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50 Marcus Dr. Melville, NY 11747-4210 NY Tel. 631-847-2000 Fax 631-847-2222 |
Type: Public
On the web:
http://www.arrow.com
Employees:
15,700
Employee growth: 23.6%
Arrow Electronics knows its target market. The company is a leading global distributor of electronic components and computer products, alongside rival Avnet. It sells semiconductors, passive components, interconnect products, and computer peripherals from about 900 suppliers to more than 100,000 equipment manufacturers and commercial customers. Arrow also provides value-added services, such as materials planning, design and engineering, inventory management, and contract manufacturing. The company operates from more than 300 locations in some 50 countries, and gets more than half of its sales from outside the US. It distributes products made by such manufacturers as Cree, Panasonic, Microsoft, and Intel.
Key numbers for fiscal year ending December, 2011:
Sales: $21,390.3M
One year growth: 14.1%
Net income: $598.8M
Income growth: 24.8%
Officers:
Chairman, President, and CEO: Michael J. (Mike) Long
EVP Finance and Operations and CFO: Paul J. Reilly
VP and CIO: Vincent P. (Vin) Melvin
Competitors:
Avnet
Future Electronics
Ingram Micro
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