Key Insights

• TD SYNNEX to hold its Annual General Meeting on 20th of March

• CEO Rich Hume's total compensation includes salary of US$990.3k

• Total compensation is similar to the industry average

• Over the past three years, TD SYNNEX's EPS grew by 2.6% and over the past three years, the total shareholder return was 3.6%

Performance at TD SYNNEX Corporation (NYSE:SNX) has been reasonably good and CEO Rich Hume has done a decent job of steering the company in the right direction. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 20th of March. Here is our take on why we think the CEO compensation looks appropriate.

View our latest analysis for TD SYNNEX

Comparing TD SYNNEX Corporation's CEO Compensation With The Industry

At the time of writing, our data shows that TD SYNNEX Corporation has a market capitalization of US$9.2b, and reported total annual CEO compensation of US$9.3m for the year to November 2023. That's a notable increase of 23% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$990k.

On comparing similar companies from the American Electronic industry with market caps ranging from US$4.0b to US$12b, we found that the median CEO total compensation was US$7.3m. So it looks like TD SYNNEX compensates Rich Hume in line with the median for the industry. What's more, Rich Hume holds US$17m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Talking in terms of the industry, salary represented approximately 30% of total compensation out of all the companies we analyzed, while other remuneration made up 70% of the pie. It's interesting to note that TD SYNNEX allocates a smaller portion of compensation to salary in comparison to the broader industry. If non-salary compensation dominates total pay, it's an indicator that the executive's salary is tied to company performance.

A Look at TD SYNNEX Corporation's Growth Numbers

TD SYNNEX Corporation has seen its earnings per share (EPS) increase by 2.6% a year over the past three years. It saw its revenue drop 7.7% over the last year.

We generally like to see a little revenue growth, but the modest improvement in EPS is good. It's hard to reach a conclusion about business performance right now. This may be one to watch. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.