Richard T. Hume is the CEO of TD SYNNEX Corporation, an important player in the technology distribution industry. He took the top job in September 2021 during a critical merger between SYNNEX and Tech Data Corporation. Hume has a solid...

Richard T. Hume is the CEO of TD SYNNEX Corporation, an important player in the technology distribution industry. He took the top job in September 2021 during a critical merger between SYNNEX and Tech Data Corporation. Hume has a solid background, holding a bachelor's degree in Accounting from Pennsylvania State University. Before stepping into his current role, he worked at Tech Data since 2018, where he helped guide the company through challenges in the tech landscape. Hume has over 30 years of experience in the tech field, including a long tenure at IBM, where he held significant leadership roles. In terms of compensation, for 2023, Hume's total pay reached about $1.24 million, comprised mainly of his salary and a performance-based bonus system. His bonus incentives reflect the company's financial performance, aligning his goals with those of shareholders. Notably, he has made regular stock trades, peaking at around $27 million in stock value as of 2024, indicating his strong confidence in the company’s future. Richard Hume continues to lead TD SYNNEX with a focus on growth and innovation.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other TD SYNNEX CEOs

T

Richard T. Hume

Ex-CEO of TD SYNNEX

Education

Bachelor's degree in Accounting

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1959 - 66 years ago

CEO of TD SYNNEX for

3 years 0 months (Sep 2021 - Sep 2024)

Previous Experience

Chief Executive Officer of Tech Data

Rivals

Competitors/colleagues of Richard T. Hume

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

T

Terrence R. Curtin

CEO of TE Connectivity

2023 Compensation

Stock

$0.00

Salary

$1.30M

Bonus

$2.08M

Other

$368.57K

Total Holdings

$16.53M

A

Richard Adam Norwitt

CEO of Amphenol

2023 Compensation

Stock

$9.10M

Salary

$1.46M

Bonus

$0.00

Other

$382.12K

Total Holdings

$117.28M

A

Sean J. Kerins

CEO of Arrow Electronics

2023 Compensation

Stock

$4.00M

Salary

$1.00M

Bonus

$0.00

Other

$14.07K

Total Holdings

$12.28M

C

Christine A. Leahy

CEO of CDW

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$20.38K

Total Holdings

$28.56M

Holdings

See how much did Richard T. Hume make over time.

Richard Hume's holdings in TD SYNNEX show significant fluctuations over the years. After the merger in September 2021, his stock holdings rose sharply, peaking at approximately $27 million in January 2024. Since then, it's seen minor decreases but remains robust,...

Richard Hume's holdings in TD SYNNEX show significant fluctuations over the years. After the merger in September 2021, his stock holdings rose sharply, peaking at approximately $27 million in January 2024. Since then, it's seen minor decreases but remains robust, indicating his strong commitment to the company's success. For instance, in December 2023, his holdings reached $27.16 million before decreasing to about $22 million by September 2024. This trail reflects a confident investment strategy, with notable peaks around significant company events and overall market performance. Hume's investment in TD SYNNEX signifies not just his belief in the company but also aligns with the company's goals for long-term growth.

Mar 18, 2025

A

shares

ALL @ $205.34

S

shares

SNX @ $128.85

Total Stock Sold

$26.43M

SNX

$26.43M

245,000 SNX shares

What if they kept their stock?

If Richard T. Hume didn't sell their stock, today they would have:
Extra SNX245,000 shares worth $11.95M.
This is -54.77% and $14.48M less than what they got when they sold the stock.

Charitable Transactions

SNX

15,600 shares

SNX

Recent Charitable Transactions

SNX

5,600 shares

SNX

Jan 24, 2025

Charity

SNX

10,000 shares

SNX

Oct 27, 2023

Charity

Insider Trading

See recent insider trades of Richard T. Hume.

SNX

5,600 shares

SNX

Jan 24, 2025

Charity

SNX

$2.35M

SNX at $117.42/share

Jan 3, 2025

Sale

SNX

$2.41M

SNX at $120.48/share

Dec 2, 2024

Sale

SNX

$2.33M

SNX at $116.49/share

Nov 4, 2024

Sale

SNX

$2.41M

SNX at $120.54/share

Oct 16, 2024

Sale

SNX

14,591 shares

SNX

Sep 3, 2024

Received

SNX

$1.31M

SNX at $130.77/share

Jun 3, 2024

Sale

SNX

$1.16M

SNX at $115.60/share

May 1, 2024

Sale

SNX

$1.06M

SNX at $105.84/share

Mar 4, 2024

Sale

SNX

$1.01M

SNX at $100.69/share

Feb 20, 2024

Sale

Compensation History

See how much did Richard T. Hume make over time.

In 2023, Richard Hume's total compensation was about $1.24 million. His salary was $990,277, and he earned bonuses tied to the company’s performance under the Management Incentive Plan, amounting to $2,486,400 for the year. This bonus reflects the emphasis on achieving financial targets established by the company's board. Interestingly, Hume did not receive vested stock in 2023, as he focused on performance-based and time-based RSUs. His compensation strategy aims to motivate him and other executives to align their interests closely with those of shareholders, encouraging growth and profitability across the company. The design of his pay shows a clear intention to reward success, which is essential for attracting and retaining top executive talent in a competitive market.

Year

2023

Total Compensation

$3.50M

Salary

$990.28K

Board Justification

The compensation philosophy emphasizes performance-driven pay, aligning executive compensation with company performance and competitive benchmarks to attract and retain talent.

Bonus

$2.49M

Board Justification

The bonus is based on the Management Incentive Plan, which rewards individuals for achieving financial goals.

Other

$18.34K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus is on performance-based RSUs and time-based RSUs that are not included in this total.

Performance Metrics

Performance metrics for the bonus include worldwide non-GAAP net income, return on invested capital, and other financial performance measures.

Other TD SYNNEX CEOs

Here are other CEOs of TD SYNNEX

Dennis Polk

Ex-CEO of TD SYNNEX

November 2017 - September 2021

Patrick Zammit

CEO of TD SYNNEX

September 2024 - Present