ScanSource Named to FORTUNE’s List of World’s Most Admired Companies for Eighth Consecutive Year

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01/31/2024 - 09:41 AM

GREENVILLE, S.C.--(BUSINESS WIRE)-- ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, has been named to FORTUNE’s 2024 list of World’s Most Admired Companies. ScanSource’s inclusion in this year’s list marks the eighth consecutive year the company has received the recognition. The annual survey, which is given to thousands of senior executives, directors and financial analysts from more than 600 global companies, identifies the organizations with the strongest reputations within their industries and across other industries.

“It is an honor to be named once again to FORTUNE’s World’s Most Admired Companies list and to be included among such highly regarded companies across the globe,” said Mike Baur, Chairman and CEO, ScanSource, Inc. “ScanSource strives to be a trusted partner for our customers and our suppliers, exceeding expectations and building strong relationships through transparency and consistency. I’m proud of our employees and their commitment, this recognition is a testament to their hard work.”

FORTUNE collaborated with their partner Korn Ferry on this survey of corporate reputation. They began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in the FORTUNE Global 500 database that have revenues of $10 billion or more. FORTUNE then winnowed the assortment to the highest-revenue companies in each industry, a total of 660 in 29 countries. The top-rated companies were picked from that pool; the executives who voted work at the companies in that group. To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.

The 2024 World’s Most Admired Companies list can be found on Fortune.com.

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud. ScanSource enables customers to deliver solutions for their end users to address changing buying and consumption patterns. ScanSource sells through multiple, specialized routes-to-market with hardware, SaaS, connectivity and cloud services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom and cloud services. Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource was named one of the 2023 Best Places to Work in South Carolina and on FORTUNE magazine’s 2024 List of World’s Most Admired Companies. ScanSource ranks #817 on the Fortune 1000. For more information, visit www.scansource.com.