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David Jordan

Executive Vice President and Chief Financial Officer at SNX
Executive

About David Jordan

David Jordan is Executive Vice President and Chief Financial Officer of TD SYNNEX, appointed October 2, 2025; age 38; he joined TD SYNNEX in 2014, served as SVP, Americas CFO since 2021, and Head of Investor Relations since 2024 before promotion to CFO . Company incentive programs anchor pay-for-performance to Non-GAAP Net Income, Adjusted ROIC, and Non-GAAP Diluted EPS per TD SYNNEX’s Pay vs Performance disclosure and CD&A; the Compensation Committee certifies results and applies capped payout curves to align incentives with sustainable performance .

Past Roles

OrganizationRoleYearsStrategic Impact
TD SYNNEXEVP & CFO2025–presentResponsible for all aspects of financial management; elevates capital optimization and investor engagement
TD SYNNEXSVP, CFO, Americas2021–2025Led Americas finance; commercial acumen and operational leadership supporting growth and discipline
TD SYNNEXHead of Investor Relations2024–2025Advanced investor engagement; strengthened vendor, customer, and investor relationships
TD SYNNEXSenior finance roles2014–2021M&A experience; capital optimization focus; FP&A and operational leadership across the organization

External Roles

No external directorships or public company board roles disclosed in TD SYNNEX’s proxy or 8-K filings for David Jordan .

Fixed Compensation

ComponentTermsNotes
Base Salary$650,000 (effective Oct 2, 2025) Increased upon CFO appointment
Annual Cash Incentive (Target)100% of base salary Actual payout based on Compensation Committee performance metrics
RSAs (time-based)Fair value ≈ $900,000; grant date Oct 15, 2025 Granted alongside annual cycle; standard plan terms apply
PRSUs (performance-based)Fair value ≈ $600,000; typically granted in January Granted with other executive officers’ performance equity cycle

Performance Compensation

Management Incentive Plan (MIP) – CFO role precedent (FY2024)

MetricWeightingFY2024 TargetFY2024 ActualFY2024 Payout
Non-GAAP Net Income70% (CFO role precedent) $1,055M $1,012M 96%
Adjusted ROIC30% (CFO role precedent) 10.2% 10.0% 98%

Notes:

  • TD SYNNEX uses payout curves with thresholds at 70% attainment (30% payout) and capped maximum 200% payout; MIP max payout capped at $3.5M .
  • The FY2024 CFO precedent (Marshall Witt) provides clarity on metric design and weighting for the CFO function; David Jordan’s 2025 bonus will be based on metrics set by the Compensation Committee per his appointment 8-K .

Long-Term Incentive (LTI) PRSUs – Program design

MetricPerformance PeriodThreshold MechanicsMaximum MechanicsVesting Basis
Non-GAAP Diluted EPS3 fiscal years ending Nov 30 Minimum threshold formula at 75% of target Target formula up to 166.7% of target for all executives Contingent on continued employment and performance achievement
Adjusted ROIC3 fiscal years ending Nov 30 Annual Committee-set target; measured cumulatively Combined with EPS formula to determine PRSU vesting Contingent on continued employment and performance achievement

Illustrative settlement for the prior 3-year period (FY2022 grant) showed 92% achievement leading to PRSU vesting below target for NEOs; this demonstrates calibration of long-term hurdles .

Equity Ownership & Alignment

MetricOct 2, 2025Oct 3, 2025Oct 15, 2025
Unvested RSAs (#)2,837 (granted Oct 15, 2024)
RSAs Granted (#)5,739 (new grant)
Shares Sold (#)431 (open-market sale) 380 (likely tax withholding sale)
Sale Price ($/sh)Not disclosed on source page$156.81

Alignment policies and guidelines:

  • Anti-hedging and anti-pledging: Company prohibits hedging/monetization and pledging by directors and executive officers; short-term trading, margin, and short sales are prohibited; pre-clearance required for sales .
  • Executive stock ownership guidelines: For executive officers other than the CEO, requested equity position is the lesser of 2× base salary or $1,000,000; performance-based RSUs excluded from calculation; unvested time-based equity may count .

Employment Terms

ItemDisclosure
AppointmentAppointed EVP & CFO effective Oct 2, 2025; succeeds Marshall Witt
Base Salary$650,000
Target Bonus100% of base salary; metrics set by Compensation Committee
Equity GrantsRSAs ≈ $900,000 (Oct 15, 2025); PRSUs ≈ $600,000 (typically January)
Severance / Change-of-ControlNot disclosed for Jordan. For other NEOs (context): if terminated without cause within 2 months before or 12 months after a change of control, salary continuation based on average salary+bonus for 18–24 months and paid COBRA; outside CoC window, standard severance applies; no tax gross-ups for CoC
ClawbackRecoupment policy requires recovery of excess incentive-based compensation upon financial restatement

Investment Implications

  • Alignment: Compensation design ties CFO pay to measurable financial outcomes (Non-GAAP Net Income, Adjusted ROIC) with capped payout curves; RSAs/PRSUs (~$1.5M combined) create multi-year equity alignment; anti-hedging/pledging and stock ownership guidelines strengthen alignment .
  • Retention: New CFO package with clear target bonus, annual RSAs, and PRSU participation indicates intent to retain and incentivize long-term performance; lack of disclosed bespoke severance suggests standard framework rather than special protections .
  • Trading signals: October Form 4s show modest sales around grant events (including likely tax-related sale) and new RSAs awarded; this pattern does not indicate sustained selling pressure; monitor upcoming January PRSU grant and future vesting calendars for potential supply overhang .
  • Execution risk: Track record emphasizes finance leadership, M&A, capital optimization, and investor engagement—fit for SNX’s margin/ROIC-centric incentives; continued delivery against EPS and ROIC LTI metrics will be key to compensation realization .

Best AI for Equity Research

Performance on expert-authored financial analysis tasks

Fintool-v490%
Claude Sonnet 4.555.3%
o348.3%
GPT 546.9%
Grok 440.3%
Qwen 3 Max32.7%

Best AI for Equity Research

Performance on expert-authored financial analysis tasks

Fintool-v490%
Claude Sonnet 4.555.3%
o348.3%
GPT 546.9%
Grok 440.3%
Qwen 3 Max32.7%