leadership
confidence high
sentiment neutral
materiality 0.35
TD SYNNEX updates CLO David Vetter's compensation: $670K salary, $1.5M equity grant
TD SYNNEX CORP
- Base salary set at $670,000; annual bonus target 100% of base salary.
- Equity grant of ~$1.5M: 60% time-based RSAs, 40% performance-based RSUs.
- Severance: 12 months salary continuation (non-change of control); 18-24 months (change of control).
- Unvested equity accelerates on involuntary termination; performance RSUs vest pro rata.
- Agreement includes non-solicitation covenant and clawback policy compliance.