UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 30, 2015
Tech Data Corporation
(Exact name of registrant as specified in its charter)
| Florida | 0-14625 | 59-1578329 |
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
| 5350 Tech Data Drive Clearwater, Florida |
33760 |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: 727-539-7429
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 30, 2015, Tech Data Corporation (the "Company") issued a press release announcing that effective June 5, 2015, Joseph B. Trepani will assume the role of senior vice president and chief financial officer ("CFO"), the Americas. In this role, Mr. Trepani will be responsible for the company's finance, accounting and credit functions in the United States, Canada, and Latin America. Mr. Trepani has served as the company's senior vice president and corporate controller since March 1998. He joined the company in March 1990 as controller and served as director of Operations from October 1991 through January 1995. In February 1995, he was promoted to vice president and worldwide controller. Prior to joining the company, Mr. Trepani was employed by Price Waterhouse from 1982 to 1989. He holds a B.S. in Accounting from Florida State University and is a certified public accountant.
In its press release on April 30, 2015, the Company also announced that effective June 5, 2015, Jeffrey L. Taylor will be promoted to senior vice president and corporate controller. In this role, Mr. Taylor will serve as the company's chief accounting officer, responsible for all global accounting policy, controls and financial reporting. Mr. Taylor, age 48, most recently served as the company's vice president and assistant corporate controller. In this role he has focused on optimizing the processes, controls, and financial reporting of the company's worldwide finance teams. Prior to rejoining the company in October 2012, Mr. Taylor served in executive financial management with a value-added reseller and previously was employed by Deloitte & Touche ("Deloitte") from 1992 to 2003, most recently as audit partner in Russia and including three years in Deloitte's U.S. national office in the quality assurance and SEC services groups. He was previously with Tech Data for four years serving as vice president of Corporate Accounting, and holds a B.S. in Accounting from San Diego State University.
A copy of the Company's press release is filed herewith as Exhibit (99.1).
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is filed herewith pursuant to Item 5.02 hereof:
Exhibit No.
Description
99.1
Press Release dated April 30, 2015
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Tech Data Corporation
(Registrant) |
||
| May 4, 2015
(Date) |
/s/ JEFFERY P. HOWELLS
Jeffery P. Howells Executive Vice President, & Chief Financial Officer |
EXHIBIT 99.1
CLEARWATER, Fla., April 30, 2015 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) today announced two senior finance appointments effective June 5, 2015. Joseph B. ("Joe") Trepani will assume the role of senior vice president and chief financial officer (CFO), the Americas. In this role, Trepani will be responsible for the company's finance, accounting and credit functions in the United States, Canada, and Latin America. The company also announced that Jeffrey L. ("Jeff") Taylor will be promoted to senior vice president and corporate controller. In this role, Taylor will serve as the company's chief accounting officer, responsible for all global accounting policy, controls and financial reporting. Trepani and Taylor will report to Chuck Dannewitz, who will succeed Jeff Howells as the CFO of Tech Data Corporation following Howells's previously announced retirement on that date.
"These appointments are testament to the talented bench within Tech Data's finance organization," said Howells. "We are fortunate to have two seasoned leaders like Joe and Jeff, who both have proven track records of execution. I am confident that in their new roles, both will drive performance, compliance, and continuous improvement."
A 25-year Tech Data veteran, Trepani has served as the company's senior vice president and corporate controller since March 1998. He joined the company in March 1990 as controller and served as director of Operations from October 1991 through January 1995. In February 1995, he was promoted to vice president and worldwide controller. Prior to joining the company, Trepani was employed by Price Waterhouse from 1982 to 1989. He holds a B.S. in Accounting from Florida State University and is a certified public accountant.
Taylor most recently served as the company's vice president and assistant corporate controller. In this role he has focused on optimizing the processes, controls, and financial reporting of the company's worldwide finance teams. Prior to rejoining the company in October 2012, Taylor served in executive financial management with a value-added reseller and previously was employed by Deloitte & Touche ("Deloitte") from 1992 to 2003, most recently as audit partner in Russia and including three years in Deloitte's U.S. national office in the quality assurance and SEC services groups. He was previously with Tech Data for four years serving as vice president of Corporate Accounting, and holds a B.S. in Accounting from San Diego State University.
About Tech Data
Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $27.7 billion in net sales for the fiscal year ended January 31, 2015. It is ranked No. 111 on the Fortune 500® and one of Fortune's "World's Most Admired Companies." To learn more, visit www.techdata.com or follow us on Facebook and Twitter.
CONTACT: Investor Contacts:
Jeffery P. Howells, Executive Vice President
and Chief Financial Officer
727-538-7825 (jeff.howells@techdata.com)
Arleen Quinones, Vice President,
Investor Relations and Corporate Communications
727-532-8866 (arleen.quinones@techdata.com)
Media Contact:
Brian Kosoy, Director, Corporate Communications
727-299-8865 (brian.kosoy@techdata.com)