Tech Data adds two directors
December 16, 2020 - Tech Data, a Clearwater-based IT distributor, has added two independent directors to its board of directors. The new directors join Tech Data CEO Rich Hume and four representatives from Apollo Global Management Inc., the private equity firm that bought Tech Data earlier this year. The new directors are Nayaki Nayyar, executive vice president and chief product officer at Ivanti, an IT software company headquartered in Utah, and Tod Nielsen, most recently the president and CEO of FinancialForce, a cloud-based applications company headquartered in San Francisco. Apollo representatives on the Tech Data board are Matthew Nord, co-lead partner, Private Equity; Robert Kalsow-Ramos, partner, Private Equity; Aaron Miller, partner and head of Apollo Consulting; and Ryan Weaver, principal, Private Equity. Tech Data is one of the largest companies headquartered in the Tampa-St. Petersburg area, with $37 billion in revenue in the fiscal year that ended Jan. 31, 2020, just before it was acquired.