AI brief of an SEC Form 8-K · TD Synnex (SNX)

TD SYNNEX: Chief Business Officer Simon Leung retired effective September 1, 2025

Neutral Impact 2 of 5 leadership Written later

TD SYNNEX disclosed that Chief Business Officer Simon Leung retired effective September 1, 2025, and that a separation agreement effective September 10, 2025 provides him with continued compensation. The package includes 24 months of salary continuation, a target fiscal 2025 bonus of about $348,500, accelerated vesting of outstanding equity awards, and restrictive covenants in the company's favor.

Key points

  • Simon Leung retired as Chief Business Officer effective September 1, 2025.
  • Agreement effective September 10, 2025 provides 24 months of salary continuation and a fiscal 2025 bonus at target of about $348,500.
  • Outstanding equity awards vest early, with performance awards assumed at target and prorated to September 1, 2025; a $5,000 lump sum is also included.
  • The agreement is filed as Exhibit 10.1, with some schedules omitted under SEC rules.

The filing

CompanyTD Synnex (SNX)
Form8-K, current report
Filed with the SECSep 16, 2025, 4:02 PM ET
Accession number0001177394-25-000066

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.