SEC Filing Summary: SYNNEX CORPORATION (Form 8-K)
Business Context and Reporting Period
This Current Report (Form 8-K) was filed on March 22, 2010, by SYNNEX Corporation (now TD SYNNEX Corp). The filing primarily documents the results of the Annual Meeting of Stockholders held on March 22, 2010. Additionally, the report references a press release issued on March 25, 2010, regarding financial results for the fiscal first quarter ended February 28, 2010.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) but are not detailed in the body of this 8-K document.
Material Changes and Corporate Actions
The filing details the following material corporate actions approved by stockholders:
- Election of Directors: Eight directors were elected to the Board of Directors: Robert Huang, Kevin Murai, Matthew Miau, Fred Breidenbach, Gregory Quesnel, Dwight Steffensen, James Van Horne, and Duane Zitzner. All candidates received significant majority support.
- Executive Compensation: Stockholders approved an amendment to the Executive Profit Sharing Plan for Section 16(b) Officers.
- Auditor Ratification: The selection of PricewaterhouseCoopers LLP as the independent registered public accountant for the 2010 fiscal year was ratified.
Guidance, Outlook, and Risks
The filing does not contain specific management commentary, forward-looking guidance, or a discussion of risks and contingencies. It serves as a procedural report of the stockholder meeting and a reference to the separate press release containing the quarterly financial results.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated March 25, 2010) for specific Q1 2010 revenue, earnings, and margin data.
- Verify the composition of the newly elected Board of Directors and their tenure.
- Confirm the details of the amendment to the Executive Profit Sharing Plan to understand potential impacts on executive compensation.
- Check subsequent filings for any updates on the fiscal year 2010 outlook following the Q1 results.