SEC Filing Summary: SYNNEX CORPORATION (8-K)
Business Context and Reporting Period
This Form 8-K Current Report, dated March 16, 2021, details the results of SYNNEX Corporation's Annual Meeting of Stockholders held on that date. The registrant is incorporated in Delaware and trades on the New York Stock Exchange under the symbol SNX.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes rather than financial performance.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Proposal 1: Election of Directors. Eleven directors were elected to serve until the 2022 Annual Meeting. All nominees received a majority of votes cast, though Matthew Miau received a significant number of withheld votes (17,132,306) compared to other nominees.
- Proposal 2: Executive Compensation. The advisory vote to approve executive compensation passed with 46,119,910 votes FOR, 516,282 AGAINST, and 162,719 ABSTAIN.
- Proposal 3: Ratification of Auditors. The selection of KPMG LLP as the independent registered public accountants was ratified with 48,525,007 votes FOR, 190,988 AGAINST, and 72,410 ABSTAIN.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares entitled to vote versus the actual votes cast to assess shareholder engagement levels.
- Review the specific reasons for the high number of withheld votes for director nominee Matthew Miau compared to other board members.
- Confirm the tenure of the newly elected directors and any changes to board composition effective immediately following the meeting.
- Check subsequent filings for the official appointment of KPMG LLP following the ratification vote.