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SYNNEX Corporation Chief Financial Officer To Delay Retirement

Stocks in this article: SNX

SYNNEX Corporation (NYSE: SNX), a leading business process services company, announced today that Mr. Thomas Alsborg, the Company’s Chief Financial Officer, has revised his plans to retire from his position as Chief Financial Officer of SYNNEX to the earlier of May 31, 2013 or the appointment of a new Chief Financial Officer. Mr. Alsborg had previously indicated he planned to retire on or about November 30, 2012.

“We are actively and selectively evaluating candidates for this position,” stated Kevin Murai, President and Chief Executive Officer. “In the meantime, we have a deep bench of financial leadership within SYNNEX and are pleased to have the additional flexibility of Thomas’ decision to delay his retirement.”

About SYNNEX

SYNNEX Corporation, a Fortune 500 corporation, is a leading business process services company, servicing resellers, retailers and original equipment manufacturers in multiple regions around the world. The Company provides services in IT distribution, supply chain management, contract assembly and business process outsourcing. Founded in 1980, SYNNEX employs over 10,000 full-time and part-time associates worldwide. Additional information about SYNNEX may be found online at www.synnex.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts and may be identified by terms such as believe, expect, may, will, provide, plan, anticipate, could and should and the negative of these terms or other similar expressions. These forward-looking statements, including statements regarding Mr. Alsborg’s planned retirement, are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, but are not limited to: Mr. Alsborg’s planned retirement, and other risks and uncertainties detailed from time to time in SYNNEX’s filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the three months ended August 31, 2012. Statements included in this press release are based upon information known to SYNNEX Corporation as of the date of this release, and SYNNEX Corporation assumes no obligation to update information contained in this press release.

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