TD SYNNEX Names New CFO, Elects Directors
Ticker: SNX · Form: 8-K · Filed: Jul 15, 2024 · CIK: 1177394
| Field | Detail |
|---|---|
| Company | Td Synnex Corp (SNX) |
| Form Type | 8-K |
| Filed Date | Jul 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $1.897 million, $1.5 million, $704,000, $27,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, cfo-appointment
Related Tickers: SNX
TL;DR
TD SYNNEX swaps CFO, adds two directors to the board.
AI Summary
TD SYNNEX CORP announced on July 9, 2024, changes in its executive team. The company elected two new directors, David A. Johnson and Michael J. Urban, to its Board of Directors. Additionally, the company appointed Michael J. Urban as the new Chief Financial Officer, succeeding Michael J. Rafferty, who will transition to a senior advisor role.
Why It Matters
This filing indicates a significant leadership transition at TD SYNNEX, with a new CFO and board members, which could signal strategic shifts or a focus on financial management.
Risk Assessment
Risk Level: medium — Leadership changes, especially at the CFO level, can introduce uncertainty and impact strategic direction, warranting a medium risk assessment.
Key Players & Entities
- TD SYNNEX CORP (company) — Registrant
- David A. Johnson (person) — Elected Director
- Michael J. Urban (person) — Elected Director and New CFO
- Michael J. Rafferty (person) — Outgoing CFO
- July 9, 2024 (date) — Date of Report
FAQ
Who has been appointed as the new Chief Financial Officer of TD SYNNEX CORP?
Michael J. Urban has been appointed as the new Chief Financial Officer of TD SYNNEX CORP.
Who are the newly elected directors to the TD SYNNEX CORP Board of Directors?
David A. Johnson and Michael J. Urban have been elected as new directors to the TD SYNNEX CORP Board of Directors.
What is the effective date of these changes reported in the 8-K filing?
The earliest event reported is dated July 9, 2024.
What will be the role of the outgoing CFO, Michael J. Rafferty?
Michael J. Rafferty will transition to a senior advisor role.
What is the principal executive office address for TD SYNNEX CORP?
The address of the principal executive offices is 44201 Nobel Drive, Fremont, California 94538.
Filing Stats: 903 words · 4 min read · ~3 pages · Grade level 13.1 · Accepted 2024-07-15 16:42:48
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share SNX The New York Stock Exchan
- $1.897 million — an bonus in the amount of approximately $1.897 million; and payment of a special bonus in the
- $1.5 million — ent of a special bonus in the amount of $1.5 million. As the Company previously announced i
- $704,000 — n bonus in the amount of approximat ely $704,000. In connection with his resignation and
- $27,000 — on for 24 months, a lump sum payment of $27,000, the accelerated vesting of outstanding
Filing Documents
- snx-20240709.htm (8-K) — 38KB
- ex101muexecutiveseverancea.htm (EX-10.1) — 70KB
- tdsynnex_logoxstandard.jpg (GRAPHIC) — 29KB
- 0001177394-24-000067.txt ( ) — 288KB
- snx-20240709.xsd (EX-101.SCH) — 2KB
- snx-20240709_lab.xml (EX-101.LAB) — 22KB
- snx-20240709_pre.xml (EX-101.PRE) — 13KB
- snx-20240709_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 + Severance A greement between TD SYNNEX Corporation and Michael Urban. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). +Schedules (or similar attachments) and certain information have been omitted pursuant to Items 601(a)(5), 601(a)(6) and/or 601(b)(10)(iv) of Regulation S-K. TD SYNNEX hereby undertakes to furnish supplementally a copy of any omitted schedule or exhibit to such agreement to the U.S. Securities and Exchange Commission upon request; provided, however, that TD SYNNEX may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedules or exhibits so furnished. 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: July 15, 2024 TD SYNNEX CORPORATION By: /s/ David Vetter David Vetter Chief Legal Officer and Corporate Secretary