TD SYNNEX Announces Patrick Zammit to Become CEO
June 20 2024 - 8:06AM
Business Wire
~~After transformative tenure as CEO, Rich Hume
to Retire~~
~~Transition is effective September 1,
2024~~
TD SYNNEX (NYSE: SNX), today announced that Patrick Zammit will
become Chief Executive Officer, succeeding Rich Hume, who will
retire after a transformative tenure as CEO. Hume will remain on
the TD SYNNEX board of directors. The leadership transition is
effective September 1.
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the full release here:
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TD SYNNEX today announced that Patrick
Zammit will become Chief Executive Officer, succeeding Rich Hume,
who will retire after a transformative tenure as CEO. Zammit, who
has served as the company's chief operating officer since January
2024, brings a wealth of experience and a proven track record of
driving growth and operational excellence. (Photo: Business
Wire)
"It has been the greatest privilege of my professional career to
serve as CEO of TD SYNNEX. I am proud of the culture we have built,
our partner-first focus and commitment to customer excellence, and
the purpose-driven approach we have taken in our business,” said
Hume. “In this dynamic and ever-changing technology landscape,
Patrick is the right leader to build on this foundation as we
continue to deliver value to our customers and vendors across the
ecosystem. Under his leadership, I am confident that TD SYNNEX will
reach even greater heights."
Zammit, who has served as the company's chief operating officer
since January 2024, brings a wealth of experience and a proven
track record of driving growth and operational excellence. Zammit
has been instrumental in coordinating the company's business
strategy, driving profitable growth and accelerating the adoption
of new, high-growth technologies around the globe. Zammit led the
European region beginning in 2017, following Tech Data’s
acquisition of Avnet Technology Solutions. His role expanded in
2021 to include responsibilities for the APJ region. His tenure at
Avnet, which began in 1993, saw him in various management roles,
culminating as Global President of the Technology Solutions
division, where he served on its executive board. His earlier roles
at Avnet included President of EMEA Electronic Marketing and
European CFO.
"I am honored to succeed Rich and lead TD SYNNEX into its next
chapter. I look forward to building on the strong foundation we
have established and driving forward our strategy and digitization
roadmap to ensure we are constantly delivering the greatest value
to our co-workers, partners, vendors, and shareholders,” said
Zammit. “Rich has been an outstanding leader and I look forward to
continuing to work with him in his role on our board of
directors.”
Hume joined what was then Tech Data in 2016 as COO, taking over
as CEO in 2018. During his tenure, he has helped lead the company
through a period of significant growth and transformation,
including the acquisition of Avnet TS, taking the company private
in partnership with Apollo Asset Management and the successful
merger of Tech Data and SYNNEX.
Under his leadership, TD SYNNEX has embraced a culture of
servant leadership, focusing on empowering employees, fostering an
inclusive environment and building a company with a purpose that
extends beyond financial success.
The Board of Directors expressed its deep gratitude to Rich Hume
for his leadership and contributions to TD SYNNEX and extends its
best wishes to him in his retirement.
“We are immensely grateful to Rich for his leadership. His
contributions have been pivotal in shaping the company's
trajectory, and we look forward to his continued guidance on the
board of directors,” said Ann Vezina, Chair of the board. “Under
Patrick’s leadership, TD SYNNEX will continue to thrive and set new
benchmarks in the industry. His vision aligns perfectly with our
core values and strategic goals, ensuring a seamless continuation
of the innovative foundation that Rich has built.”
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 23,000
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 find 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 2024 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240619892207/en/
Bobby Eagle Global Corporate Communications 727-538-5864
bobby.eagle@tdsynnex.com
Liz Morali Investor Relations 510-668-8436 ir@tdsynnex.com
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