June 12, 2009 - Avnet's Steve Philips Included in List of Top 50 Global CIOs

2009 InformationWeekGlobal CIO 50 recognizes IT leaders driving business growth

Phoenix, Ariz. -- Avnet, Inc. (NYSE:AVT), a global technology distributor, has announced that Steve Philips, Chief Information Officer at Avnet, has been named to the 2009 Global CIO 50, InformationWeek's annual list of the world's most innovative and talented business technology leaders.

Philips was recognized for leading a three-year transformation of Avnet's IT structure to support the company's rapid global expansion. As Avnet expanded its operations further into Europe and Asia, Philips' leadership ensured the smooth transition of Avnet's regionally-based IT team into a unified, global IT team. Of particular note is the Avnet IT team's ability to strike a delicate balance between delivering IT support capable of meeting the unique needs of Avnet's regional business units, while also gaining the global scale needed to achieve the company's global business initiatives.

Executives included in the InformationWeek 2009 Global CIO 50 were selected for their market leadership, innovative IT-enabled business practices and results, and their achievements and impact as a business driver. The full list and accompanying profiles can be found at informationweek.com/globalcio50.

About Avnet
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and by providing cost-effective value-added services and solutions. For the fiscal year ended June 28, 2008, Avnet generated revenue of $17.95 billion. For more information, visit www.avnet.com.

Media contacts:
Michelle Gorel
Avnet
480-643-7653
michelle.gorel@avnet.com