Arrow Electronics Named to Fortune’s Most Admired Companies List
Arrow Again Takes Top Position in Its Category
HONG KONG, CHINA – Media OutReach – 24 February 2016 – Arrow Electronics, Inc., (NYSE:ARW) today announced that it has been named to Fortune magazine’s “World’s Most Admired Companies” for the 16th consecutive year. Arrow again topped the list in the “Wholesalers: Electronics and Office Equipment” category based on input from industry executives, directors and analysts.
“Arrow Electronics is honored to again be ranked among the world’s most admired companies,” said Michael J. Long, chairman, president and chief executive officer of Arrow. “Arrow’s dedicated employees around the world, who are committed to guiding innovation forward for our customers and suppliers, make this recognition possible.”
Fortune’s World’s Most Admired Companies list recognizes the companies based on nine “key attributes of reputation,” including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, global competitiveness and quality of products and services