In a major leadership transition, TD SYNNEX has revealed that Patrick Zammit will ascend to the role of chief executive officer, succeeding Rich Hume, who will retire on September 1, 2024. Hume, whose leadership has reshaped the company, will continue to serve on the board of directors to ensure a smooth handover. This transition signifies the end of a significant growth era under Hume’s executive direction, ushering in a new chapter with Zammit at the helm.
Rich Hume’s transformative tenure
Rich Hume’s tenure as CEO has been marked by significant milestones and growth. Hume joined the company, then known as Tech Data, in 2016 as COO and became CEO in 2018. During his tenure, he has led the company through significant growth and transformation, including the acquisition of Avnet TS, taking the company private with Apollo Asset Management, and successfully merging Tech Data with SYNNEX.
Hume’s leadership during the pandemic showcased his ability to steer the company through tough times, maintaining its position as one of the world’s largest IT distribution hubs. Reflecting on his career, he said, “It has been the greatest privilege of my professional career to serve as CEO of TD SYNNEX. I am proud of the culture we have built, our partner-first focus, and commitment to customer excellence, and the purpose-driven approach we have taken in our business.”
Commenting on the selection of Patrick Zammit as his successor, he said, “In this dynamic and ever-changing technology landscape, Patrick is the right leader to build on this foundation as we continue to deliver value to our customers and vendors across the ecosystem. Under his leadership, I am confident that TD SYNNEX will reach even greater heights.”
Patrick Zammit’s vision for the future
Patrick Zammit, who has been with the company since it acquired Avnet in 2017, is set to bring his extensive experience and vision to his new role as CEO. Serving as COO since January 2024, Zammit has driven the company’s business strategy and accelerated the adoption of high-growth technologies globally. His leadership and operational excellence have been instrumental in accelerating the company’s profitable growth.
Expressing enthusiasm for his new role, he said, “I am honored to succeed Rich and lead TD SYNNEX into its next chapter. I look forward to building on the strong foundation we have established and driving forward our strategy and digitization roadmap to ensure we are constantly delivering the greatest value to our co-workers, partners, vendors, and shareholders.”
What’s next for the channel
Under Hume’s leadership, the company fostered an inclusive environment that empowered its employees and partners. Hume’s retirement and Zammit’s ascension are expected to continue this legacy, with a renewed focus on innovation and customer satisfaction.
Ann Vezina, chair of the board, expressed gratitude for Hume’s contributions and optimism for Zammit’s leadership, emphasizing the alignment of his vision with the company’s core values and strategic goals.
“We are immensely grateful to Rich for his leadership. His contributions have been pivotal in shaping the company’s trajectory, and we look forward to his continued guidance on the board of directors. Under Patrick’s leadership, TD SYNNEX will continue to thrive and set new benchmarks in the industry. His vision aligns perfectly with our core values and strategic goals, ensuring a seamless continuation of the innovative foundation that Rich has built.”
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