January 19, 2018
Source: TE Connectivity Ltd.
2018 marks TE's first year on magazine's global list
SCHAFFHAUSEN, Switzerland, Jan. 19, 2018 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity and sensor solutions, has been named to FORTUNE magazine's 2018 List of World's Most Admired Companies. This is the first time TE has made the list. The annual survey, conducted by FORTUNE and the Hay Group, is given to top executives, directors and financial analysts, to identify the companies that enjoy the strongest reputations among their peers and across industries. TE was ranked #4 in the electronics industry.
"We are honored to be recognized as one of FORTUNE's World's Most Admired Companies," said CEO Terrence Curtin. "This achievement is a reflection on the dedication of our leadership team, our 78,000 employees across the globe, and our deep commitment to our values and purpose – to create a safer, sustainable, productive and connected future." Curtin adds, "At TE, we take great pride in what we do, and how our teams and technologies help drive the world forward. This acknowledgement affirms the impact that we're making on a global scale for our customers, investors and employees."
TE Connectivity helps customers in nearly 150 countries create the technology of tomorrow in industries including transportation, industrial applications, medical technology, energy, data communications, and home appliances. With over 7,000+ engineers, 14,000+ patents and approximately $650 million invested into R&D and engineering annually, innovation drives the company culture.
In addition to this most recent recognition by FORTUNE, TE has been named to the Dow Jones Sustainability North America list for six consecutive years and is recognized as one of Ethisphere's World's Most Ethical Companies. TE is also recognized as a top 100 global innovator by Clarivate Analytics, one of China's 50 Most Innovative Companies by Fast Company China, one of America's Best Employers by Forbes magazine, and a Best Place to Work for LGBTQ Equality in the U.S. and Mexico by the Human Rights Campaign.
FORTUNE's World's Most Admired Companies list is the definitive report card on corporate reputations. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness. Hay Group has collaborated with FORTUNE annually since 1997 to identify, select and rank the World's Most Admired Companies and uncover the business practices that make these companies highly regarded among their peers.
The World's Most Admired Companies list can be found on the FORTUNE website.
ABOUT TE CONNECTIVITY
TE Connectivity Ltd. is a $13 billion global technology and manufacturing leader creating a safer, sustainable, productive, and connected future. For more than 75 years, our connectivity and sensor solutions, proven in the harshest environments, have enabled advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With 78,000 employees, including more than 7,000 engineers, working alongside customers in nearly 150 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
SOURCE TE Connectivity Ltd.Media Relations: B.J. Talley, TE Connectivity, +1 610-893-9553, firstname.lastname@example.org