Flex appoints Daniel Wendler as CAO effective Feb 28, replacing David Bennett who resigns for Nextracker CFO role

FLEX LTD.

David Bennett resigns as CAO effective Feb 28, 2022, to become CFO of Nextracker LLC.
Daniel Wendler appointed CAO effective Feb 28; previously CAO at Keter Group and Carrier veteran.
Wendler's compensation: $400K base salary, target bonus 50% ($200K) with up to 200% of target, plus equity.
Wendler receives $325K target equity award for FY2023 (three-year vest), plus $100K deferred compensation cliff vesting at 4 years.
One-time make-whole grants: $160K RSUs (3-year vest) and $40K cash bonus (repayable if leaves within 24 months).

item 5.02

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Appointed

Daniel Wendler

Chief Accounting Officer

FLEX · FLEX LTD.

Effective: 2022-02-28
Filed: February 17, 2022, 6:59 PM ET

the Board of Directors approved the appointment of Daniel Wendler as Chief Accounting Officer of the Company, effective February 28, 2022.

Departed

David Bennett

Chief Accounting Officer

FLEX · FLEX LTD.

Effective: 2022-02-28
Successor: Daniel Wendler
Filed: February 17, 2022, 6:59 PM ET

David Bennett who, on February 11, 2022, notified the Company of his decision to resign from his position as Chief Accounting Officer to become the Chief Financial Officer of Nextracker LLC, effective February 28, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Daniel Wendler was appointed as Chief Accounting Officer at FLEX LTD..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

the Board of Directors approved the appointment of Daniel Wendler as Chief Accounting Officer of the Company, effective February 28, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David Bennett resigned as Chief Accounting Officer at FLEX LTD..

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

David Bennett who, on February 11, 2022, notified the Company of his decision to resign from his position as Chief Accounting Officer to become the Chief Financial Officer of Nextracker LLC, effective February 28, 2022.

View on SEC.gov

FLEX LTD. filing history →

Source: SEC EDGAR

accession 0000866374-22-000019

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