Even in uncertain times, TE Connectivity has gained a place among FORTUNE magazine’s World’s Most Admired Companies for the fourth year in a row.
The annual survey, conducted by FORTUNE and Korn Ferry, 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 fifth in the electronics industry.
“Though 2020 brought unprecedented challenges, TE’s 80,000 employees rose to meet them, enabling the company to demonstrate resiliency by meeting customer commitments while continuing to innovate ways to create a safer, sustainable, productive and connected future,” said CEO Terrence Curtin.
Throughout the pandemic, TE employees around the globe have adapted to new safety protocols as they worked tirelessly to deliver products critical in ensuring data centers, vital transportation, life-saving medical technology and the power grid continued to support our way of life.
“I’m proud of our global teams for the work they have done over the past year for our customers and the world around us. We are honored to be recognized once again by FORTUNE and the global business community as one of the World’s Most Admired Companies,” Curtin said.
Even with these challenges, TE teams remained focused on fulfilling customer needs, and some employees went above and beyond their assigned duties to help in the fight against COVID-19. Showcasing their engineering and manufacturing skills, volunteers at TE sites around the world made more than 120,000 protective face shields, which the company donated to front-line medical workers at hundreds of medical facilities globally.
The World’s Most Admired Companies list is the definitive report card on corporate reputation.
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.