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Flex Ltd. (FLEX)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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20.99-0.47 (-2.19%)
At close: 04:00PM EDT
20.92 -0.07 (-0.33%)
After hours: 06:25PM EDT

Flex Ltd.

2 Changi South Lane
Singapore 486123
Singapore
65 6876 9899
https://www.flex.com

Sector(s)Technology
IndustryElectronic Components
Full-time employees172,648

Key executives

NameTitlePayExercisedYear born
Ms. Revathi AdvaithiCEO & Director5.49MN/A1968
Mr. Paul R. LundstromChief Financial Officer1.51MN/A1975
Mr. Scott OfferExec. VP & Gen. Counsel1.8MN/A1965
Mr. Michael P. HartungPres of Flex Agility Solutions1.46MN/A1968
Mr. Hooi Tan KwangPres of Global Operations & Supply ChainN/AN/AN/A
Mr. Daniel WendlerChief Accounting OfficerN/AN/A1967
Mr. Gus ShahinChief Information OfficerN/AN/AN/A
Mr. David RubinVP of Investor RelationsN/AN/AN/A
Silvia GianelliSr. Director of Corp. CommunicationsN/AN/AN/A
Mr. Xavier F. BozaChief HR OfficerN/AN/A1965
Amounts are as of 31 December 2022, 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 design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio. It also offers integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; and power solutions, such as switchgear, busway, power distribution, modular power systems, and monitoring solutions and services. Additionally, the company provides after-market and forward supply chain logistics services to computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical industries; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. It serves to cloud, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy industries. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was incorporated in 1990 and is based in Singapore.

Corporate governance

Flex Ltd.’s ISS governance QualityScore as of 1 March 2023 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.