TD Synnex Corporation is an American IT distribution company with a workforce of 22,000 in over 100 countries. It was formed in 2021 by the merger of

Synnex Synnex was an American multinational corporation that provided information technology (IT) services to businesses. It merged with competitor Tech Data to form TD Synnex. It was founded in 1980 by Robert T. Huang and based in Fremont, Calif ...

and Tech Data. TD Synnex is led by CEO Patrick Zammit.

Ownership

At closing former Synnex shareholders owned 55% of TD Synnex while

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

, the previous owner of Tech Data, owned 45%.

Revenue

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.

Leadership

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. In November 2023, Patrick Zammit has been named chief operating officer, reporting to company CEO Rich Hume effective January 1. In June 2024, the company announced that Patrick Zammit would assume the CEO role effective September 1, replacing Rich Hume who will remain on the TD Synnex board of directors.

References

{{S&P 400 companies American companies established in 2021 Companies listed on the New York Stock Exchange Companies in the S&P 400