TD Synnex

TD SYNNEX 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 and Tech Data. TD SYNNEX is led by former Tech Data CEO, Rich Hume.

Ownership
At closing former Synnex shareholders owned 55% of TD SYNNEX while Apollo Global Management, 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. On January 9, 2024, TD SYNNEX reported the results for 2023 Fourth Quarter and Full Year Results reaching $57B in revenue.

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 Nov 2023, Patrick Zammit has been named Chief Operating Officer, reporting to company CEO Rich Hume effective January 1.