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27.01.26 - 23:06
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Hyve Solutions Announces Leadership Transition (Business Wire)
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Jerry Kagele Named President; Steve Ichinaga Transitions to Advisory Role After 15 Years Leading Hyperscale Infrastructure PioneerFREMONT, Calif.--(BUSINESS WIRE)--Hyve Solutions Corporation, a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leader in the design to worldwide deployment of hyperscale digital infrastructures, today announced that Jerry Kagele has been named President of Hyve Solutions. Kagele succeeds Steve Ichinaga, who is transitioning to an advisory role after four decades of service at TD SYNNEX, including the last 15 years as the founding executive of Hyve Solutions.
This planned leadership transition positions the company for continued growth and seamless operational continuity. Ichinaga will remain with the organization for the next year as Senior Advisor to Dennis Polk, Executive Chair of Hyve Global Holdings and Member of Board of Directors at TD SYNNEX, and will focus on customer and partner success.
“Steve Ichinaga's focused effort, steady guidance, and pass...
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22.01.26 - 22:24
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Jabil Announces Appointment of New Chairman, Directors to the Board (Business Wire)
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ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global engineering, supply chain, and manufacturing solutions provider, today announced that Steve Raymund has been appointed Chairman of its Board of Directors. Additionally, Thomas T. Edman and Raejeanne Skillern have been appointed to its Board of Directors.
“I am honored to accept this role and look forward to collaborating with the rest of the Board to continue advancing Jabil's strategic direction,” said Raymund. “We are also pleased to welcome Tom and Raejeanne to our Board. Tom's leadership in electronics manufacturing paired with Raejeanne's experience in key growth industries like cloud and data centers will be terrific additions to Jabil.”
Mr. Raymund has served as a director of Jabil since January 1996 and was appointed Lead Director in November 2021. He began his career at Tech Data Corporation, now TD Synnex, in 1981 as operations manager. He became COO in 1984 and was promoted to CEO in 1986, serving until his retir...
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08.01.26 - 13:03
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TD SYNNEX Reports Record Fiscal 2025 Fourth Quarter Results (Business Wire)
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Revenue of $17.4 billion, an increase of 9.7% year over year and above the high end of our outlook. On a constant currency(1) basis, revenue increased by 7.5% year over year.
Non-GAAP gross billings(1) of $24.3 billion, an increase of 14.7% year over year and above the high end of our outlook. On a constant currency(1) basis, non-GAAP gross billings(1) increased by 12.6% year over year.
Diluted earnings per share (“EPS”) of $3.04, and non-GAAP diluted EPS(1) of $3.83, an increase of 24.0% year over year.
Cash provided by operations of $1.5 billion and free cash flow(1) of $1.4 billion.
Returned $209 million to stockholders in the form of $173 million of share repurchases and $36 million in dividends.
Announced a quarterly cash dividend of $0.48 per common share, up 9% year over year.
“In the fourth quarter, our non-GAAP gross billings grew 15% year-over-year and non-GAAP diluted earnings per share grew 24% year-over-year, which established new records for our company and demonstrated the value of ou...
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