SYNNEX Corporation Expands Board of Directors
Hau Lee, Thomas Wurster and Dennis Polk Appointed
FREMONT, Calif.--(BUSINESS WIRE)--
SYNNEX Corporation (NYSE: SNX), a leading business process services
company, announced today the appointment of Hau Lee, Thomas Wurster and
Dennis Polk to the Company's Board of Directors.
The appointment adds two new Independent Directors and a key Company
executive to the SYNNEX Board, bringing the total number of Independent
Directors to eight and the total Board membership to eleven. In addition
to joining the SYNNEX Board, Mr. Lee has been appointed to the Company's
Audit Committee and Mr. Wurster has been appointed to the Company's
"I'm very pleased with the SYNNEX Nominating and Corporate Governance
Committee for bringing forth three such qualified Directors. Each new
Director has complementary backgrounds and experience. Messrs. Lee,
Wurster and Polk bring high caliber experience as well as deep knowledge
across multiple disciplines to our Board, and we believe they can
provide significant contributions to our shared vision for SYNNEX,"
noted Dwight Steffensen, Chairman of the SYNNEX Corporation Board of
Directors. "Their combined business, operational and financial
experience as well as their global exposure with public companies should
prove valuable to our strategy to continue to expand our global
Mr. Lee is the Thoma Professor of Operations, Information and Technology
at the Graduate School of Business at Stanford University. He is the
founding and current Director of the Stanford Global Supply Chain
Management Forum, an industry-academic consortium to advance the theory
and practice of global supply chain management and is also the Director
of the Stanford Institute for Innovations in Developing Economies, a new
institute created to use entrepreneurship and innovations to alleviate
poverty. Mr. Lee was elected to the National Academy of Engineering of
the U.S.; Fellow of Manufacturing and Service Operations Management;
Production and Operations Management Society; and Institute for
Operations Research and the Management Sciences. He is a co-founder of
"Hau Lee specializes in supply chain management and his expertise will
be invaluable as we grow our global footprint, not only in our
distribution business, but also in our global business services
business. We look forward to his contributions as a member of the SYNNEX
Board of Directors," said Duane Zitzner, Chairman of the SYNNEX
Corporation Nominating and Corporate Governance Committee.
Mr. Lee received his Bachelor of Social Science degree in Economics and
Statistics from the University of Hong Kong, his Master of Science
degree in Operational Research from the London School of Economics, and
his Master of Science and Doctor of Philosophy degrees in Operations
Research from the Wharton School of the University of Pennsylvania.
Mr. Wurster is a Senior Partner and Managing Director with The Boston
Consulting Group (BCG), a leading global management consulting firm,
where he leads the West Coast. In addition, he serves as a member of
BCG's Senior Officer Selection Committee, Officer Development Committee,
and Americas Management Team. In the past, he has led both the Los
Angeles and San Francisco offices of BCG. Mr. Wurster joined BCG in 1978
and was elected Vice President and Director in 1985. Mr. Wurster is also
Adjunct Professor of Strategy and Organization at the Yale School of
Management. He has more than thirty years of experience consulting to
leading companies with a specialization in technology and media. Mr.
Wurster is co-author of the book Blown to Bits (1999) on how digital
technologies change business strategy.
"Mr. Wurster is a strategic thinker and proven leader. His thirty plus
years of technology and media consulting will bring a fresh perspective
as our corporate strategy and goals continue to evolve. We look forward
to his contributions as a member of the SYNNEX Board of Directors,"
noted Mr. Zitzner.
Mr. Wurster received a Bachelor of Arts degree in Economics and
Mathematics from Cornell University with distinction and was elected to
Phi Beta Kappa. He received his Master of Business Administration degree
with honors from the University of Chicago and received his Doctor of
Philosophy degree in economics from Yale University.
Mr. Polk originally joined SYNNEX in 2002 as Senior Vice President of
Corporate Finance and Chief Financial Officer. In 2006, he was promoted
to Chief Operating Officer. Mr. Polk serves on the Board of Directors of
Terreno Realty Corporation. Before joining SYNNEX, Mr. Polk was Vice
President of Finance at DoveBid Inc., a capital asset disposition
services firm. Prior to DoveBid, he served at Savoir Technology Group,
Inc., a computer systems distributor and contract manufacturer, where he
was the Senior Vice President and Chief Financial Officer and at Grant
Thornton LLP, where he was an Audit Manager.
"As an integral member of the executive management team, Mr. Polk's
leadership and contributions have continuously proven to be strategic at
the overall Company level and on day to day operations. We're proud to
promote Mr. Polk and formalize his membership onto the SYNNEX Board of
Directors," said Kevin Murai, President and Chief Executive Officer of
A graduate of Santa Clara University, Mr. Polk received his Bachelor's
Degree in Accounting and is a Certified Public Accountant (inactive).
SYNNEX Corporation (NYSE: SNX), 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.
Statements in this release that are forward-looking, such as anticipated
contributions to the Company and the Board of Directors, involve known
and unknown risks and uncertainties, which may cause the Company's
actual results in future periods to be materially different from any
future performance that may be suggested in this release. The Company
assumes no obligation to update any forward-looking statements contained
in this release.
Copyright 2012 SYNNEX Corporation. All rights reserved. SYNNEX, the
SYNNEX Logo and all other SYNNEX company, product and services names and
slogans are trademarks or registered trademarks of SYNNEX Corporation.
SYNNEX and the SYNNEX Logo Reg. U.S. Pat. & Tm. Off. Other names and
marks are the property of their respective owners.
Lori Barker, 510-668-3715
Sr. Director of
Source: SYNNEX Corporation
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