TD SYNNEX CORP false 0001177394 0001177394 2025-09-29 2025-09-29
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant To Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): September 29, 2025

 

 

TD SYNNEX CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-31892   94-2703333
(State or Other Jurisdiction
of Incorporation)		  

(Commission

File Number)

   (I.R.S. Employer
Identification Number)

 

44201 Nobel Drive, Fremont, California     94538
(Address of principal executive offices)     (Zip Code)

(510) 668-3400

(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
Symbol(s)

  

Name of each exchange
on which registered

Common stock, par value $0.001 per share   SNX   The New York Stock Exchange

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.

On October 2, 2025, TD SYNNEX Corporation (the “Company”) issued a press release announcing that the Board of Directors (the “Board”) of the Company has appointed David Jordan as the Executive Vice President and Chief Financial Officer of the Company. In this role, he is replacing Marshall Witt, who notified the Company of his resignation to assume a new role outside the organization on September 29, 2025. Mr. Witt’s departure from the Company was not caused by any dispute or disagreement with the Company, the Board or with respect to any matter relating to the Company’s operations, policies, or practices. Mr. Witt will remain employed by the Company as a non-executive employee until October 17, 2025.

Mr. Jordan, age 38, will be responsible for all aspects of the Company’s financial management. He previously served as the Company’s Senior Vice President, Chief Financial Officer, Americas since 2021, and Head of Investor Relations since 2024. Mr. Jordan joined the Company in 2014 and has held a variety of senior finance roles across the organization.

In connection with Mr. Jordan’s appointment, the Mr. Jordan’s base salary will be increased to $650,000 and Mr. Jordan will be eligible to receive an annual cash incentive bonus targeted at 100% of his base salary with the actual amount of the bonus based on the achievement of performance metrics established by the Compensation Committee of the Board. In addition, Mr. Jordan will be granted restricted stock awards and performance based restricted stock awards with a fair market value of approximately $900,000, and $600,000, respectively. The restricted stock awards will be granted on October 15 together with the annual restricted equity grant cycle for all eligible employees. The performance-based restricted stock units will be granted at the same time as performance equity grants are made to all other executive officers, typically in January.

There is no arrangement or understanding between Mr. Jordan and any other person pursuant to which Mr. Jordan was selected as the Company’s Chief Financial Officer. Except as described herein, there are no existing or currently proposed transactions to which the Company or any of its subsidiaries is a party and in which Mr. Jordan has a direct or indirect material interest. There are no family relationships between Mr. Jordan and any of the directors or officers of the Company or any of its subsidiaries.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
No.

   

Description

99.1    Press Release
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: October 2, 2025     TD SYNNEX CORPORATION
    By:  

/s/ David Vetter

      David Vetter
      Chief Legal Officer and Corporate Secretary

Exhibit 99.1

 

LOGO

News Release

TD SYNNEX Announces CFO Transition

FREMONT, Calif., & CLEARWATER, Fla. – October 2, 2025 – TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced that David Jordan, Senior Vice President, Americas CFO and Head of Investor Relations has been named Executive Vice President and CFO He replaces Marshall Witt, who is leaving the company to assume a role outside the organization.

“David’s deep knowledge of our business, proven leadership of our Americas finance organization, and strong relationships with vendors, customers and investors make him exceptionally well-suited to take on the CFO role,” said Patrick Zammit, Chief Executive Officer. “David’s entrepreneurial mindset will continue to help us drive clarity, discipline and insight as we continue to execute our strategic priorities and vision.”

Jordan, who has served as Americas CFO since 2021, joined TD SYNNEX in 2014 and has held a variety of senior finance roles across the organization. David brings to the role strong commercial acumen, M&A experience and focus on capital optimization, along with a deep experience in financial planning, investor engagement and operational leadership.

“On behalf of the entire leadership team and Board, I want to thank Marshall for his many contributions and wish him the very best in his next chapter,” Zammit added. “Marshall has been a steady and strategic leader throughout his tenure, playing an integral role in guiding our company through complex transitions and positioning us for long-term success.”

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We are 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 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ 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, follow our newsroom or follow us on LinkedIn, Facebook and Instagram.

Copyright 2025 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.

Media Contact

Bobby Eagle

Global Corporate Communications

727-538-5864

bobby.eagle@tdsynnex.com