FORT WORTH, TEXAS - September 6, 2007- TTI, Inc. announced today that its President and CEO, Paul Andrews, has been named as the top CEO of a private company by the Fort Worth Business Press. The presentation was made at the first-ever Top 100 Luncheon at The Fort Worth Club and honored the top 100 private companies and the top 25 public companies in Tarrant County. This is the third year the Business Press has presented the awards to the North Texas business community.
Recognition was given to the top CEO of a public company as well and Gerard Arpey, President and CEO of AMR Corp., the parent company of American Airlines, received this honor. This is the first time the Business Press has presented these distinguished awards.
Andrews said, "It is quite an honor for me to receive this award and more specifically to be recognized by a jury of my peers from within the business community."
TTI ranked as the fourth privately held company on the list published by the local paper. Awards were given based on 2006 revenues which is the last full year that TTI was a private company. In March 2007, TTI was purchased by Berkshire Hathaway Inc. and became the third Fort Worth company to be owned by business icon Warren Buffett.
About TTI, Inc.
Headquartered in Fort Worth, Texas, TTI, Inc. is the largest distributor specialist of passive, interconnect and electromechanical components. TTI is the distributor of choice for industrial and consumer electronic manufacturers worldwide. TTI’s extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetic and circuit protection components, wire and cable, identification products, application tools and electromechanical devices. TTI is recognized as the industry’s leader in service and quality and provides a broad array of supply chain services to its customer base. TTI employs 1,700 with more than 50 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiinc.com.