Avnet (AVT) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
6 Oct, 2026Executive summary
Annual meeting scheduled for Nov. 20, 2026, at 8:00 a.m. local time in Tempe; voting deadline Nov. 19, or Nov. 17 for plan-held shares.
Board recommends support for all director nominees and its proposals; it recommends voting against the shareholder special-meeting proposal.
Voting matters and shareholder proposals
Shareholders will vote on 10 director nominees, advisory executive compensation, PwC’s auditor appointment, and two special-meeting access proposals.
Board proposes special-meeting rights at a 25% ownership threshold; the board recommends For.
Shareholder proposal seeks a 10% ownership threshold for special-meeting rights; the board recommends Against.
Board of directors and corporate governance
Director nominees are Rodney C. Adkins, Brenda L. Freeman, Philip R. Gallagher, Helmut Gassel, Virginia L. Henkels, Jo Ann Jenkins, Oleg Khaykin, Ernest E. Maddock, Avid Modjtabai, and Adalio T. Sanchez; the board recommends For each nominee.
Latest events from Avnet
- FY01 sales rose 29%, but the downturn and $327.5M charge cut continuing income to $97K.AVT
Q4 2001 - Record $9.17B sales and 59% adjusted earnings growth set up a $12B-plus FY01 run rate.AVTQ4 2000
- A severe technology downturn drove a 30.4% sales decline and a $664.9M reported loss.AVTQ4 2002
- Sales stabilized, but restructuring and weak margins kept FY03 in the red.AVTQ4 2003
- Sales rebounded 13.2% as operating leverage drove a sharp profit recovery.AVTQ4 2004
- Higher FY05 profitability and the Memec deal set up a larger, more efficient distribution business.AVTQ4 2005
- Record $14.25B sales; Memec integration improved operating leverage.AVTQ4 2006
- Record $10.718B sales and $3.63 adjusted EPS; Q2 guidance signals further growth.AVTQ1 2027
- Board backs a 25% special-meeting threshold and opposes the proposed 10% threshold.AVTProxy filing