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Contents

   



(Top)
  


1 Ownership  




2 Revenue  




3 Leadership  




4 References  













TD Synnex






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From Wikipedia, the free encyclopedia
  

TD SYNNEX Corporation
Company typePublic

Traded as

  • S&P 400 component
    • IndustryIT services, IT consulting
    FoundedSeptember 1, 2021; 2 years ago (2021-09-01)
    Headquarters
    Fremont, California
    ,
    U.S.

    Key people

    		Rich Hume
    (CEO)[1]
    Dennis Polk
    (Executive Chair of Board of Directors)[1]
    Products
  • Data center servers & storage
  • Computer hardware
  • Computer software
  • Consumer electronics
    • Services
  • Managed services
  • IT Consulting
  • Systems integration
  • Supply chain management

    • Number of employees

    		22,000 (2021)[2]
    Websitetdsynnex.com

    TD SYNNEX is an American IT distribution company with a workforce of 22,000 in over 100 countries.[3] It was formed in 2021 by the merger of Synnex and Tech Data. TD SYNNEX is led by former Tech Data CEO, Rich Hume.[4]

    Ownership[edit]

    At closing former Synnex shareholders owned 55% of TD SYNNEX while Apollo Global Management, the previous owner of Tech Data, owned 45%.[5]

    Revenue[edit]

    With the merger of Tech Data and Synnex, TD SYNNEX becomes the largest IT distributor having a combined revenue of $59.8 billion, which surpasses Ingram Micro, whose 2020 revenue was $49.1 billion.[6][7] On January 9, 2024, TD SYNNEX reported the results for 2023 Fourth Quarter and Full Year Results reaching $57B in revenue.[8]

    Leadership[edit]

    Rich Hume, former CEO of Tech Data, is CEO of TD SYNNEX. Former Synnex president and CEO, Dennis Polk, serves as TD SYNNEX’s executive chair of the board of directors.[7][3] In Nov 2023, Patrick Zammit has been named Chief Operating Officer, reporting to company CEO Rich Hume effective January 1.

    References[edit]

    1. ^ a b "Corporate Leadership Team". TD SYNNEX. 12 November 2021.
  • ^ "Largo's Tech Data completes $8.3 billion merger, becomes TD Synnex". Tampa Bay Times. 1 September 2021.
  • ^ a b Cridlin, Jay (September 1, 2021). "Largo's Tech Data completes $8.3 billion merger, becomes TD Synnex". Tampa Bay Times. Retrieved 2021-11-08.
  • ^ Kovar, Joseph F. (2021-09-01). "Done Deal: 5 Things To Know About The New TD Synnex". CRN. Retrieved 2021-11-08.
  • ^ Coffey, Lauren (September 1, 2021). "Tech Data becomes TD Synnex after $8 billion merger officially closes". Tampa Bay Business Journal. Retrieved 2021-11-08.
  • ^ Kovar, Joseph F. (2021-09-01). "It's Official: Synnex-Tech Data Is TD Synnex, The Industry's Largest IT Distributor". CRN. Retrieved 2021-11-08.
  • ^ a b "TD SYNNEX". www.tdsynnex.com. Retrieved 2021-11-08.
  • ^ Bakshi, Akanksha. "TD Synnex Q4 Earnings Beat Estimates; Provides Upbeat Outlook". Benzinga. Retrieved 2022-02-07.

    • Retrieved from "https://en.wikipedia.org/w/index.php?title=TD_Synnex&oldid=1221191344"
    Categories: 
    ●American companies established in 2021
     ●Companies listed on the New York Stock Exchange
     ●Companies in the S&P 400
     Hidden categories: 
    ●Articles with short description
     ●Short description matches Wikidata
      


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