Avnet, Inc.

NasdaqGS:AVT Stock Report

Market Cap: US$4.6b

Avnet Management

Management criteria checks 3/4

Avnet's CEO is Phil Gallagher, appointed in Aug 2017, has a tenure of 7.25 years. total yearly compensation is $8.78M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $7.41M. The average tenure of the management team and the board of directors is 4.6 years and 5.5 years respectively.

Key information

Phil Gallagher

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage13.7%
CEO tenure7.3yrs
CEO ownership0.2%
Management average tenure4.6yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Avnet: Declining Demand And Escalating Competition Pose Challenges Ahead

Nov 07

Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt

Oct 24
Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt

Improved Earnings Required Before Avnet, Inc. (NASDAQ:AVT) Shares Find Their Feet

Oct 09
Improved Earnings Required Before Avnet, Inc. (NASDAQ:AVT) Shares Find Their Feet

Slowing Rates Of Return At Avnet (NASDAQ:AVT) Leave Little Room For Excitement

Sep 06
Slowing Rates Of Return At Avnet (NASDAQ:AVT) Leave Little Room For Excitement

Avnet's (NASDAQ:AVT) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 22
Avnet's (NASDAQ:AVT) Shareholders Will Receive A Bigger Dividend Than Last Year

Avnet: Requires A Few More Quarters Before Reaching The Trough

Jul 02

Benign Growth For Avnet, Inc. (NASDAQ:AVT) Underpins Its Share Price

Jul 01
Benign Growth For Avnet, Inc. (NASDAQ:AVT) Underpins Its Share Price

What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?

Jun 15
What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?

Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt

May 23
Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt

Avnet, Inc. (NASDAQ:AVT) Just Reported And Analysts Have Been Cutting Their Estimates

May 08
Avnet, Inc. (NASDAQ:AVT) Just Reported And Analysts Have Been Cutting Their Estimates

Avnet (NASDAQ:AVT) Might Have The Makings Of A Multi-Bagger

Apr 24
Avnet (NASDAQ:AVT) Might Have The Makings Of A Multi-Bagger

Why Investors Shouldn't Be Surprised By Avnet, Inc.'s (NASDAQ:AVT) Low P/E

Mar 21
Why Investors Shouldn't Be Surprised By Avnet, Inc.'s (NASDAQ:AVT) Low P/E

Is Avnet, Inc. (NASDAQ:AVT) Trading At A 30% Discount?

Feb 22
Is Avnet, Inc. (NASDAQ:AVT) Trading At A 30% Discount?

Avnet: Worsening Financial Performance With No Imminent Signs Of Recovery

Feb 03

Avnet (NASDAQ:AVT) Takes On Some Risk With Its Use Of Debt

Feb 01
Avnet (NASDAQ:AVT) Takes On Some Risk With Its Use Of Debt

Should You Investigate Avnet, Inc. (NASDAQ:AVT) At US$49.18?

Jan 03
Should You Investigate Avnet, Inc. (NASDAQ:AVT) At US$49.18?

Avnet, Inc.'s (NASDAQ:AVT) Earnings Are Not Doing Enough For Some Investors

Dec 20
Avnet, Inc.'s (NASDAQ:AVT) Earnings Are Not Doing Enough For Some Investors

Should You Be Adding Avnet (NASDAQ:AVT) To Your Watchlist Today?

Dec 07
Should You Be Adding Avnet (NASDAQ:AVT) To Your Watchlist Today?

Increases to CEO Compensation Might Be Put On Hold For Now at Avnet, Inc. (NASDAQ:AVT)

Nov 10
Increases to CEO Compensation Might Be Put On Hold For Now at Avnet, Inc. (NASDAQ:AVT)

Returns On Capital Are Showing Encouraging Signs At Avnet (NASDAQ:AVT)

Nov 08
Returns On Capital Are Showing Encouraging Signs At Avnet (NASDAQ:AVT)

Here's Why Avnet (NASDAQ:AVT) Has A Meaningful Debt Burden

Oct 11
Here's Why Avnet (NASDAQ:AVT) Has A Meaningful Debt Burden

What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?

Sep 27
What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?

We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease

Sep 01
We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease

Is Avnet, Inc. (NASDAQ:AVT) Trading At A 35% Discount?

Aug 01
Is Avnet, Inc. (NASDAQ:AVT) Trading At A 35% Discount?

Investors Will Want Avnet's (NASDAQ:AVT) Growth In ROCE To Persist

Jul 20
Investors Will Want Avnet's (NASDAQ:AVT) Growth In ROCE To Persist

Does Avnet (NASDAQ:AVT) Have A Healthy Balance Sheet?

Jul 03
Does Avnet (NASDAQ:AVT) Have A Healthy Balance Sheet?

Is It Too Late To Consider Buying Avnet, Inc. (NASDAQ:AVT)?

Jun 21
Is It Too Late To Consider Buying Avnet, Inc. (NASDAQ:AVT)?

If EPS Growth Is Important To You, Avnet (NASDAQ:AVT) Presents An Opportunity

May 26
If EPS Growth Is Important To You, Avnet (NASDAQ:AVT) Presents An Opportunity

The Return Trends At Avnet (NASDAQ:AVT) Look Promising

Apr 03
The Return Trends At Avnet (NASDAQ:AVT) Look Promising

Avnet (NASDAQ:AVT) Has A Somewhat Strained Balance Sheet

Mar 21
Avnet (NASDAQ:AVT) Has A Somewhat Strained Balance Sheet

Estimating The Fair Value Of Avnet, Inc. (NASDAQ:AVT)

Mar 08
Estimating The Fair Value Of Avnet, Inc. (NASDAQ:AVT)

At US$45.43, Is Avnet, Inc. (NASDAQ:AVT) Worth Looking At Closely?

