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Flex Ltd. (FLEX)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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31.62+0.04 (+0.13%)
At close: 04:00PM EDT
31.00 -0.62 (-1.96%)
After hours: 05:22PM EDT

Flex Ltd.

12455 Research Boulevard
Austin, TX 78759
United States

https://www.flex.com

Sector(s)Technology
IndustryElectronic Components
Full-time employees148,115

Key executives

NameTitlePayExercisedYear born
Ms. Revathi AdvaithiCEO & Director4.55MN/A1968
Mr. Paul R. LundstromChief Financial Officer2MN/A1975
Mr. Hooi Tan KwangPresident of Global Operations & Supply Chain1.86MN/AN/A
Mr. D. Scott OfferExecutive VP & General Counsel1.72MN/A1965
Mr. Michael P. HartungPresident of Flex Agility Solutions2.11MN/A1968
Mr. Daniel WendlerChief Accounting OfficerN/AN/A1967
Mr. Gus ShahinChief Information & Digital OfficerN/AN/AN/A
Mr. David RubinVice President of Investor RelationsN/AN/AN/A
Silvia GianelliSenior Director of Corporate CommunicationsN/AN/AN/A
Mr. Xavier F. BozaChief Human Resources OfficerN/AN/A1965
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions, including capital equipment, industrial devices, embedded and critical power offerings, and renewables and grid edge. In addition, it provides various services, including design and engineering, such as product design and engineering resources that provide design services, product development, systems integration services, and solutions; supply chain comprising manufacturing, customization, procurement, logistics services, and innovative supply chain solutions; manufacturing; logistics and value-added fulfillment, including warehousing and vendor managed inventory, omni-channel fulfillment, kitting, configuration, and postponement; and integrated reverse logistics and circular economy. Further, the company offers embedded and critical power solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.

Corporate governance

Flex Ltd.’s ISS governance QualityScore as of 1 June 2024 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.