---
schema_version: "secwatch.filing_event.v1"
accession: "0000866374-24-000039"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:55:23.967993+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Flex approves compensation for Interim CFO Martinez, salary increase for Tan, CCO Hartung

## Summary
- Interim CFO Martinez gets $300K RSU award (vests 50% per year) plus $50K monthly cash increment.
- President Hooi Tan base salary raised from $700K to $735K, retroactive to August 1, 2024.
- CCO Hartung bonus target raised to 110% of base, LTI award increased by $500K to $2.3M.
- Hartung's $500K RSU vests in three equal annual installments.
- Changes effective August 15, 2024, upon Board and Committee recommendation.

## SEC filing metadata
- accession: 0000866374-24-000039
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637424000039/0000866374-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637424000039/flex-20240815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-24-000039
- JSON: https://secwatch.observer/filing/0000866374-24-000039.json
- Plain text: https://secwatch.observer/filing/0000866374-24-000039.txt

## Key facts
- Executive change
  Michael P. Hartung changed role as Chief Commercial Officer at FLEX LTD..
  - Action: promoted
  - Role: Chief Commercial Officer
  source text: Finally, on August 15, 2024, the Board, upon the Committee’s recommendation, approved the following compensation changes for Mr. Michael P. Hartung in connection with his promotion to the role of Chief Commercial Officer:
  evidence_url: https://www.sec.gov/Archives/edgar/data/866374/000086637424000039/0000866374-24-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.