secwatch.observer — SEC 8-K summary
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Issuer:     TD SYNNEX CORP (SNX)
CIK:        0001177394
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001193125-24-163999
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TD SYNNEX appoints Patrick Zammit CEO effective Sept 1; Rich Hume retires but stays on board
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- Patrick Zammit, current COO since Jan 2024, becomes President & CEO on Sept 1, 2024.
- CEO Rich Hume retires after transformative tenure; no disagreement; remains on board.
- Zammit's compensation: $1M base salary, annual bonus target of 2x base, $5M in RSUs (60% time-vesting, 40% performance).
- Board expands from nine to ten directors, Zammit to join board on Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524163999/0001193125-24-163999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177394/000119312524163999/d773671d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-163999

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer