On November 30, 2020, Concentrix Corporation entered into a separation and distribution agreement with SYNNEX Corporation, pursuant to which SYNNEX agreed to separate the Company and its technology-infused customer experience solutions business from SYNNEX (the Separation’) and distribute all of the issued and outstanding shares of the Company's common stock to SYNNEX stockholders in a tax-free distribution (the Distribution’ and, together with the Separation, the Spin-off’). In connection with the Spin-Off, as of immediately prior to the Effective Time, the Company’s Board of Directors (the ‘Board’) was increased from three directors to eight directors. Each of Christopher Caldwell, Teh-Chien Chou, LaVerne Council, Jennifer Deason, Kathryn Hayley and Kathryn Marinello was elected to the Board by SYNNEX, as the Company’s sole stockholder, in each case effective as of immediately prior to the Effective Time. As of immediately prior to the Effective Time, Simon Leung, who had been serving as a member of the Board, ceased to be a director of the Company. Effective as of immediately prior to the Effective Time, Ms. Marinello was appointed Chairperson of the Board and members of the Board joined the standing committees of the Board as follows: Mr. Chou, Ms. Council and Ms. Deason were appointed to serve as members of the Audit Committee of the Board, with Mr. Chou appointed to serve as Chair; Ms. Hayley, Ms. Council and Ms. Vezina were appointed to serve as members of the Compensation Committee of the Board, with Ms. Hayley appointed to serve as Chair; and Mr. Chou, Ms. Deason, Ms. Hayley and Ms. Vezina were appointed to serve as members of the Nominating and Governance Committee of the Board, with Ms. Vezina appointed to serve as Chair. As previously announced, Ms. Vezina, who had been serving on the Audit Committee, departed from the Audit Committee effective as of immediately prior to the Effective Time. In connection with the consummation of the Spin-Off, as of immediately prior to the Effective Time, the following individuals were appointed to the offices of the Company set forth opposite their names: Cormac Twomey, Executive Vice President, Global Operations and Delivery.
Concentrix Corporation is a global provider of customer experience (CX) solutions and technology. The Company provides end-to-end capabilities, including CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation. Its customer lifecycle management solutions include services such as customer care, sales support and digital marketing. It also provides complementary services, including CX/user experience (UX) strategy and design, digital transformation, and voice of the customer (VOC) and analytics. Its CX/UX strategy and design solutions, including CX strategy, data-driven user design, journey mapping, and multi-platform engineering. Its digital transformation solutions include services such as robotic process automation and cognitive automation and mobile app development. ConcentrixCX, its VOC solutions platform, helps turn customer feedback into actionable insights. It operates under the trade name Concentrix + Webhelp.
CONCENTRIX CORPORATION 
