Corporate GovernanceMay 11, 2026, 04:19 PM
TD SYNNEX Updates Dennis Polk's Compensation: $840K Salary, $1.5M Equity
AI Summary
TD SYNNEX Corporation updated the offer letter for Dennis Polk, effective December 1, 2025. Mr. Polk will continue in his roles as Chair, Hyve Solutions Holdings, and as a member of the Company's Board of Directors. His compensation package includes an annual base salary of $840,000, an annual incentive bonus targeted at 100% of his base salary, and equity awards valued at approximately $1,500,000. The equity awards are comprised of 60% time-based restricted stock and 40% performance-based restricted stock units, with the offer letter also detailing severance provisions.
Key Highlights
- Dennis Polk's updated offer letter effective December 1, 2025.
- Continues as Chair, Hyve Solutions Holdings, and Board member.
- Annual base salary set at $840,000.
- Eligible for annual incentive bonus targeted at 100% of base salary.
- Granted $1,500,000 in equity awards.
- Equity awards: 60% time-based restricted stock, 40% performance-based RSUs.
- Includes severance terms for termination without cause or for good reason.
Price Impact
More from SNX