Sep 14Avnet names Ken Jacobson as its next CFO
Sep 06Avnet (NASDAQ:AVT) Is Increasing Its Dividend To $0.29
Sep 04Avnet raises dividend by 11.5% to $0.29/share
Aug 31Avnet Non-GAAP EPS of $2.07 beats by $0.08, revenue of $6.37B beats by $80M
Aug 10Avnet: Volatility Is Playing Well For Shareholders
Aug 04Estimating The Fair Value Of Avnet, Inc. (NASDAQ:AVT)
Jul 20Avnet names Kenneth Jacobson as new CFO
Jul 11Is It Too Late To Consider Buying Avnet, Inc. (NASDAQ:AVT)?
Jul 013 Tech Stocks With Upside Potential
Jun 28Does Avnet (NASDAQ:AVT) Deserve A Spot On Your Watchlist?
Jun 16Avnet (NASDAQ:AVT) Has A Pretty Healthy Balance Sheet
Jun 02Investors Will Want Avnet's (NASDAQ:AVT) Growth In ROCE To Persist
May 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 30 2023 | n/a | n/a | US$670m |
| Sep 30 2023 | n/a | n/a | US$796m |
| Jul 01 2023 | US$10m | US$1m | US$771m |
| Apr 01 2023 | n/a | n/a | US$862m |
| Dec 31 2022 | n/a | n/a | US$858m |
| Oct 01 2022 | n/a | n/a | US$765m |
| Jul 02 2022 | US$8m | US$1m | US$692m |
| Apr 02 2022 | n/a | n/a | US$531m |
| Jan 01 2022 | n/a | n/a | US$455m |
| Oct 02 2021 | n/a | n/a | US$323m |
| Jul 03 2021 | US$6m | US$959k | US$193m |
| Apr 03 2021 | n/a | n/a | US$160m |
| Jan 02 2021 | n/a | n/a | -US$76m |
| Oct 03 2020 | n/a | n/a | -US$92m |
| Jun 27 2020 | US$2m | US$565k | -US$31m |
| Mar 28 2020 | n/a | n/a | -US$118m |
| Dec 28 2019 | n/a | n/a | US$105m |
| Sep 28 2019 | n/a | n/a | US$138m |
| Jun 29 2019 | US$2m | US$565k | US$176m |
| Mar 30 2019 | n/a | n/a | US$273m |
| Dec 29 2018 | n/a | n/a | -US$138m |
| Sep 29 2018 | n/a | n/a | -US$118m |
| Jun 30 2018 | US$2m | US$515k | -US$143m |
Compensation vs Market: Phil's total compensation ($USD9.72M) is above average for companies of similar size in the US market ($USD6.57M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
CEO
Phil Gallagher (62 yo)
6.7yrs
Tenure
US$9,716,827
Compensation
Mr. Philip R. Gallagher, also known as Phil, has been the Chief Executive Officer of Avnet, Inc. since November 23, 2020 and serves as its Director Since November 2020. He serves as Member of Executive Boa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 6.7yrs | US$9.72m | 0.23% $ 10.0m | |
| Chief Financial Officer | 1.6yrs | US$2.31m | 0.024% $ 1.0m | |
| Senior VP | 4yrs | US$2.33m | 0.039% $ 1.7m | |
| Senior VP | 5.2yrs | US$2.07m | 0.035% $ 1.5m | |
| Senior VP of Strategic Business Engagements & Supplier Management | 1.3yrs | US$1.72m | 0.0042% $ 182.6k | |
| Senior Vice President of Global Operations | 3.4yrs | no data | 0.011% $ 501.5k | |
| Senior VP & Chief Information Officer | 4.8yrs | US$1.26m | 0.018% $ 799.8k | |
| Vice President of Treasury & Investor Relations | no data | no data | no data | |
| Senior Director of Communications | no data | no data | no data | |
| Senior Vice President of Information Technology | 10.3yrs | no data | no data | |
| President of Avnet Asia Pacific | 4.8yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data |
4.8yrs
Average Tenure
53yo
Average Age
Experienced Management: AVT's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of Executive Board & Director | 3.4yrs | US$9.72m | 0.23% $ 10.0m | |
| Independent Director | 4.4yrs | US$305.00k | 0.023% $ 997.3k | |
| Independent Director | 12.9yrs | US$300.00k | 0.0040% $ 176.5k | |
| Independent Director | 2.7yrs | US$287.50k | 0.0058% $ 255.3k | |
| Independent Director | 5.9yrs | US$302.50k | 0.010% $ 436.2k | |
| Independent Chairman | 8.8yrs | US$460.00k | 0.037% $ 1.6m | |
| Independent Director | 9.4yrs | US$295.00k | 0.042% $ 1.9m | |
| Independent Director | 5.4yrs | US$287.50k | 0% $ 0 | |
| Independent Director | 4.4yrs | US$280.00k | 0.023% $ 997.3k | |
| Independent Director | 5.7yrs | US$280.00k | 0.028% $ 1.2m |
5.5yrs
Average Tenure
64yo
Average Age
Experienced Board: AVT's board of directors are considered experienced (5.5 years average tenure).