Avnet Management
Management criteria checks 3/4
Avnet's CEO is Phil Gallagher, appointed in Aug 2017, has a tenure of 7.33 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 $7.39M. The average tenure of the management team and the board of directors is 4.7 years and 6.2 years respectively.
Key information
Phil Gallagher
Chief executive officer
US$8.8m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.7yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
Avnet: Declining Demand And Escalating Competition Pose Challenges Ahead
Nov 07Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt
Oct 24
Improved Earnings Required Before Avnet, Inc. (NASDAQ:AVT) Shares Find Their Feet
Oct 09Slowing Rates Of Return At Avnet (NASDAQ:AVT) Leave Little Room For Excitement
Sep 06Avnet's (NASDAQ:AVT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22Avnet: Requires A Few More Quarters Before Reaching The Trough
Jul 02Benign Growth For Avnet, Inc. (NASDAQ:AVT) Underpins Its Share Price
Jul 01What Does Avnet, Inc.'s (NASDAQ:AVT) Share Price Indicate?
Jun 15Avnet (NASDAQ:AVT) Seems To Be Using A Lot Of Debt
May 23Avnet, Inc. (NASDAQ:AVT) Just Reported And Analysts Have Been Cutting Their Estimates
May 08Avnet (NASDAQ:AVT) Might Have The Makings Of A Multi-Bagger
Apr 24Why 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 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$348m |
| Jun 29 2024 | US$9m | US$1m | US$499m |
| Mar 30 2024 | n/a | n/a | US$571m |
| 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$143m |
Compensation vs Market: Phil's total compensation ($USD8.78M) is above average for companies of similar size in the US market ($USD6.66M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President of Electronic Components | 7.3yrs | US$8.78m | 0.16% $ 7.4m | |
| Chief Financial Officer | 2.3yrs | US$2.39m | 0.039% $ 1.8m | |
| Senior VP | 4.7yrs | US$2.20m | 0.034% $ 1.6m | |
| Senior VP | 5.8yrs | US$1.80m | 0.021% $ 958.8k | |
| Senior VP & Chief Information Officer | 5.4yrs | US$1.55m | 0.016% $ 728.3k | |
| Senior Vice President of Global Operations | 4.1yrs | no data | 0.0083% $ 381.0k | |
| Vice President of Treasury & Investor Relations | no data | no data | no data | |
| Senior Director of Communications | no data | no data | no data | |
| Chief Digital Officer | less than a year | no data | no data | |
| President of Avnet Asia Pacific | 5.4yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Regional President for Americas Electronics Components | 2.9yrs | no data | no data |
4.7yrs
Average Tenure
56yo
Average Age
Experienced Management: AVT's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President of Electronic Components | 4.1yrs | US$8.78m | 0.16% $ 7.4m | |
| Independent Director | 3.3yrs | US$296.25k | 0.0061% $ 278.8k | |
| Independent Director | 6.6yrs | US$302.50k | 0.010% $ 476.2k | |
| Independent Chairman | 9.5yrs | US$515.00k | 0.038% $ 1.7m | |
| Independent Director | 10.1yrs | US$295.00k | 0.044% $ 2.0m | |
| Independent Director | 6.1yrs | US$287.50k | 0% $ 0 | |
| Independent Director | 5.1yrs | US$280.00k | 0.024% $ 1.1m | |
| Independent Director | 6.3yrs | US$290.00k | 0.029% $ 1.4m |
6.2yrs
Average Tenure
64yo
Average Age
Experienced Board: AVT's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:40 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/06/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Avnet, Inc. is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Ruplu Bhattacharya | BofA Global Research |
| Ananda Baruah | Brean Capital |