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Get filing alertsTD SYNNEX formalizes Chief Legal Officer compensation at $670K base, $1.5M equity
Filed July 16, 2026 · Period ending July 10, 2026 · ~1 min read
Key Changes
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Chief Legal Officer David Vetter's employment terms updated with $670,000 annual base salary and 100% target bonus tied to performance metrics set by the Compensation Committee.
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Annual equity grants valued at approximately $1.5 million, split 60% time-based restricted stock and 40% performance-based RSUs, granted on same schedule as other executives.
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Offer letter includes severance provisions for termination without cause or resignation for good reason, with enhanced protections in change-of-control scenarios; specific amounts not disclosed.
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Summary
TD SYNNEX formalized the employment terms for Chief Legal Officer David Vetter effective July 10, 2026. The updated offer letter establishes a $670,000 annual base salary with a target bonus of 100% of base salary, subject to performance metrics determined by the Compensation Committee. Mr.
Vetter will also receive approximately $1.5 million in annual equity awards, weighted 60% toward time-based restricted stock and 40% toward performance-based RSUs, granted concurrently with awards to other executive officers. This is a routine compensation disclosure documenting standard executive pay arrangements.
The package aligns the CLO's incentives with company performance through the annual bonus structure and equity mix. The severance provisions provide typical protections for involuntary termination or constructive dismissal, with change-of-control enhancements common in executive contracts. For retail holders, this represents normal course governance with no material impact on operations or strategy.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 17, 2026 · How we verify