Feb 22
At US$45.43, Is Avnet, Inc. (NASDAQ:AVT) Worth Looking At Closely?

We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease

Jan 07
We Ran A Stock Scan For Earnings Growth And Avnet (NASDAQ:AVT) Passed With Ease

Returns At Avnet (NASDAQ:AVT) Are On The Way Up

Dec 20
Returns At Avnet (NASDAQ:AVT) Are On The Way Up

Are Investors Undervaluing Avnet, Inc. (NASDAQ:AVT) By 49%?

Nov 24
Are Investors Undervaluing Avnet, Inc. (NASDAQ:AVT) By 49%?

Is Now An Opportune Moment To Examine Avnet, Inc. (NASDAQ:AVT)?

Nov 11
Is Now An Opportune Moment To Examine Avnet, Inc. (NASDAQ:AVT)?

CEO Compensation Analysis

How has Phil Gallagher's remuneration changed compared to Avnet's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 28 2024n/an/a

US$348m

Jun 29 2024US$9mUS$1m

US$499m

Mar 30 2024n/an/a

US$571m

Dec 30 2023n/an/a

US$670m

Sep 30 2023n/an/a

US$796m

Jul 01 2023US$10mUS$1m

US$771m

Apr 01 2023n/an/a

US$862m

Dec 31 2022n/an/a

US$858m

Oct 01 2022n/an/a

US$765m

Jul 02 2022US$8mUS$1m

US$692m

Apr 02 2022n/an/a

US$531m

Jan 01 2022n/an/a

US$455m

Oct 02 2021n/an/a

US$323m

Jul 03 2021US$6mUS$959k

US$193m

Apr 03 2021n/an/a

US$160m

Jan 02 2021n/an/a

-US$76m

Oct 03 2020n/an/a

-US$92m

Jun 27 2020US$2mUS$565k

-US$31m

Mar 28 2020n/an/a

-US$118m

Dec 28 2019n/an/a

US$105m

Sep 28 2019n/an/a

US$138m

Jun 29 2019US$2mUS$565k

US$176m

Mar 30 2019n/an/a

US$273m

Dec 29 2018n/an/a

-US$138m

Sep 29 2018n/an/a

-US$118m

Jun 30 2018US$2mUS$515k

-US$143m

Compensation vs Market: Phil's total compensation ($USD8.78M) is above average for companies of similar size in the US market ($USD6.60M).

Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.

CEO

Phil Gallagher (63 yo)

7.3yrs

Tenure

US$8,775,978

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 and serves as its President of Electr...

Leadership Team

NamePositionTenureCompensationOwnership
Philip Gallagher
CEO, President of Electronic Components7.3yrsUS$8.78m0.16%
$ 7.4m
Kenneth Jacobson
Chief Financial Officer2.2yrsUS$2.39m0.039%
$ 1.8m
Michael McCoy
Senior VP4.6yrsUS$2.20m0.034%
$ 1.6m
Ken Arnold
Senior VP5.8yrsUS$1.80m0.021%
$ 961.5k
Leng-Jin Chan
Senior VP & Chief Information Officer5.3yrsUS$1.55m0.016%
$ 730.4k
Elizabeth McMullen
Senior Vice President of Global Operations4yrsno data0.0083%
$ 382.0k
Joseph Burke
Vice President of Treasury & Investor Relationsno datano datano data
Heather Vana
Senior Director of Communicationsno datano datano data
David Youngblood
Chief Digital Officerless than a yearno datano data
Prince Yun
President of Avnet Asia Pacific5.3yrsno datano data
Darrel Jackson
Corporate Secretaryno datano datano data
Dayna Badhorn
Regional President for Americas Electronics Components2.8yrsno datano data

4.6yrs

Average Tenure

56yo

Average Age

Experienced Management: AVT's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Philip Gallagher
CEO, President of Electronic Components4yrsUS$8.78m0.16%
$ 7.4m
Carlo Bozotti
Independent Director5yrsUS$296.25k0.013%
$ 614.6k
James Lawrence
Independent Director13.5yrsUS$290.00k0%
$ 0
Ernest Maddock
Independent Director3.3yrsUS$296.25k0.0061%
$ 279.6k
Oleg Khaykin
Independent Director6.5yrsUS$302.50k0.010%
$ 477.5k
Rodney Adkins
Independent Chairman9.4yrsUS$515.00k0.038%
$ 1.8m
Avid Modjtabai
Independent Director10yrsUS$295.00k0.044%
$ 2.0m
Brenda Freeman
Independent Director6yrsUS$287.50k0%
$ 0
Adalio Sanchez
Independent Director5yrsUS$280.00k0.024%
$ 1.1m
Virginia Henkels
Independent Directorless than a yearno data0.0015%
$ 67.4k
Jo Jenkins
Independent Director6.3yrsUS$290.00k0.029%
$ 1.4m
Helmut Gassel
Independent Directorless than a yearno data0.0015%
$ 67.4k

5.5yrs

Average Tenure

64yo

Average Age

Experienced Board: AVT's board of directors are considered experienced (5.5 years average tenure).