Arrow Electronics Appears Again On Fortune's List of Most Admired Companies.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--Feb. 21, 2001 Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products. , Inc. (NYSE NYSE See: New York Stock Exchange : ARW ARW Air Refueling Wing ARW Advanced Research Workshop ARW Associated Resume Writers ARW Army Ranger Wing (Irish Special Forces) ARW American Revolutionary War ARW Angle Random Walk ARW Aeroelastic Research Wing ) appeared for the fourth time on Fortune's annual list of "Most Admired Companies," which was published this week. The company captured the number three spot in the "wholesaler" category. "All of us at Arrow Electronics are very honored and proud to once again have been recognized on Fortune's highly regarded list as one of America's most admired companies A yearly publication by Fortune Magazine, America's Most Admired Companies consists of corporations that are highly esteemed by the likes of Business Executives, Directors, and Analysts. A survey is taken of close to 3300 professionals who give their opinions on the companies. ," commented Francis M. Scricco, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Arrow Electronics. "We work hard at being the best company we can be -- for our customers, our suppliers, our employees and our investors," added Mr. Scricco. Fortune's Most Admired Companies list represents evaluations of the 1,000 largest U.S. companies (ranked by revenues), plus the 25 largest U.S. subsidiaries of foreign firms, on a wide range of criteria reflecting every aspect of corporate activity and climate. Organizations were rated on quality of management, quality of products and services, innovativeness, long-term investment value, financial soundness, employee talent, social responsibility and use of corporate assets. Fortune surveyed more than 10,000 industry leaders to collect the necessary data. Arrow attained strong scores in all areas and did especially well in the "quality of management" category. About Arrow Electronics Arrow Electronics is the world's largest distributor of electronic components and computer products, with 2000 sales of $13 billion. Headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers, contract manufacturers and commercial customers through more than 225 sales facilities and 19 distribution centers in 38 countries. Detailed information on Arrow's operations can be found at www.arrow.com. |
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