TD SYNNEX Names New CFO, McCollum to Retire
Ticker: SNX · Form: 8-K · Filed: Jun 20, 2024 · CIK: 1177394
| Field | Detail |
|---|---|
| Company | Td Synnex Corp (SNX) |
| Form Type | 8-K |
| Filed Date | Jun 20, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $1,000,000, $5,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo, retirement
Related Tickers: SNX
TL;DR
New CFO for TD SYNNEX starting July 1st, current CFO McCollum retiring end of year.
AI Summary
TD SYNNEX Corporation announced on June 19, 2024, the appointment of Michael J. Urban as Chief Financial Officer, effective July 1, 2024. Urban will succeed Thomas E. McCollum III, who will transition to a senior advisory role until his retirement on December 31, 2024. Urban previously served as Executive Vice President, Global Controller and Chief Accounting Officer for the company.
Why It Matters
This executive transition signals a change in financial leadership for TD SYNNEX, potentially impacting investor confidence and strategic financial decisions.
Risk Assessment
Risk Level: low — The appointment of a new CFO is a standard executive transition, with the outgoing CFO remaining in an advisory role, mitigating immediate risk.
Key Players & Entities
- TD SYNNEX Corporation (company) — Registrant
- Michael J. Urban (person) — Appointed Chief Financial Officer
- July 1, 2024 (date) — Effective date of new CFO appointment
- Thomas E. McCollum III (person) — Outgoing Chief Financial Officer
- December 31, 2024 (date) — Retirement date of outgoing CFO
FAQ
Who is the new Chief Financial Officer of TD SYNNEX Corporation?
Michael J. Urban has been appointed as the new Chief Financial Officer of TD SYNNEX Corporation.
When does Michael J. Urban's appointment as CFO become effective?
Michael J. Urban's appointment as CFO is effective July 1, 2024.
Who is the current Chief Financial Officer of TD SYNNEX Corporation?
Thomas E. McCollum III is the current Chief Financial Officer of TD SYNNEX Corporation.
What will Thomas E. McCollum III do after stepping down as CFO?
Thomas E. McCollum III will transition to a senior advisory role until his retirement on December 31, 2024.
What was Michael J. Urban's previous role at TD SYNNEX Corporation?
Michael J. Urban previously served as Executive Vice President, Global Controller and Chief Accounting Officer for TD SYNNEX Corporation.
Filing Stats: 1,057 words · 4 min read · ~4 pages · Grade level 10.4 · Accepted 2024-06-20 08:00:31
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share SNX The New York Stock Ex
- $1,000,000 — will receive a starting base salary of $1,000,000 and will be eligible to receive an annu
- $5,000,000 — th a fair market value of approximately $5,000,000, 60% of which will be comprised of time
Filing Documents
- d773671d8k.htm (8-K) — 29KB
- d773671dex101.htm (EX-10.1) — 41KB
- d773671dex991.htm (EX-99.1) — 10KB
- g773671im002.jpg (GRAPHIC) — 3KB
- g773671img001.jpg (GRAPHIC) — 4KB
- 0001193125-24-163999.txt ( ) — 226KB
- snx-20240619.xsd (EX-101.SCH) — 3KB
- snx-20240619_lab.xml (EX-101.LAB) — 17KB
- snx-20240619_pre.xml (EX-101.PRE) — 11KB
- d773671d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Offer Letter with Patrick Zammit dated June 19, 2024. 99.1 Press Release dated June 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 20, 2024 TD SYNNEX CORPORATION By: /s/ David Vetter David Vetter Chief Legal Officer and Corporate Secretary