Tech Data Named One of FORTUNE's World's Most Admired Companies for Eighth Straight Year
February 16 2017 - 8:28AM
Tech Data Corporation (Nasdaq:TECD) today announced that it
has been named a "World's Most Admired Company" by Fortune magazine
for the eighth straight year. The World's Most
Admired list is compiled on behalf of Fortune by the Korn
Ferry Hay Group, a global management consulting firm which surveyed
more than 3,800 executives, directors, and securities analysts.
Tech Data ranked second overall in the Wholesalers: Electronics and
Office Equipment category.
"We applaud our 9,000 colleagues around the
globe for earning the prestigious ‘World’s Most Admired’ honor for
the eighth consecutive year,” said Bob Dutkowsky, chief executive
officer at Tech Data. “Our employees are Tech Data’s greatest
asset, unwaveringly dedicated to the success of our customers,
vendors, shareholders, and each other. This achievement is a
testament to their continued commitment to building a culture that
values integrity and respect, teamwork, and a passion for
winning.”
Fortune's Most Admired list is the definitive
report card on corporate reputations. Companies are ranked by nine
criteria, from investment value and quality of management and
products to social responsibility and ability to attract talent.
The Korn Ferry Hay Group compiled its data from approximately 1,500
companies: the 1,000 largest U.S. companies ranked by revenue and
non-U.S. companies in Fortune's Global 500 database with revenue of
$10 billion or more. A total of 680 companies from 28 countries
were surveyed.
The 2017 list of Fortune's World's Most Admired
Companies is available online at www.fortune.com. The complete
list will be featured in Fortune's March 1, 2017 issue, which will
be available February 20, 2017 on newsstands. In addition to
Fortune's list of the Most Admired Companies, Tech Data is
currently ranked No. 108 on the Fortune 500 and No. 409 on the
Fortune Global 500.
About Tech DataTech Data
Corporation is one of the world’s largest wholesale distributors of
technology products, services and solutions. Its advanced logistics
capabilities and value added services enable 105,000 resellers to
efficiently and cost effectively support the diverse technology
needs of end users in more than 100 countries. Tech Data generated
$26.4 billion in net sales for the fiscal year ended January 31,
2016. It is ranked No. 108 on the Fortune 500® and one of Fortune’s
“World’s Most Admired Companies.” To learn more, visit
www.techdata.com, or follow us on Facebook and Twitter.
MEDIA CONTACT
Brian Kosoy
Director, Corporate Communications
727.299.8865
brian.kosoy@techdata.com
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