01—Abstract
Summary
Summary of the 8-K filed January 5, 2024. Cited figures are marked; the original filing is the authoritative source.
TD SYNNEX Corporation (NYSE: SNX) filed a Form 8-K on January 5, 2024, to report that director Duane Zitzner informed the Board of Directors on December 31, 2023, that he will retire from the Board when his current term expires, effective at the Company's 2024 Annual Meeting of Stockholders.
Zitzner has no disagreements with the Company, according to the filing. The filing is a governance notice under Item 5.02 and does not include any financial results, guidance, or transaction disclosures. The accompanying press release (Exhibit 99.1), dated January 5, 2024, announces the upcoming retirement.
In it, Ann Vezina, Chair of the Board, credits Zitzner with more than 15 years of leadership, and the release states that he has served as a director since 2007. For investors, the event is a routine board transition with no stated operational or financial impact. The filing does not name a successor or describe any change to board composition beyond Zitzner's planned departure.
02—Key points
Key Highlights
- Director Duane Zitzner will retire from the Board of Directors when his current term expires, effective at the 2024 Annual Meeting of Stockholders.
- Zitzner informed the Board on December 31, 2023, and the filing states he has no disagreements with the Company.
- Zitzner has served as a TD SYNNEX director since 2007, per the press release.
- Ann Vezina, Chair of the Board, praised Zitzner's more than 15 years of leadership in the company's transformation.
- The filing contains no financial results, guidance, or transaction disclosures.
- Exhibit 99.1 is a press release dated January 5, 2024, announcing the retirement.
- Investor relations contacts listed in the press release are Liz Morali (510-668-8436, [email protected]) and Bobby Eagle for corporate communications.
03—Questions
Frequently Asked Questions
Why is Duane Zitzner leaving the Board?
The filing states that Zitzner will retire from the Board when his current term expires. It does not give a specific reason beyond his planned retirement.
When will Zitzner's retirement take effect?
The retirement is effective at TD SYNNEX's 2024 Annual Meeting of Stockholders, when his current term of office expires.
Does the filing disclose any disagreement with the Company?
No. The filing states that Zitzner has no disagreements with the Company.
Does this announcement affect TD SYNNEX's financial results?
The filing contains no financial results, guidance, or financial impact disclosure related to this board change.
Who will replace Zitzner on the Board?
The filing does not name a successor or describe any change to board composition beyond Zitzner's planned departure.
04—Continue