Board Oversight of M&A: Insights from Tech Data CEO and Board Leaders
In order to keep up with industry and global changes, Tech Data recently announced its acquisition of Avnet Technology Solutions, which is expected to close in the first half of 2017 and will make Tech Data the largest company by revenue based in Florida. It will also increase Tech Data's geographic reach from 21 to 35 countries, and has been well received by the market.
Join your fellow directors to learn more about the board's role in this acquisition and discuss best practices in M&A from Tech Data's CEO, Bob Dutkowsky, Board Chairman Steve Raymund and Board Transaction Committee Chairman Charles ("Eddie") Adair.
Mr. Dutkowsky, Mr. Raymund and Mr. Adair will share real-world examples of how a board oversees large M&A transactions including:
- Probing how the deal fits with company strategy
- Reviewing valuation and pricing
- Structuring and financing the deal
- Completing appropriate due diligence
- Negotiating and closing the transaction
- Providing oversight of post-closing integration and management
Attendees will receive a copy of the NACD white paper: Director Essentials: Oversight of M&A. This guide includes questions to ask and resources to deploy at every step in the M&A process, from strategy to post-merger integration.
Location and Time
Tech Data Corporation Headquarters
16202 Bay Vista Drive
Clearwater, FL 33760
3:00 - 3:30 pm Registration
3:30 - 5:00 pm Program and Q&A
5:00 - 6:00 pm Reception
Robert M. DutkowskyRobert M. Dutkowsky joined Tech Data Corporation in 2006 as Chief Executive Officer and a member of the Company’s Board of Directors. In his role as Chief Executive Officer, Mr. Dutkowsky oversees all aspects of the company’s extensive worldwide IT distribution operations. He has more than 30 years of experience in the Information Technology industry, including senior executive positions in sales, marketing and channel distribution with leading manufacturers and software publishers IBM, EMC, and J.D. Edwards. Mr. Dutkowsky currently serves on the board of directors for US Foods, United Way Suncoast, Moffitt Foundation and the advisory board of the University of South Florida Business School.
Steven A. RaymundSteven A. Raymund has served as a Director of Tech Data since 1986 and as Chairman of the Board since 1991. He served as CEO from 1986 through September 2006. Mr. Raymund is also a director of Jabil, Inc., where he is Chair of the Audit Committee and has served since 1996, and a director of WESCO International, Inc., where he serves on the Audit and Executive Committees and has served since 2006.
Charles E. AdairCharles "Eddie" Adair has served as a Director of Tech Data since 1995. He is a partner of Cordova Ventures and Kowaliga Capital, Inc. (venture capital fund management companies) where he serves as manager of venture capital funds. Mr. Adair served as President and CEO of Durr-Fillauer Medical, Inc. from 1981 to 1992. Mr. Adair also serves as a director of Torchmark Corporation and is a member of their Compensation Committee.