June 8, 2010 (FinancialWire) — Tech Data Corp. (NASDAQ: TECD), a distributor of IT products, has appointed Savio W. Tung to its board of directors and the board’s audit committee. Tung will replace John Y. Williams, who retired on June 2 after serving on Tech Data’s board since 1988.

Tung is a founding partner of Investcorp, a global investment firm, where he was managing director and head of the Technology Investment Group until February 2009, and where he remains an advisor and chairman of the Technology Investment Committee.

Prior to joining Investcorp in 1984, he worked for Chase Manhattan Bank for 11 years, serving in its offices in New York, Bahrain, Abu Dhabi and London. Florida-based Tech Data is a distributor of technology products from IT hardware and software producers. Tech Data serves more than 125,000 IT solution providers in over 100 countries.

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