Td Synnex Corp 8-K, filed Sep 29, 2023
Td Synnex Corp (SNX)
About this 8-K
Td Synnex Corp filed this 8-K on September 29, 2023, reporting on events of September 28, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
| (Address of principal executive offices) | (Zip Code) |
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(d) On September 28, 2023, the Board of Directors of TD SYNNEX Corporation (“TD SYNNEX”) appointed Kathleen Crusco and Claude Pumilia as members of the TD SYNNEX Board of Directors, increasing the size of the Board from eleven to thirteen members. Ms. Crusco and Mr. Pumilia will receive the same compensation currently payable to TD SYNNEX’ non-employee directors not serving as Board committee chairs, as described in the TD SYNNEX proxy statement filed in connection with the 2023 Annual Meeting of Stockholders. There are no related party transactions reportable under Item 404(a) of Regulation S-K for Ms. Crusco and Mr. Pumilia.
On September 29, 2023, TD SYNNEX issued a press release announcing the appointment of Ms. Crusco and Mr. Pumilia to the Board of Directors. The full text of TD SYNNEX’ press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit |
Description of Document | |
| 99.1 | Press Release dated September 29, 2023 announcing new Board members | |
| 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: September 29, 2023 | TD SYNNEX CORPORATION | |||||
| By: | /s/ David Vetter | |||||
| David Vetter | ||||||
| Chief Legal Officer and Corporate Secretary | ||||||
Exhibit 99.1
TD SYNNEX Announces New Board Appointments
New Board Members Bring Expertise and Experience in Strategic,
High Growth Technologies
FREMONT, Calif., & CLEARWATER, Fla. – Sept. 29, 2023 – TD SYNNEX (NYSE: SNX) today announced the appointments of Kathy Crusco and Claude Pumilia to its board of directors effective September 28, 2023. The two appointments expand the board from 11 to 13 members.
“We welcome Kathy and Claude to our Board of Directors. Their deep industry expertise, business acumen and proven track records of execution will augment our existing board and help drive innovation, deliver value, and contribute to TD SYNNEX’s ongoing success, “ said Ann Vezina, Chair of TD SYNNEX’s Board of Directors. “We look forward to their insights and guidance as we continue to pursue our mission of connecting the global IT ecosystem and unlocking its potential for all.”
Crusco is an experienced Chief Financial Officer and board member with a demonstrated history of working in the software and unified communications industries, including cloud-based enterprise software solutions, SaaS based ERP software and cybersecurity software. She was named by Women Inc. as one of 2019 Most Influential Corporate Board Directors, and currently serves on the board of platform (cloud, software, and systems) and managed services company, Calix, and several privately held software companies. She previously was Executive Vice President, Chief Financial Officer for Kony, Inc. and prior to that was Executive Vice President, Chief Operating Officer and Chief Financial Officer at Epicor Software Corporation.
“I look forward to working with the experienced board of directors for TD SYNNEX and helping the company continue to drive transformation and accelerate the adoption of new high growth technologies around the globe,” Crusco said.
Pumilia brings extensive experience leading software and data services companies. He is currently CEO of Accuris, an engineering-focused technology company that delivers AI-powered data and workflow solutions to end users at engineering intensive companies. Previously, Pumilia served as CEO of DAT Freight and Analytics. He has held executive roles across the technology industry, including leadership positions at Roper Technologies, CA Technologies, Hewlett Packard and Compaq. He also serves on the board for Allium Holdco, LLC, which is the holding company for Accuris.
“TD SYNNEX plays a critical role in the technology ecosystem, especially at this time of rapid transformation, and I welcome the opportunity to work with its talented leadership team as it continues to drive value for its partners around the world,” said Pumilia.
Additional information regarding the Board of Directors can be found in the Governance section of our Investor Relations website, ir.tdsynnex.com.
About TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,500 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on LinkedIn, Facebook and Instagram.
Safe Harbor Statement
Statements in this news release that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.
Copyright 2023 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.
CONTACTS
| Liz Morali |
Bobby Eagle |
|||||
| Investor Relations |
Global Corporate Communications |
|||||
|
510-668-8436 |
727-538-5864 |
|||||
| ir@tdsynnex.com |
bobby.eagle@tdsynnex.com |
|||||