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Avnet

Phoenix, Arizona, United States · Logistics, Manufacturing, Oil And Gas

Avnet is a leading global technology distributor and solutions provider that has served customers' evolving needs for an entire century. They support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production.

Key facts

Headquarters
Phoenix, Arizona, United States
Employees
11,876
Industries
Logistics, Manufacturing, Oil And Gas
Status
Public (AVT)
Website
avnet.com
LinkedIn
Company page

Recent activity at Avnet

  • : SEC 8-K (1.01): On October 13, 2026, Avnet, Inc. and Avnet Holding Europe BV entered into Amendment No. 3 to their Third Amended and Restated Credit Agreement. This amendment increases the aggregate commitments under the Credit Agreement by $1 billion, raising the total commitment to $2.75 billion. Additionally, it raises the maximum additional commitments the Company can request to $1 billion and eliminates the SOFR credit spread adjustment to the interest rate. The Amendment's terms maintain the core provisions of the previous agreement while facilitating increased financial flexibility for Avnet, a strategic move to potentially enhance its investment capacity and operational stability moving forward.
  • : SEC 8-K (8.01): On August 19, 2026, Avnet, Inc. announced the pricing of a public offering of $550 million in aggregate principal amount of 5.650% Notes due 2031. The company intends to utilize the net proceeds from this offering to repay existing debts under its senior unsecured revolving credit facility and accounts receivable securitization program. The offering is conducted under an Underwriting Agreement effective the same date and is associated with a Registration Statement on Form S-3 filed with the SEC on August 14, 2026. This financing could improve Avnet's financial position by enhancing liquidity and allowing more operational flexibility.
  • : Avnet Partners with DEEPX to Expand On-Device AI Solutions Across Asia-Pacific Markets.
  • : SEC 8-K (1.01):
  • : SEC 8-K (5.07): On November 21, 2025, at Avnet, Inc.'s 2025 Annual Meeting of Shareholders, shareholders voted to elect ten nominees to the Board of Directors. The nominees include Rodney C. Adkins, Brenda L. Freeman, Philip R. Gallagher, Helmut Gassel, Virginia L. Henkels, and Jo Ann Jenkins, among others. Each candidate will serve until the next annual meeting and until their successors have been duly elected and qualified. The voting results reflect a significant majority for each nominee, demonstrating strong shareholder support for the current board members. This election highlights the company's governance and strategic direction moving forward.
  • : Avnet Appoints Dave Youngblood as Chief Digital Officer
  • : Avnet awarded contract to supply smart water meters to South East Water's Digital Meters program
  • : Avnet Appoints Rebeca Obregon as President of Farnell

Leadership

  • Dave Youngblood, Chief Digital Officer
  • Rebeca Obregon, President

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Employee benefit plans

Avnet files 22 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Avnet in the news

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About Avnet: questions and answers

What does Avnet do?

Avnet is a leading global technology distributor and solutions provider that has served customers' evolving needs for an entire century. They support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production.

Where is Avnet headquartered?

Avnet is headquartered in Phoenix, Arizona, United States.

How many employees does Avnet have?

Avnet has about 11,876 employees.

Who leads Avnet?

Rebeca Obregon is a President at Avnet.

What is the latest news on Avnet?

On Oct 13, 2026, SEC 8-K (1.01): On October 13, 2026, Avnet, Inc. and Avnet Holding Europe BV entered into Amendment No. 3 to their Third Amended and Restated Credit Agreement. This amendment increases the aggregate commitments under the Credit Agreement by $1 billion, raising the total commitment to $2.75 billion.

Is Avnet a public company?

Yes. Avnet is publicly traded under the ticker AVT.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

Fundz watches Avnet across 18 signal types, from funding and M&A to exec moves and hiring.

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