TD SYNNEX appoints COO
In what is quite possibly part of its CEO succession plan, tech distribution giant TD SYNNEX has appointed a COO.
Patrick Zammit, who is currently in charge of the company’s operations in Europe and Asia-Pacific Japan (APJ), will take on this newly created role on January 1. With this organizational structure change, regional presidents in the Americas, APJ, and Europe, as well as corporate functions responsible for global strategy and IT, will now report to Zammit.
Along with Zammit’s appointment comes word that Michael Urban, the current President of TD SYNNEX Americas, has decided to leave the company, though he will remain until 1 March of next year.
The creation of the COO role appears to mirror what happened at Tech Data when Rich Hume was named COO in 2016 before becoming CEO two years later. Hume – now CEO of the combined TD SYNNEX business – hinted that a similar succession plan could now be in place.
Staples Hit by Cyberattack
Office supplies giant Staples has confirmed a cybersecurity incident, stating that its mitigation efforts have affected delivery and customer service activities.
The company identified a “cybersecurity risk” and took steps to protect customer data, causing some systems to be offline and causing temporary disruptions to staples.com processing, delivering capabilities, and communications channels.
“Our prompt efforts caused temporary disruption to the staples.com processing and delivering capabilities, as well as to our communications channels and customer service lines,” Staples said.
Disruptions that affect multiple company systems could indicate a ransomware attack. However, there’s no confirmation of that so far. The company will launch an investigation, which should reveal whether any customer or employee data was accessed during the incident.
Source:
CyberNews
CD&R Completes Acquisition of Veritiv Corporation
Imperial Dade, a leading distributor of food service packaging and janitorial supplies, has officially closed its previously announced acquisition of Veritiv Canada, Inc. after receiving all necessary regulatory approvals. Financial terms of the private transaction were not disclosed.
“We are extremely excited to have officially closed this acquisition and enter the Canadian marketplace with such a reputable organization. We look forward to continuing to provide customers with a world-class value proposition and service offering under the Imperial Dade banner,” said Jason Tillis, CEO of Imperial Dade.
Now operating as Imperial Dade Canada, Inc., existing customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions. With twelve total locations covering all of Canada, Imperial Dade Canada is a full-service provider of packaging, JanSan and hygiene products, services and solutions. The management team is remaining in place and has built a strong reputation for its knowledgeable sales force, wide breath of products, and high touch customer service.
Source:
Business Wire
Paper Age
