01—Abstract
Summary
Summary of the 8-K filed January 15, 2025. Cited figures are marked; the original filing is the authoritative source.
TD SYNNEX Corporation filed this Form 8-K on January 15, 2025 to report that director Hau Lee informed the Board on January 8, 2025 that he will retire from the Board when his current term expires, effective at the Company's 2025 Annual Meeting of Stockholders.
Lee has no disagreements with the Company. The filing states that Lee has served as a director since 2012, and the accompanying press release credits him with contributing significantly to the Company's growth and success. The board chair, Ann Vezina, thanked him for his leadership and expertise.
The filing also sets the logistics for the 2025 Annual Meeting. Stockholders of record at the close of business on February 3, 2025 will be entitled to notice of the meeting and to vote. The meeting will be held in Greenville, South Carolina, at the Company's office at 39 Pelham Ridge Drive, beginning at 1:00 p.m.
Eastern Daylight Time on April 2, 2025. For investors, this is a routine board transition with no stated operational, financial, or governance concerns.
The filing does not disclose a replacement director. The press release (Exhibit 99.1) announces the retirement and describes Lee's background, including his academic roles at Stanford University and his other board seats.
02—Key points
Key Highlights
- Director Hau Lee, a TD SYNNEX board member since 2012, will retire from the Board when his current term expires, effective at the 2025 Annual Meeting of Stockholders.
- Lee informed the Board of his decision on January 8, 2025, and has no disagreements with the Company.
- Record date for the Annual Meeting is February 3, 2025 for stockholders entitled to notice and to vote.
- The 2025 Annual Meeting will be held April 2, 2025, at 1:00 p.m. Eastern Daylight Time in Greenville, South Carolina.
- Board Chair Ann Vezina praised Lee's leadership and expertise, which the Company says contributed significantly to its growth and success.
- Lee is the Thoma Professor of Operations, Information and Technology at Stanford University's Graduate School of Business and co-founder of DemandTec, Inc.
- The filing includes Exhibit 99.1, a press release dated January 15, 2025, announcing the retirement.
03—Questions
Frequently Asked Questions
Why is Hau Lee leaving the TD SYNNEX Board?
The filing states that Lee informed the Board on January 8, 2025 that he will retire when his current term expires. It does not give a specific reason. Lee has no disagreements with the Company, according to the filing.
When does Lee's retirement from the Board take effect?
Lee's retirement is effective at the Company's 2025 Annual Meeting of Stockholders, which the filing says will be held on April 2, 2025, in Greenville, South Carolina.
Who is eligible to vote at the 2025 Annual Meeting?
Stockholders of record at the close of business on February 3, 2025 will be entitled to notice of the meeting and to vote on matters considered at the meeting.
How long did Hau Lee serve on the TD SYNNEX Board?
According to the accompanying press release, Lee has served as a director of TD SYNNEX since 2012.
What does the filing say about Lee's successor?
The filing does not name a replacement director or describe any plans to fill the seat.
04—Continue