Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Instagram Outage Disrupts Thousands of U.S. Users 
CLEARWATER, Fla., Feb. 19, 2016 -- Tech Data Corporation (NASDAQ:TECD) today announced that it has been named a “World’s Most Admired Company” by FORTUNE magazine for the seventh 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 4,000 executives, directors, and securities analysts. Tech Data ranked fourth overall in the Wholesalers: Electronics and Office Equipment category.
“Our people are Tech Data’s greatest asset, and this honor is a direct reflection of their continued dedication to the success of our customers, vendor partners, shareholders, and communities throughout the world,” said Bob Dutkowsky, chief executive officer at Tech Data. “Tech Data’s 9,000 employees showcase our core values every day, and their commitment to each other enables Tech Data to be agile and succeed in a rapidly evolving IT industry. We commend our Tech Data teams throughout the world for achieving the ‘World’s Most Admired’ honor for the seventh straight year.”
FORTUNE’s Most Admired list is the definitive report card on corporate reputations. Companies are ranked by nine key attributes, from investment value to social responsibility. 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 652 companies from 30 countries were surveyed.
The 2016 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, 2016 issue, which will be available February 22, 2016 on newsstands. In addition to FORTUNE’s list of the Most Admired Companies, Tech Data is ranked #107 on the FORTUNE 500.
About Tech Data
Tech 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 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $27.7 billion in net sales for the fiscal year ended January 31, 2015. It is ranked No. 107 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 [email protected]
